Lisbon Challenge Tourism Day was organized by Lisbon Challenge (Beta-i) and Turismo de Portugal to join first time entrepreneurs with seasoned startups, investors and key players in the tourism sector held on July 4 2014, at Microsoft headquarters in Lisbon. Full program here http://lisbonchallenge-tourismday.eventbrite.pt

1. Travel startup ecosystem in Spain
Financing for tourist start-ups
Emprendetur Programme
Lisbon, July 2014

2. NEW
TECHNOLOGIES
KNOW-HOW
ENTREPRENEURS
INNOVATION
The State Company for Tourism Technology and Innovation
Management , PLC (SEGITTUR), is attached to the State Secretary for
Tourism, and so the Ministry of Industry, Energy and Tourism. Its main action
is to boost:

3. 3
Spanish touristic context

4. 4
Employees
2,1M440.00018.0001,7M60.0009.000440.00018.0001,7M60.0009.000
Companies in the sector
440.00018.0001,7M60.0009.000
Hotels
440.00018.0001,7M60.0009.000
Hotel Places
440.00018.0001,7M60.0009.000
Catering Companies
440.00018.0001,7M60.0009.000
Intermediary companies

5. 5
96%73%90%96%73%90%SMES
96%73%90%
Micro - SMEs
96%73%90%
Family-owned

6. Spanish Startup Community

7. Spanish startups community. Features:
• 3.000 startups.
• Geographic concentration in Madrid, Catalonia and the Community of
Valencia
• 63 accelerators
• 71 incubators
And…
what about
funding?

8. Private equity and
Venture Capital

9. Spanish startups community. Funds:
3F Business Angels
Family OfficeCrowdfunding
Venture Capital?

10. Venture Capital
Total funds Nº transactions
Source: Anuario ASCRI 2014, ASCRI Source: Anuario ASCRI 2014, ASCRI
Preferred destinations for private equity in
Spain

11. Public financing for tourist startups
Emprendetur Programme
11

12. 12
Objectives of the programme
 To aid the development of innovative business models that
improve competitiveness and profitability in the Spanish tourist
sector.
 To promote the incorporation of innovative young entrepreneurs
into the fabric of tourist business.
 To support the start-up of innovative projects developed by
young entrepreneurs.
Emprendetur Young Entrepreneurs Programme

13. 13
Programme characteristics:
 Under 40 years of age (partner average), and an SME in existence for less than 2 years.
 Interest rate determined in the official announcement
 5 years for repayment; 2-year grace period
 Up to €1,000,000. Maximum of up to 100%, with the Net Assets limit
 No guarantees
Emprendetur Young Entrepreneurs Programme

14. 14
Emprendetur R&D+I Programme

15. Objectives:
• Research and development applied to products in the tourist sector.
• Strengthen R+D+i processes in the tourist sector.
• Development of innovative tourist products that improve the competitiveness and
profitability in the Spanish tourist sector.
• To provide companies with access to innovative developments
• Internationalisation
15
Emprendetur R&D+I Programme
2 subprogrammes
R+D SUB-PROGRAMME: focused on R+D projects relating to technological
innovation and tourism.
INNOVATIVE PRODUCTS SUB-PROGRAMME: focused on projects focused
on development of innovative products relating to technological innovation
and tourism
.

16. 16
Programme characteristics
 Spanish companies.
 Interest rate determined in the official announcement.
 5 years for repayment; 2-year grace period
 Up to €1,000,000. Maximum of up to 75%, with the Net Assets limit
 Guarantees: 36%
Emprendetur R&D+I Programme

17. SUCCESS STORIES
MyTwinPlace
Coolbook
WeSmartPark
BeOnPrice

18. Ana Fernández Casado
ana.fernandez@segittur.es
innpulsa@segittur.es
@InnpulsaTurismo
www.innpulsaturismo.es