Boost for startups: The Government announces an expansion of Enisa funds

The Secretary of State for Digital Advancement, Francisco Polo, announced that his objective is to promote investment in startups to promote innovation.

The Secretary of State for Digital Advancement, Francisco Polo, announced that his objective is to promote investment in startups to promote innovation with fiscal improvements. “The Government's action in this regard is based on a socio-economic vision of innovation that is framed in two pillars: economic growth and citizen well-being”, points out.

Expand funding ENISA and ruling out the need for an NIE so that a foreigner can invest in a Spanish startup were also issues highlighted at the event. “One of the main barriers is excessive bureaucracy and administrative obstacles”, I commented.

The Secretary of State also expressed his intention to introduce measures to reduce the gender gap and promote the role of women in entrepreneurship.

“We are aware that there are few women who are interested in technological careers (Stem) or who are starting out with a startup. Women receive less investment and startups are mostly run by men. We must ask ourselves why it happens and how we can remedy it. We will work to reduce this gap. It's been proven that women-led companies offer better returns on investment.”

Francisco Polo also clarified that he does not want Spain to be the Silicon Valley of southern Europe, referring to the number of homeless people: he remembered the 135,000 people who sleep on the street in San Francisco, the inequality, the high rental prices. This is not the model you want for Spain.

“We want to build a structured, cohesive and supportive entrepreneurial nation that reverts to the economy as a whole, and that helps us grow without renouncing digital well-being or our rights.”

In addition, Francisco Polo has already expressed on numerous occasions his intention to make Spain an entrepreneurial nation. “For the Government of Spain, investors play a strategic role in our country. You risk money with investments. When no one else is willing to invest, you facilitate disruption. You make it possible for the world to move forward”, he ruled.