INVESTINMADRID
Madrid
Setting up a business in Madrid, Spain
The Madrid region, situated in the heart of Spain, is undeniably a strategic choice for businesses looking to set up operations. Whether for its dynamic economic environment, its well-developed transport network or its access to talent, Madrid offers a host of compelling reasons to attract businesses from all sectors. As Spain’s political and economic capital, the Madrid region is home to over 500,000 active businesses. With a GDP estimated at 19% of the Spanish economy, Madrid benefits from a consumer base of over 7 million residents with high purchasing power, making it an ideal location for business leaders wishing to launch or expand their operations.
A strategic geographical location for entrepreneurs
Ranked third in Europe in terms of purchasing power, Madrid is an ideal hub for accessing the Iberian, European and North African markets – representing a potential market of 1.3 billion people. Madrid also benefits from its strong ties with Latin America and easy access to the South American market, with numerous flights from Adolfo Suárez – Madrid-Barajas Airport. Spain is thus, after the United States, the largest investor in Latin America.
With first-class road and rail infrastructure, the Madrid region lies at the heart of a network connecting the entire Iberian Peninsula and the rest of Europe by land. Companies based in Madrid also benefit from the proximity of Spain’s largest airport for both freight and passenger transport.
Madrid also benefits from the advantages of Europe’s largest inland customs port, the dry port of Coslada, which facilitates the distribution of goods to the main seaports of the Iberian Peninsula.
Madrid: an economic and financial hub
As one of Europe’s leading destinations, Madrid offers entrepreneurs wishing to set up there a prime location close to numerous international decision-making centres and provides easy access to a network of first-class services and infrastructure.
Madrid stands out for its exceptional concentration of renowned multinational companies. A wide range of sectors, such as finance, technology, telecommunications, energy and many others, are represented in this dynamic metropolis. This diversity fosters an environment conducive to partnerships, networking and strategic collaborations, as well as to innovation for entrepreneurs, thanks to a competitive and stimulating business climate.
A true hub of economic attraction, the Madrid region benefits from a steady flow of investment, both domestic and foreign. This vitality fosters the growth of local businesses and the emergence of new entrepreneurial initiatives.
To encourage this momentum, the region has embarked on a process to streamline administrative procedures. Through a dedicated website, entrepreneurs and project leaders can ask questions directly or report administrative issues to the local authorities, thereby receiving swift solutions tailored to their specific challenges.
Talent and a skilled workforce for entrepreneurs setting up in Madrid
As well as being a dynamic economic hub, the Madrid region stands out for its skilled and versatile workforce, a major asset for entrepreneurs considering setting up in the area. This concentration of diverse talent from renowned schools and universities provides a favourable environment for business growth and the realisation of ambitious projects.
The Madrid region is home to a range of world-renowned higher education institutions, offering high-quality education in various fields. Universities, business schools and research institutes – such as the Universidad Complutense de Madrid (UCM), the Universidad Politécnica de Madrid (UPM), Instituto de Empresa (IE)… – attract both domestic and international students, thereby helping to create a diverse and skilled talent pool.
Innovation is also a key focus, with numerous partnerships being established each year with local entrepreneurs to collaborate on research projects, develop innovative solutions and gain access to the latest technological advances.
Madrid puts innovation in the spotlight
Ranked second in Europe for employment in the R&D and high-tech sectors, the Madrid region is home to numerous leading companies. The region thus benefits from eleven industrial clusters and six technology parks, as well as eight research institutes – including the Madrid Institute for Advanced Studies and ISCIII – in fields such as health, the humanities and social sciences, and more. The Madrid region also stands out for its dynamism, hosting numerous major events (trade fairs, exhibitions, conferences, etc.) and offering a wide range of spaces (fablabs, incubators, accelerators, etc.) dedicated to start-ups and innovative young businesses.
Living in Madrid means enjoying a unique living (and working) environment
As well as excellent investment opportunities, Madrid offers a unique quality of life for entrepreneurs and their staff. With a healthcare system and safety record among the highest in Europe, Madrid stands out as a destination of choice. A high-quality international education system, with numerous international schools and those teaching in English, helps to make Madrid a prime destination for multinational companies.
