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Madrid A place for science and technology

Madrid: a home for entrepreneurship

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DYNAMIC ENTREPRENEURIAL ECOSYSTEM Madrid is home to 21.1% of all companies created in Spain in 2015. More businesses are established each year in the city of Madrid than in Barcelona, Valencia, Seville and Zaragoza all together.

Largest national concentration of high-growth, high-potential start-ups: 20% of total. Madrid is one of the European cities with the highest number of business accelerator and incubator schemes for entrepreneurs.

Thanks to the innovation-friendly environment of the region, Google has opened an Entrepreneur Campus in Madrid, the 2nd in Europe after the London Campus.

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Advanced business environment

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Madrid is one of the largest aeronautical clusters in Europe and the centre of the aerospace sector in Spain (AIRBUS, BOEING, BOMBARDIER and others), comprising 65% of the sector turnover. 18 of the 25 biggest biomedical and pharmaceutical companies in the world are present in Madrid (72%). Madrid is home to 35% of all scientific production in Spain.

The headquarters of all the big telecom companies operating in Spain and nearly 50% of all IT firms are housed in Madrid. Madrid also has powerful clusters in the automotive sector, the publishing industry and in renewable energy, among others.

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HIGH-TECH INDUSTRY

50%

65%

72%

Advanced business environment

Source: (1) DATACOMEX 2015; (2) EUROSTAT 2015

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The region of Madrid lies 2nd in Spain in terms of industrial production and 3rd in terms of export volume, while being the leading region for technological exports.(1)

Madrid is the national leader in engineering: 39% of companies 75% of revenue 47% of total employment in the sector.

No. 2 region in the EU-28 for technology-related employment: 220,000 professionals working in the high-tech industrial and services sectors (35.3% of Spanish high-tech jobs). (2)

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Madrid: Spain's leading R&D centre

Sources: (1) INE 2014/EUROSTAT; (2) CSIC

Madrid 43

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R&D INVESTMENT DRIVE

Spanish region in terms of money for R&D: 3,435 million euros, 1.75 % of GDP (Spain allocates 1.24%). (1)

Madrid is home to 43 of the 135 National R&D Network centres. (2)

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TOP

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Leading the way in private research

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LEADING THE WAY IN PRIVATE R&D CENTRES OF EXCELLENCE A great many multinationals have assigned their centres of excellence to Madrid in order to carry out important research work:

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