8 January 2009

Nurturing Spain’s hi-tech start-ups: an entrepreneurial culture has taken hold in Spain, but can it survive a recession?

Cristina Jimenez

After a late start, Spain’s entrepreneurial culture has taken root. It remains modest compared to other European countries such as Switzerland, Germany, Denmark, Sweden or the UK, but the good news for Spain is that the credit crisis seems not to be hitting the investment climate yet. While larger investments have dropped off drastically, venture capital in early stage high-tech companies seems to be resisting the financial collapse.

At the Neotec Forum, one of the most important events for connecting entrepreneurs and investors in Spain, the financial crisis was not (openly) in evidence. “The forum has gathered momentum...

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