What is the first Spanish unicorn to reach the Spanish selection? “Breakthrough” companies, companies characterized by a high potential for growth and innovation, are the closest to securing a place among the main companies in Spain.
Will they arrive one day? .start Like Wallbox and JobandTalent to be members of Ibex 35? Although it is difficult to predict when this will happen, it would not be surprising if the future Rhino ends up finding his place in the Spanish selection. the closest To achieve this she more, those projects that are in advanced stages of development and have greater growth potential. Proof of this is the US ecosystem, where recently established companies such as Uber and Airbnb are already part of the S&P 500 index.
In the case of Spain, Wallbox, JobandTalent, and Cabify are the companies that come closest to achieving thisAccording to the classification prepared by Patio Campus, the project center For entrepreneurship and innovation launched by the Community of Madrid last year in collaboration with companies such as BMW, Iberia and Inditex. The study, just presented within the framework of the South Summit, identifies 35 key points more Spanish companies have the potential to become the country’s next big companies because of their ability to innovate, grow, and expand.
Possible
“Within the entrepreneurship ecosystem, it was necessary to focus on once-established companies .startthey seek to extend their model: more“Says Javier de Miguel, Ecosystem Leader at Patio Campus. The analysis is based on income figures, employees and financing raised by companies to carry out the first filtering process. After that, the final selection of 50 companies was evaluated by a committee composed of a group of officials from Mahou San Miguel, Cepsa, Merlin Properties, Inditex, Iberia, Google Cloud, L’Oréal and Social Nest.
These experts were responsible for classifying these more From 0 to 5 according to three specific criteria: innovation, feasibility and impact. First, the challenge is to determine whether each company is an innovator in its sector and a leader in bringing new products, services or processes to the market. One of the key aspects is the fact that the company uses its own advanced technology which gives it a competitive advantage.
At the feasibility level, the study focuses on the company’s ability to operate sustainably and profitably in the long term, analyzing whether it has needed external financing throughout its history and whether it has been operating in a fairly crowded environment. Finally, the third criterion assesses the social and environmental impact of the company, checking whether it contributes significantly to any of the United Nations Sustainable Development Goals (SDGs) and whether it generates fair and equitable employment opportunities.
In this sense, factors such as sustainability and social impact have increasingly greater weight in corporate success. Projects related to environmental transformation and sustainability accounted for 65% of the total investment in the country .startaccording to the report Spain Ecosystem Report 2024 It is set up by Dealroom, Kfund, Wayra, Spaincap, Endeavor, Gohub Ventures, BBVA and Enisa.
As Borja Marinas, CEO of Patio Campus, points out, “Until now there has been an absence of an official definition in Spain about what exactly is morewhich is essential to be able to recognize them and give them the status they deserve.” Thus, the analysis concludes that a company must meet these requirements in order to be considered more: Revenue of at least 5 million euros – with a compound annual growth rate (CAGR) of 50% in the last two years – and a team of at least ten professionals who have obtained at least 5 million euros in external financing – although this could be too Introduction o Financing from private resources.
(Tags for translation) Expansion and Recruitment / Entrepreneurs