The sunshine, a cultural scene that ranks amongst the richest in the world, and a renowned culinary scene make the Madrid region a remarkable environment in which to settle and develop your business with complete peace of mind.
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Key sectors in this territory
The industries where the territory concentrates talent, research and established companies. Select a sector for the detail.
Logistics
Why set up your logistics business in Madrid?
A comprehensive transport network
Located in the heart of Spain, Madrid, the country’s capital, occupies a central and strategic geographical position.
Boasting road and rail infrastructure, the Madrid region lies at the heart of a network connecting the entire Iberian Peninsula and the rest of Europe by land. Businesses based in Madrid benefit from their proximity to Adolfo Suárez Madrid-Barajas International Airport, one of the largest in Europe, which facilitates connections to domestic and international destinations, thereby supporting efficient logistics operations.
Madrid can also rely on its customs port, which facilitates the distribution of goods to the main seaports of the Iberian Peninsula.
A region offering growth prospects for the logistics sector
As a pioneering sector, logistics and transport account for 10% of Spain’s GDP. Madrid is a leader in the field of high value-added logistics, accounting for over 80% of national turnover in this sector. This figure continues to grow with the arrival of new, innovative logistics companies seeking to boost their appeal.
Commercial property for logistics in Madrid
Madrid has allocated more than 250,000 m² of property specifically for logistics activities in the region. Indeed, to enable logistics companies to grow and benefit from an environment conducive to employment, a variety of business parks, plots of land, warehouses, buildings and logistics hubs are available across the region.
A skilled workforce for logistics professionals
The breadth and diversity of training programmes on offer in the Madrid region mean that logistics professionals can draw on a pool of qualified and experienced staff specialising in supply chain management, warehouse management, transport planning and other key aspects of logistics. This is a major advantage for establishing and developing your business in the logistics sector.
Logistics companies based in Madrid
Key figures
- 200,000: the number of direct and indirect jobs generated by the logistics sector in the Madrid region
- 8,000 companies operate in the logistics and supply chain management sector
- ¾ of Spain’s largest companies specialising in warehousing and distribution are based in Madrid
- ¼ of companies active in the courier and parcel delivery sectors have chosen Madrid as their base of operations.
They have chosen Madrid as the base for their logistics operations:
- AFERSA LOGISTICS.
- EHUBOO LOGÍSTICA Y FULFILLMENT.
- NORESTE LOGÍSTICA SL.
- LOGÍSTICA MOBELLIAL, S.L.
- LLÉVALO.
Digital / ICT
Madrid: A region conducive to the growth of ICT companies
The Madrid region is one of the leading technology hubs in Spain and Europe. The city is home to numerous leading ICT companies, innovative start-ups and renowned research centres. This concentration of resources makes the region a major hub for ICT.
Easy access to a highly skilled workforce for digital roles
The city of Madrid has a well-developed higher education system, comprising 19 universities, seven public and 12 private, producing around 40,000 graduates each year.
Furthermore, Madrid is home to some of the world’s most prestigious business schools:
- the Instituto de Empresa
- ESADE
- IESE
- the Business School
University graduates account for 50% of Madrid’s human capital, providing businesses with a skilled and qualified workforce.
Setting up in technology business parks
The Madrid region boasts a dynamic ecosystem of ICT start-ups. Areas such as the Madrid International Lab and the Madrid Startup District offer offices, co-working spaces, incubators and events for tech entrepreneurs. Investment in ICT start-ups continues to contribute to the growth of this ecosystem and the creation of spaces designed specifically for those in the sector.
Over 50,000 m² of office space has been available since the second quarter of 2023, catering for both fledgling start-ups and established companies in the digital sector.
Links to office listings
ICT companies based in Madrid
The region maintains this momentum by hosting numerous events each year, such as the South Summit, which brings together entrepreneurs, investors and ICT experts to share ideas and forge partnerships.
This vitality makes the Madrid region a major centre of attraction and an essential hub for the growth of businesses in the digital sector.
A significant proportion of ICT companies are now based in Madrid, within various technology parks or office spaces dedicated to the digital sector.
