Workgroup

Promoting entrepreneurship in Spain

Why?

The Working Group on «the promotion of entrepreneurship in Spain» aims to identify the current financial, bureaucratic and cultural barriers that an entrepreneur in Spain has to face, as well as the different promoters and define the roadmap to which they must face a Spanish startup from its constitution, until its expansion phase, from the point of view of promoters, investors and Administration, in order to identify the weaknesses of the Spanish system, the points in which we are strong and, above all, the initiatives that should be taken to attract promoters, investors and corporations to the generation of new long-term startups.

Analysis Areas

The Spanish Entrepreneurship Model

Spanish Model Vs European Models

Degree of promotion of entrepreneurship

Publications

Entrepreneurship in Spain

Proposals of the Working Group of Fide

Under the coordination of Abel Fernández, the GT Entrepreneurship in Spain presents on July 3, 2020, 6 proposals to enhance the entrepreneurial ecosystem in Spain.

The working group Fide formula proposals on the following subjects:

  1. Improvement of the tax debt compensation regime: the reform of the Tax Current Account.
  2. Application of the monetization of tax deductions for R + D + i, with retroactivity of 1 to 3 years, without the need for a Reasoned Report for those companies that invoice less than € 10M and receive cash in a period not exceeding 6 months.
  3. Introduction in the Corporation Tax regulations of provisions that extend the freedom of depreciation of property, plant and equipment to all companies, prior to maintaining existing employment.
  4. Increase the percentage of IT deductions from 12 to 20% and the Social Security bonus for research staff from 40% to 100% for those companies that bill less than € 10M.
  5. Introduction in the Corporate Tax regulations of technical improvements in relation to the impairment of bad debts
  6. Strengthen the ENISA or Innvierte program financing channels, to allow the growth of startups by receiving financing in advance, with a 0% loan or public risk capital in sectors defined as strategic for the country.

Have participated in this working group: 

  • Alvaro de la Cueva, Partner of the Garrigues Tax Department.
  • Paul Coke, Development Director of the CTIC Foundation
  • Abel fernandez, Leyton Partnership Manager. GT Coordinator
  • Javier Fernandez-Lasquetty, Elzaburu's partner. Member of the Academic Council of Fide.
  • Jose Fernandez Camero Co-founder of Triditive.
  • Margarita Garcia, Leyton Marketing Director
  • Cristina Jimenez Savurido, President of Fide
  • Rafael Martinez Permuy, Co-founder of Microviable Therapeutics
  • Andy Ramos, Counsel of the Department of Intellectual, Industrial and Technology Property of Pérez-Llorca. Member of the Academic Council of Fide.
  • Angela Ribeiro, Deputy Vice President of Knowledge Transfer of the Automatic and Robotics Center of the CSIC
  • Marta Saiz, Inspector assigned to the Subdirectorate of Information and Assistance of the AEAT
  • Joseph Santacana, Nekko Managing Partner
  • Jaime Velasco Prague, CEO of GoSupply

 

Observers of the working group:

Teresa Risk, Secretary General for Innovation. Ministry of Science and Innovation.

 

All the people who have participated in this working group of Fide, have done so in a personal capacity and not on behalf of the entities, offices, Universities or companies, where they carry out their professional work, so these conclusions do not reflect and do not include institutional positions but rather particular ones of each one of the members of the group.

Group Coordinator

Abel fernandez

Partnership Manager of Leyton Iberia.
Academic coordination

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