Bilbao Bizkaia Startup digital
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Transcript of Bilbao Bizkaia Startup digital
Land of opportunities for digital contents startup companies
Bilbao Bizkaia Startup
Strengths and drivers of Bilbao Bizkaia for a digital contents startup
Macroeconomic Situation
Strengths
Entrepeneur driven public institutions
Drivers
Strategical Position Friendly towards invest-ment
Market Strength Digital Incubators, space for entrepreneurs
R&D&i Investment, introducing your best partners
Human Capital Access to the most talented human capital
Infrastructures and Connectivity
International events related to digital economy
Working and Living in Biscay Public advisory, all you need is us
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Strengths of Bilbao Bizkaia for a digital contents startup
1. Macroeconomic Situation
Population
Foreign population
GDP per capita
Digital contents companies
Employment in digital contents
Metropolitan Bilbao: 1,100,000
7%
€ 28,461 122% EU average
1,479
10,200
Thanks to its location in the European Union, Bilbao Bizkaia is a strategic hub for the establishment of your Digital Contents startup
Direct flights to European cities
2. Strategical Position
ParisLondonBrusselsBerlinFrankfurtMunichDusseldorfSttutgartMilanRomeOsloLisbonAmsterdamBarcelonaMadridIstanbulGenevaManchester
3. Market Strength
Spain´s 3rdstrongest region for
foreign direct investment, behind
Madrid and Catalonia Almost 700 foreign companies settled in the Basque Country
700
People Employed in FDI companies = 11% of working
population
61.000
2008
2009
2010
2011
2012
2013
500 M
1000 M
999 MBasque Gross Investment Flow
3. Market Strength
Almost
300 companies involved
Turnover up to
€ 3,000 mill and expected to increase in 27% to 2015
Up to
12,000 highly qualified employees
R&D investment rate:
4.2% (of sales)
33% Exports(% of sales)
GAIA: Basque Digital Contents Cluster, a partner for your startup.
Multimedia &Digital
IT &Communication
SW & HW Electronic Equipment's
Geographical Information
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2012
2015
151
153
160
162
165
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170 21
7 231
240
2010
265
2011
267 27
9 300
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2012
2015
1.24
7,10
1.41
5,46
1.50
5,25
1.60
0,00
1.86
2,40
2.12
3,00
2.48
4,00
3.03
2,00
3.31
5,00
3.06
0,00
2010
2.99
4,89
2011
2.91
1,00
2.90
0,00
4.00
0,00
Adigital: The Digital Economy Association of Spain is located in Bilbao.
The biggest conference regarding innovation in digital business and electronic commerce.
Almost 500 companies involved
3. Market Strength
Training: A wide range of training possibilities, including subsidies and discounts.
Institutional relations: Dialogue with public institutions for the development of a beneficial legal frame for the associated companies and the digital economy.
Research: Digital Contents research to approach to common strategies, products , useful services and benefit from new opportunities.
Legal Advice specifically for digital startups.
First region in Spain according to
GDP Invested in R&D&i2,19%
Above EU 2020 objectives
More than € 170 mill. per year allocated for Research, Development and Innovation in Bilbao Bizkaia
Basic & excelence research centresInnovation
Support Sub System
University and
Scientifici Sub-System
Technological Development Sub-System
Centres for cooperative research
Technological centres
Research & innovaction bussiness units
Laboratories & health r+d centres
Intermediate bodies
Supporting infraestructures
Universities
Rese
arch & Development & Innovation
Basque Ecosystem: Digital Contents
34
28
14
64
19
9
7
4. R&D&i
Technology Park of Bizkaia
Stablished companies 219
Workforce 7,647
R&D employees 27%
Global income € 2,455 mill.
Advanced science, technology and innovation system.
5. Human Capital
The Basque University Education is referent within the European Higher Education Area.
3rd European Region with the
highestnumber of university graduates
67,551 University Students
32% Technical Studies
7,784 videogame and audiovisual sector related university studies
Young people with university degree
Bizkaia 43%Europe 24%
Deusto
MONDRAGONUNIBERTSITATEA
5. Human Capital
• Computer engineering
• Telecommunications engineering
• Telecommunication engineering
• Informatics engineering
• Format Telecommunication engineering
• Audio-visual Communication
• Technology and Telecommunications engineering
• Management informatics
and Informational System engineering
• Computer engineering
• High performance computing
• Telecommunication engineering
• Computational engineering
and intelligent systems
• Advanced computer systems
• Multimedia communication
• Contemporary technological and performance art
• Computer Engineering
• Telecommunications Systems Engineering
• Audiovisual Communication
• Digital marketing
• Bachelor of Science in Computer Science in Real-Time Interactive Simulation
• Bachelor of Fine Arts in Digital Art and Animation
Art CoursesAnimation CoursesFilm CoursesInternship CoursesMusic CoursesProjects CoursesComputer Science CoursesComputer Graphics CoursesGame Projects CoursesCommunications Courses
Degree
Master
Deusto MONDRAGONUNIBERTSITATEA
6. Infrastructures and connectivity
Metro and tram:
1.000 million users per year. Three minutes frequency. Complete coverage of metropolitan area.
