How much influence does the city you live in to open a new business? Of course, everything depends on the type of company or service that you want to provide. But even in times where teleworking has diluted the importance of large cities for the professional future, it is clear that aspects such as the business fabric or something as obvious as the number of clients continue to have a paramount weight.
The savings products company Raisin has created a ranking with which, according to its analysis, are the best Spanish cities in which
For this they have weighted different indicators such as the number of registered companies, population, exports, GDP per capita or bureaucratic ease as well as quality of life. The result is a list that alternates large capitals with smaller ones.
The 10 best Spanish cities to start a business
This is the list made with the top 10 national:
-Madrid
-Barcelona
– Valencia
– Seville
– Pamplona
– Palma de Mallorca
-Bilbao
– Murcia
– Gijon
– Saragossa
Madrid leads the ranking
Madrid is home to more than half a million companies and has managed to increase this number by 2.12% in the last year, despite the economic impact of the coronavirus crisis. That is why it is consolidated as the Spanish city that has managed to grow the most in this regard, followed by Valencia (2.03%) and Seville (2.02%).
In addition to having a large business fabric, Madrid also has a wide variety of initiatives and events aimed at supporting the financing of startups. One of them is Madrid Emprende, which aims to support the entrepreneurial spirit of Madrid citizens and the creation and growth of SMEs, the platform values.
Barcelona, in second place
Barcelona has an entrepreneurial ecosystem that has been rooted for years and is undergoing constant evolution. That is why it continues to maintain itself as one of the best cities in which to open a business.
As for the benefits it offers to entrepreneurs, they are quite similar to those of Madrid. The city attracts a large amount of talent every year due to the supply of financing, the density of the population and the organizations that support entrepreneurship. Organizations such as Barcelona Activa are in charge of supporting entrepreneurs in their growth and innovation. The Port of Barcelona is one of the main ports in Europe in the Mediterranean and is the third largest container port in Spain. Catalonia is the community that exports the most in all of Spain. 71,624 million euros, which contrasts with the figure for Andalusia (32,439 million euros) or the Community of Madrid (30,510 million euros).
Valencia closes the podium
Valencia is the third most inhabited city in our country and benefits from several incubator and accelerator programs to support business initiatives in the city.
The Levantine capital concentrates one of the largest commercial activities on the peninsula and has a well-established entrepreneurial culture. In fact, it is the third Spanish city that has grown the most in the number of companies in the last year.
The costs to open a business are cheaper than in cities like Madrid or Barcelona, which makes it more accessible for entrepreneurs who do not have a high initial capital. This includes cheaper and more accessible rentals and purchases of real estate than in other cities.
In addition, if the company carries out import and export activities, it can benefit from the proximity of Valencia to the seaports, lowering costs.
Seville, the city where more new companies have been born
Despite the economic and social slowdown of the last two years, Seville has managed to be one of the Spanish cities where more companies have been born between 2019 and 2020, only surpassed by Madrid and Valencia.
A large number of business resources such as Sevilla Emprendedora y Empresas are in charge of advising, training and accompanying entrepreneurs. And not only for that, but also because it offers considerably lower costs than the rest of the cities mentioned above, which makes the Andalusian capital an ideal location to set up a business for the first time.
It should also be noted that the Andalusian autonomous community is positioned as the second largest exporter in Spain (32,439 million euros), only behind Catalonia. This export sector acts as a lever for growth and allows Seville to expand its presence in international markets.
Pamplona combines quality of life with entrepreneurship
To close the fifth position as the best city in Spain to undertake, Pamplona takes it. The capital of Navarre enjoys an ideal location for a logistics operation that requires easy access to a large part of Europe. Its privileged geographical position along the Pyrenees facilitates business between the Iberian Peninsula and the rest of Europe, which makes it prosper in international business.
Likewise, it is considered one of the Spanish cities with the best quality of life, of which the quality of available health care, the safety of the region and the proliferation of countless green areas free of pollution stand out, they explain from Raisin.
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