Las Palmas de Gran Canaria has 43 startups in our sample database. This represents about 1% of Spain’s startups. Las Palmas de Gran Canaria is the 6th best startup ecosystem in Spain.
In 2023, the startup scene of Las Palmas de Gran Canaria shows much promise after advancing in the Global Ecosystem Index by 20 spots.
They say ‘preparation is the key to success,’ and indeed, the Canary Islands startup ecosystem and public sector developers have wholeheartedly embraced this principle. Unlike many other tourism-dependent regions, which might have rested on the laurels of tourist revenue, the Canary Islands have taken a proactive approach, dedicated to fostering a competitive IT and startup hub. Long before the pandemic brought travel to a standstill, the islands were already on a mission to redefine their place within the global startup arena. As they continue to nurture and fortify the connections within their local ecosystems, the Canary Islands have etched themselves a distinguished position, characterized by a delightful blend of fun, affordability, top-notch fiber connectivity, and an unwavering commitment to business innovation.
The Canary Islands, an enchanting archipelago located off the coast of Spain, comprise major islands such as Tenerife, Gran Canaria, and Fuerteventura, along with Lanzarote, La Palma, La Gomera, La Graciosa, and El Hierro, forming the eight main islands. Renowned for their breathtaking natural landscapes and captivating beaches, iconic attractions like the Teide National Park, home to one of the tallest volcanoes globally, are among the many treasures found here. Naturally, the Canary Islands have become a magnet for tourists, drawing a staggering 12 million visitors annually. However, this paradise also allures a diverse group of individuals seeking more than just a vacation spot. Retirees, digital nomads, and location-independent entrepreneurs are increasingly flocking to this destination, enticed by the prospect of harmonizing an idyllic lifestyle with a culture of innovation and growth, one that passionately supports new ventures, business developments, and novel ideas.
Every startup ecosystem possesses its unique advantages and strengths, which, when harnessed effectively, can yield tremendous benefits. In the case of the Canary Islands, their ecosystem is an alluring blend of various elements. Government funding serves as a catalyst for budding entrepreneurs, the delightful climate provides an ideal backdrop for creativity, and a supportive community rallies behind aspiring visionaries. Moreover, the affordability of living in the region and access to cost-effective labor create an environment where startups can flourish and thrive.
In conclusion, the Canary Islands have emerged as more than just a tourist haven; they have strategically positioned themselves as a dynamic startup destination with a distinctive allure. Their foresight, dedication, and commitment to fostering innovation have secured their place on the global startup map. As the sun-kissed archipelago continues to radiate with opportunities and possibilities, it beckons entrepreneurs and dreamers alike to embark on a journey of growth and success in this flourishing startup haven."
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The health check tables allow you to look at the performance Las Palmas de Gran Canaria has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Las Palmas de Gran Canaria is ranked within the top 400 startup ecosystems globally.
Las Palmas de Gran Canaria’s startups excel particularly in Social & Leisure where it ranks 203 and in Ecommerce & Retail, and Fintech. Find out more
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 40th - 3 | 17.658 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 49th + 1 | 13.514 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 184th - 25 | 3.317 | 00.00 | 00.00 | 00.00 | |
4th 0 | 284th - 14 | 1.504 | 00.00 | 00.00 | 00.00 | |
5th 0 | 332nd - 8 | 1.141 | 00.00 | 00.00 | 00.00 | |
6th + 1 | 340th + 20 | 1.065 | 00.00 | 00.00 | 00.00 | |
7th + 1 | 370th + 2 | 0.933 | 00.00 | 00.00 | 00.00 | |
8th - 2 | 382nd - 31 | 0.890 | 00.00 | 00.00 | 00.00 | |
9th 0 | 418th - 4 | 0.757 | 00.00 | 00.00 | 00.00 | |
10th 0 | 436th - 12 | 0.704 | 00.00 | 00.00 | 00.00 |
Within Las Palmas de Gran Canaria there is an increased attraction for entrepreneurs to set up their startups in industries such as Social & Leisure, Ecommerce & Retail, Fintech. These three industries represent about 35% of the startups represented on the Startup Ecosystem Map of Las Palmas de Gran Canaria.
Las Palmas de Gran Canaria is Spain's 6th best startup ecosystem and is ranked 107th in Western Europe. With a population of 0.1M - 0.5M people, Las Palmas de Gran Canaria is ranked 340th in the world. The city has some notable startup success stories including Cargobot.
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