High Speed Train,
will start operating in 2018: Madrid in 2 hours, Paris 5 hours.
Road Connections:
Excellent transport links, which connects all municipalities in less than 40 minutes by road or public transport.
Airport:
more than 4 million passengers per year. 10 minutes from Bilbao city centre (12 Km).
Bilbao international airportRoad connectionsNetwork of railway linesMetro & city tram
6. Infrastructures and connectivity
€ 72 mill. public budget allocated for the digital agenda.
Cloud Computing boosted from the public institutions
Broad Band access 95% of the population
Secure and trustable network
88% of the population access NGAs and 3G /4G technologies.
Cutting edge TIC infrastructures that cover all Bilbao-Bizkaia.
• Human Development Index Bizkaia• Above UE average rate, 0,738.
• High quality health care• Longest life expectancy in the EU.• Free and universal health system,
reference as a quality service.
78,2 85,1
7. Working and Living in Bilbao-Bizkaia
1st
LivCom Prize in the category of Enhancement of the Natural and Built Landscapes
1st
Lee Kuan Yew World City Prize 2010 (Nobel Prize of
Cities)
1st
Best Urban Practices Award
(Expo 2010)
1st
Città d´Acqua, Biennale
di Venezia Architecture
7. Working and Living in Bilbao-Bizkaia
1 M annual visitors at Guggenheim Museum
Cultural Assets declared World Heritage by UNESCO
Beach 10 minutes away from city centre
53% of its surface covered with trees.
Natural Assets declared as Biosphere Reserve by UNESCO
Bilbao is the 3rd most sustainable City in Spain
28 Michelin Stars in 2014
Bilbao is a reference in the European Art Network, and it complements the Bilbao-Bordeaux-Madrid Ant Axis.
Culture Nature Gastronomy
Drivers for a digital contents startup in Bilbao Bizkaia
1st
City with the best e-Administration in Spain according to the Internet Users Association (2010)
1st
Most transparent city in Spain in 2008, 2009, 2011 and 2012 according to Transparency International
1st
Rigorous economic policies and strategic budget to ensure a stable economic network (zero debt, paid in 30 days)
4th
Southern European city in the overall and FDI strategy categories in the FDI European Cities and regional of the future ranking (2014)
1. Entrepreneur driven public institutions
Openness
Transparency
Security
Investment
Winner of the EPSA-European Public Service Award (2011)
1. Entrepreneur driven public institutions
Three public companies committed to digital contents startups in Bilbao Bizkaia.
Advice in obtaining licenses and permits
Obtaining visaConnectivityTrademarkPatenting
Funding & subsidiesConstitution (PAE)LocationAdvisoryHiring
Expedited incorporation: 2-3 days. Cheap incorporation: 100 € Accompanying notary signatureAdministrative documentationAdvice on legal forms
A consultant beside you 24/7
Centralised Point to help entrepreneurs
2. Friendly towards investment
Bizkaia legislates on direct taxes and establishes tax incentives and deductions for its businesses.
Research Development 30-50%
New Non-Current Assets 10% (5% in asset improvement)
Projects involving sustainable taxation 10-30%
Patent Box 30-60% (acquired or developed)
Creation of employment 4,900€ per person
Incentives related to funding (all companies)
Technological Innovation 15-20% (with Technological Centres)
Tax Incentives for companies investing in startups:• Reduction in the tax base (60% of the invested amount)• Purchase of shares: maximum 100.000€ per investment
General tax 28%
Reduced to 24% for SMEs
Tax Deductions
3. Digital Incubators, space for entrepreneurs
A wide space offer in Bilbao to incubate digital contents startups.
Preincubation
Design Kabi.200m2 (€1/day) 20MB
Biscaytik. 1.200m2 20MB
Acceleration
KBI Digital. 1.100m2 (€85/month/person) 20MB
Located in Bilbao City Centre Mentoring and training planAcceleration servicesPrivate investor networkCourses on digital business issuesAccess to leading companies
Growth
Kabi 612.5.600m2 (4.5€/m2/month) 20MB
Elkartegiak. (3-9€/m2/month) 20MB
4. Investment, introducing your best partners
Specific public funding for every stage of the company life cycle.
