Madrid presents new startup initiative with VP for Digital Single Market, Andrus Ansip

On 6 March 2017, Vice-President for the Digital Single Market, Andrus Ansip, and Madrid’s most important financial, tech and startup players will gather for the presentation of the ‘Madrid Startup House’ Foundation

The Digital Single Market is one of the European Union’s key priorities. It aims to tear down regulatory barriers and create a more vibrant, connected and seamless European Digital Market.

But how can Spain, and its capital Madrid, confront the challenge of being part of a truly Digital Single Market?

Madrid is a city buzzing with entrepreneurship activities, both within the public and the private sphere, but often resources, connections and efforts are widely dispersed. What is needed is a single point to unify all activities and players, to strengthen the entrepreneurship scene and give the city’s startup community a platform for international reach to other ecosystems, like the United States.

Madrid Startup House was launched in November 2016 under the umbrella of the Digital Single Market, to do just this. Other platforms like this are foreseen to be created in other cities in Europe, such as Venice in Italy.

This 6 March 2017, Madrid’s most important financial, tech and startup actors will gather with Andrus Ansip, Vice-President for the Digital Single Market, as well as Isidro Laso, Head of the European Commission initiative ‘Startup Europe’ , for the presentation of the ‘Madrid Startup House’ Foundation.

Founders Hugin & Munin and Socios Inversores are enthusiastic about the impact that Madrid Startup House Foundation will have on Madrid, and Spain’s, ability to adapt to the Digital Single Market. Victor Teodosio (Hugin & Munin) states “With Madrid Startup House, we hope to provide a platform, under the umbrella of the European Commission, that strengthens the ecosystem as a whole.”

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