The Spanish government recently announced 11 billion euros for small, medium sized companies in the hard-hit tourism sector. Will it be enough? And what is the longer term plan for the Spanish economy?
In the longer term, Spain has seen the need to reform its economy as the current model, heavily reliant on tourism, is unreliable. Many in the country also want self employment red tape cut and costs reduced.
Joe Haslam joins me to explain the long term cultural and systematic problems Spain faces in reforming itself into a country of start ups.
We also discuss 'Spain Entrepreneurial Nation' the new 10 year plan to set out by the government to help start ups in Spain grow.
Joe Haslam is the Executive Director of the Owners Scaleup Program at IE Business School in Madrid, Spain. This is a program specially designed for small and medium sized companies that want to scale. He is also the presenter of the High Impact Online Program "Scaleup! How to Successfully Manage Growth" and the Academic Director of the Global Scaleup Program, a joint course offered by IE with the American University of Beirut. In the International MBA, he teaches an award winning elective called "Scaling Up Your Startup".
Article discussed: Spain’s ten-year plan to put startups in the economic driving seat