There are a range of active startup cities in Spain, with Madrid and Barcelona standing out globally.
Spain's two largest cities are attractive for technology businesses. So much so that the latest data from fDi Intelligence, a Financial Times publication, places Madrid and Barcelona among the best cities in Europe for startups and entrepreneurs. This comes after Madrid was also named amongst some of Europe's most important tech hubs. We have the details.
The 2021 edition of the study, 'Tech Cities of the Future', in which 76 European cities from 31 European countries have been analysed, places the Spanish capital of Madrid in sixth position in the ranking, one place above the Catalan capital Barcelona.
London once again tops the list, followed by Paris and Dublin. Berlin is the fourth best positioned city for startups in Europe, followed by Amsterdam. The top 10 best cities for startups and entrepreneurs is completed by Madrid, Barcelona, Munich, Stockholm and Bucharest.
The study places special emphasis on the improvement shown by the cities of Berlin, Madrid and Stockholm compared to the edition, in which they have managed to climb several positions. In the case of the Spanish capital, the document highlights that it has climbed five places and that Madrid has more than 300 startups and 100 coworking spaces.
In addition, according to data published by the company Dun & Bradstreet, Madrid has the second highest number of companies in communications of all the cities in the ranking and is also among the leading cities in Europe in categories such as incentives and strategies to attract investors and entrepreneurs, or success in attracting foreign capital.
These are the 25 most technological cities of the future and the best cities in Europe for startups and entrepreneurs:
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