Startup Valencia and CaixaBank, through DayOne, are reinforcing their alliance to continue driving the startups and scale-ups of the Valencian Community’s innovative tech ecosystem. Both organisations will cooperate to consolidate the region as an international benchmark tech hub.
Thanks to this collaboration, specific initiatives aimed at early-stage startups will be launched to facilitate access to financing and the knowledge needed to scale their business models. Events, training programmes and tools will also be promoted to foster the sustainable growth and internationalisation of these projects.
This common framework will further tighten links between entrepreneurs and the Valencian business fabric, generating synergies with large corporations, universities, research centres and public administrations.
The collaboration agreement was signed by Olga García, CaixaBank’s regional director for the Valencian Community and the Region of Murcia, and Juan Luis Hortelano, president of Startup Valencia.
CaixaBank, through DayOne —its division specialising in tech companies and their investors— offers tailor-made financial solutions for startups, scale-ups and investors, including products such as venture debt endowed with €150 million for innovative companies in Spain and Portugal. DayOne also promotes the EmprendeXXI Awards, a well-established recognition of high-impact entrepreneurship, and operates physical hubs in Barcelona, Madrid, Valencia, Zaragoza, Bilbao and Málaga, serving as meeting points for founders and investors.
The bank thus reinforces its commitment to tech entrepreneurship and the digital economy, actively participating in Startup Valencia’s strategic initiatives. CaixaBank DayOne will serve as sponsor and exhibitor at the eighth edition of VDS, the international tech event scheduled for 22 – 23 October at the City of Arts and Sciences in Valencia. The institution will have a prominent space for networking activities and its own sessions, and will feature in the content programme with talks and activities. VDS expects to gather more than 12,000 professionals from 120 countries, 3,000 startups, 1,500 corporations and 800 investors with a combined portfolio exceeding €300 billion.
“Renewing the support of an institution like CaixaBank is excellent news for the entire tech ecosystem,” said Juan Luis Hortelano, president of Startup Valencia and VDS. “With an economic impact of €20.3 million at the last edition, VDS shows its growing influence and its capacity to attract talent and investment, positioning Valencia as a global tech hub of reference. An organisation like CaixaBank must be present and play a leading role in an international conference of this magnitude,” he added.
“With this alliance, CaixaBank is betting on the Valencian Community as a first-rate innovation hub,” stated Olga García. “This collaboration agreement with Startup Valencia and the implementation of the DayOne model in the Community marks another step in our strategy of offering specialised banking by segments, tailored to the needs of each client profile. For startups and scale-ups, this specialisation means a service with new approaches aimed at all agents in the innovation ecosystem, leveraging CaixaBank’s extensive experience working with entrepreneurs and companies,” emphasised the regional director, concluding that “startups and entrepreneurs have in CaixaBank an ally for both the present and the future.”
