When a startup chooses its working location, there are three main areas taken into consideration: access to customers, ecosystem and affordability. This is why London and Berlin have always been ranked among the favorite European cities for startups. Entrepreneurs gravitate towards these financial tech centers, but over the past five years there has been an entrepreneurship trend towards the Southern countries. Barcelona has been leading the pack with the highest number of investments and startup capital.
Barcelona sets up a unique environment for promising newcomers in the tech scene complemented with World Congress and 4YFN. Global successes such as Typeform, Wallapop, Glovo and LetGo began their business in the Catalan capital, helping Barcelona be considered the new “Silicon Valley” of Europe.
We don’t have to mention the obvious about Barcelona, one of the most popular cities amongst travelers, sun seekers and tapas lovers. Inspiration awaits in every corner, from its gorgeous historical and modern architecture to creative streets. Situated in the heart of the Mediterranean Sea, Barcelona hosts more than 7.5 million tourists every year, ranking it a one of the top 50 most visited cities of the world. The sunny weather, the vibrant and friendly people, the affordable accommodation and the delicious food make Barcelona the perfect place for young entrepreneurs to move to and be inspired.
Barcelona, thanks to its top ranked business and design schools in the world such as ESADE, IED and BAU, along with top VCs in Europe provide great cross fertilization and support system for entrepreneurs and tech developers to thrive and drive the economic development of the city. Investment firms like Nauta Capital and Vitamina K, angel investors like ESADE BAN, incubators like Seedrocket and of course Barcelona Activa, all invest heavily in the Barcelona tech scene. The increase in number of global businesses and startups moving their headquarters to the city has created a big necessity of new young talent. Moreover in the past two years, initiatives like coding bootcamps and development schools have started to appear in the educational scene of Barcelona to fill this gap for quality-developers in the market.