250kNETs
110kproject concept
250kSeed Capital
Bizkaia
500kEkintzaile XXI
600kElkano XXI
1500kGauzatu
180kCorporate
constitution
100kBasque Fondo
25kMicro credits
95kIncorporation
80kloT
projects
80kInnovative
projects
50kInnovative
projects
120kInternatio-nalisation
400kBasque Fondo II
Grant
Loan
Capital
REV
ENU
E
TIME
Angels, FFF
Seed Capital
Early Stage
Valley of Death
VCs Acquisitions/Mergers& Strategic Alliances
Pre-Seed Capital
Later Stage
* Maximum amounts for each funding tool. Some of them would be subject to the European minimis rule.
4. Investment, introducing your best partners
Private funding agents in Bilbao Bizkaia are extremely proactive in searching startups to invest in.
200kBusiness Angels
Network
150kSeed Funds
300kENISA
Entrepeneurs
>150kCDTI
Innovation
50kFinancial Entities
25kSocial
Entities
Endorsament
Loan
Capital
REV
ENU
E
TIME
Angels, FFF
Seed Capital
Early Stage
Valley of Death
VCs Acquisitions/Mergers& Strategic Alliances
Later Stage
250kSpecialised
funds
1,500kMutual Guaran-
tee Societies
Private investment funds operating in Bilbao Bizkaia:
START DMCArgi Industrial Partners / UPLIFT S.L.MicroWave VenturesEmprendizaSamsung Venture InvestmentKereon partnersAbra Invest S.L.Crecer +Bulka Business AngelsInceptionOnzaVitamina kEntrecanales Sitka CapitalFaraday Ventures PartnersOnetoOne Corporate FinanceDUMA AsociadosTaldeEkarpenCaixa Capital Risk
* Maximum amounts for each funding tool. Some of them would be subjet to the European minimis rule.
Finance Advice Training Prizes
Micro credits and other instruments
BBVA Innovation Centre
Yo soy empleo BBVA Open Talent
Micro credits and other instruments
Startup advice BBK Fundazioa BBK Ideas competition
Diverse financial products
Entrepreneur advice Gaztelanbidean New business ideas competition
Caixa Capital RiskMicroBanck
Advice for different entrepreneur profiles
Entrepreneurship programmes
XXI Entrepreneur awards
Financial instruments Specialized advice Trainning Courses Bstart up
4. Investment, introducing your best partners
Financial institutions in Bilbao-Bizkaia offer much more than just funds.
5. Access to the most talented human capital
A digital contents company can take advantage of tax benefits from employement.
Public Institutions promote Training on the job
1M€ aids/year.120 professionals/year.
30% of the gross salary (Up to € 9,000 per person).Up to 90.000€ subsidy per company when emplo-ying staff.
Enterprises paying Social Security generate a credit in order to invest in training for employees.
Public Institutions also offer subsidised training programmes for Basque employees, including specific programmes in R&D&i.
Through our subsidiary Bizkaia Talent, we attract foreign qualified personnel.
Benefits of hiring talent
* In addition to all thisbonus in Social Security Tax for researchers: 40% of the company¨s contribution for common contingenices
5. Access to the most talented human capital
No work permit needed
Work permit + Visa
Foreign Employees
Job Offer Company Registration
Residence and Work Permit Residence and Work Permit
Visa Visa
Foreign Entrepreneurs
UENon UE
14/2013 Law for Entrepreneurs support and their interntionalization
WHO:InvestorsEntrepreneursHighly qualified professionalsR&D&I developmentIn company transfer
WHERE (one-stop-shop):Residence authorisation: Strategic Collective Unit-Ministery (resolution in 20 days)Visa: Spanish consulate country of origin (resolution in 10 days)
HOW:Passport or identity document (applicants must be over 18)Medical insurance accreditation documentCriminal record certificateEconomic means accreditation
6. International events related to digital economy
Uztailaren 24tik 27ra -del 24 al 27 de Julio
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DEPARTAMENTO DE DESARROLLO
ECONÓMICO Y COMPETITIVIDAD
EKONOMIAREN GARAPEN
ETA LEHIAKORTASUN SAILA
International events in Bilbao
Facilities to host international events
7. Public Advisory, all you need is us
For further information contact: [email protected]
SPRI S.A. is the Business
Development agency of the
Autonomous Region of the
Basque Country, to promote
the country as an attractive
place to invest in, and the
promotion of business
dealings between foreign
and Basque companies.
Beaz S.A.U. is the company
of the Department of
Economic Promotion of
Biscay´s Provincial Council,
responsible for the
development of innovative
business projects and the
fostering of high growth
startups, both local and
foreign.
Bilbao Ekintza is a
Local Business Public
Entity (EPEL) created to
generate economic and
social wealth in the city,
enhancing its capabilities
as a destination for
investment, business
creation and growth,
attracting visitors and
talent.
European Union
European RegionalDevelopment Fund