Preliminary draft of the “Startup Law”: The Law to promote the startup ecosystem

On 6 July, the Council of Ministers approved the Report on the Preliminary Draft Bill to promote the start-up ecosystem, with the aim of:

  1. Encourage the creation and relocation of start-ups in Spain.
  2. Attract talents and international capital for the development of an entrepreneurial ecosystem with an innovative vocation.
  3. Encourage collaboration between small to medium Enterprises (SMEs), large companies and start-ups.
  4. Promote Research, Development, and Innovation (R&D&I), also in the Administration through innovative public procurement, and
  5. Encourage the collaboration of start-ups and entrepreneurs with universities and research centers.


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