Innovative region: Spain
In 2009, Spain hit a low in terms of overall venture capital investment, with just €120m ($134m) invested. After the recession, Spain was one of the troubled economic countries known as Pigs – Portugal, Ireland, Greece and Spain. Investment has grown since, and Spain has relatively recently developed a reputation as an innovation hotspot.
Spain has undergone significant political turmoil, with a corruption scandal ending Mariano Rajoy’s administration in 2018, and continuing debates surrounding Catalonia’s independence. Spain’s legislative agenda has…