Spanish start-ups grow by 12% in one year and exhibit a lower risk of default, with Madrid, Catalonia and Valencia as centers of attraction.

 

The analysis carried out by INFORM D&B, subsidiary of CESCE, highlights the differentiating characteristics of the start-ups in the Spanish business landscape. These businesses, defined by their recent creation, innovation (not just technological) and search for financing, have demonstrated to have Greater sales and a upper mid-level template to other companies established during the same period. On average, the revenue per start-up is approaching the 454.000 Euros with a 4 employees by company.

 

Lower Risk and Greater Internationalization

 

A crucial feature is the greater robustness that these companies present. score The risk of closure—which assesses the probability of official closure within 12 months—places the 75 % Plans start-ups at a level of low or medium-low risk, surpassing 67 % of the rest of the companies. Similarly, in the score of liquidity, which measures the risk of significant payment delays, only the 14 % Plans start-ups presents a high or moderate-high risk, compared to 20 % of their comparison group.

 

In the external sphere, the start-ups demonstrate a greater international ambition and a 5% of them records international activity (imports/exports and subsidiaries), slightly above the 4% of the rest. Furthermore, the 1% Plans start-ups has one or more subsidiaries in other countries, a significantly higher percentage than 0,15 % of the others.

 

Nathalie Gianese, Director of Studies at Informa D&B, highlighted the performance of this segment: “The identified start-ups have sales and an average staff size that exceeds that of the other companies created in the same comparable period, with a turnover per company that approaches 454.000 euros and 4 employees”.

 

Sectoral and Geographic Concentration

 

The activity of the start-ups It is heavily concentrated in a few sectors. Insights y Business services group the 35 % and the 27 % of the total, respectively. They are followed by Stores (almost the 12 %) to Industry (more than 8%), adding up the four of them 82 % of the total. It is relevant that the 45 % Plans start-ups is directly linked to the technologies, well above the 5% of the control group, with a 40 % dedicated to Cutting-edge technology services.

 

geographically, Madrid, Catalonia y Valencia They are the great ones poles of attractionThe first two concentrate close to 27 % Plans start-ups each one, and Valencia one 12 %These communities also lead in revenue, with a 31%, 29% and 11% respectively. At the municipal level, Madrid y Barcelona They exchange positions like the main ones hubs of this type of company, with Valencia in third position, followed by Malaga y Bilbao.

 

The Gender Gap in Management

 

The study also sheds light on the female presence in the boards of directors. In the start-upsThis percentage is notably less, situated in a 15 %, while in the rest of the societies it reaches 23 %. Only the 16 % of these startups exceeds the proportion of 40 % of women on the council, compared to 24 % in the comparison group. By sector, Health (28 %) and Education (21 %) have the highest proportions of women on their boards, while Hospitality, Construction and real estate activities e Financial intermediation They are on the opposite side, with percentages ranging between 11% and 12%.

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