Key figures
13,020 active ICT companies in 2018
Turnover of around 106.343 billion euros in the ICT sector
Madrid ranks second amongst the regions creating the most technology-related jobs
236,000 jobs created in the digital sector
They have chosen Madrid as the location for their business:
- ASPY SYSTEM S.L.
- QUALITY OBJECTS S.L.
- OFICINA DE COOPERACION UNIVERSITARIA S.A.
- AUBAY SPAIN SA.
- WISEDAT.
- BUILD2 EDIFICA, S.A.
- ADVANCED MEDIALABS S.L.
- J J G S.L., Engineers and Specialised Professionals
Health & biotech
Why set up your ‘Health & Biotech’ business in Madrid?
A thriving cluster
The Madrid region is home to a major pharmaceutical and biotechnology cluster bringing together companies in the sector, research centres, universities and hospitals. This concentration of stakeholders creates an environment conducive to collaboration, innovation and knowledge-sharing.
The presence of numerous research and development facilities, including leading institutes, laboratories and research centres. The opportunity to collaborate with world-class researchers and gain access to state-of-the-art resources.
Commercial property for ‘Healthcare and Biotech’ companies in Madrid
Numerous technology parks and innovation zones have been specifically designed to accommodate companies in the healthcare and biotech sectors. These sites often feature modern facilities, laboratories and office spaces tailored to the R&D and innovation needs of the sector’s players.
At the same time, co-working spaces and business incubators have been developed to offer flexible solutions and a climate conducive to innovation for young entrepreneurs.
Madrid: a springboard for your business’s growth
As a gateway to the European and global markets, the Madrid region has made this sector a key focus of its development. The region invests heavily in research and development and offers numerous support programmes for businesses in the healthcare and biotechnology sectors: tax incentives, R&D grants, funding opportunities…
Finally, Madrid is home to many renowned universities, particularly in the scientific and medical fields. This ensures you can recruit talent well-suited to your company’s challenges!
Healthcare and Biotech Companies Based in Madrid
Key figures
- 80% of the world’s largest biomedical and pharmaceutical companies are based in Madrid
- 800 companies of all sizes operate in the healthcare and biotechnology sector
- 50,000 people are employed in the sector; they work across a wide range of fields, from production to marketing
- More than 25,000 students are enrolled on training programmes in the healthcare and biotechnology sectors
They have chosen Madrid as a base for their logistics operations:
- FAMAR,
- TEDEC-MELJi
- LILLY
- PFIZER
- GSK…
Aerospace
Why set up your aerospace business in Madrid?
Global Connectivity
As Spain’s capital, Madrid offers a central and strategic geographical location that supports the growing development of the aerospace industry.
Adolfo Suárez-Madrid Barajas Airport, the fifth-busiest in Europe in terms of passenger numbers (53 million in 2017), is a major hub connecting the EU and Latin America (25% of routes). With an annual capacity of up to 70 million passengers, it facilitates international trade and mobility.
A strategic springboard for the development of businesses in the aerospace sector
Playing a key role as a gateway to European and global aerospace markets, Madrid occupies a strategic position. This is largely due to its investment in research and development and the funding opportunities available to support this crucial sector.
Madrid provides invaluable support to this sector through its extensive infrastructure, including its airport network, specialised technology centres and renowned aerospace events.
Property Spaces Suitable for the Aerospace Sector
In Madrid, dynamic technology hubs have been established to stimulate the development of businesses in the aerospace sector.
These initiatives include Aerospace Innovation Parks, Research Centres and Technology Incubation Zones, offering aerospace professionals environments conducive to their growth in the region. Known as the Instituto Nacional de Técnica Aeroespacial (INTA), this is the public research body specialising in aerospace research and development in Madrid.
Madrid also offers other business premises such as warehouses, commercial premises and available land.
Recruitment potential in aerospace-related professions
Madrid is home to educational institutions such as recognised aviation and engineering colleges, which offer training programmes and accredited qualifications to young people wishing to pursue a career in the aerospace sector.
Notably:
- ETSIAE, Universidad Politécnica de Madrid
- IQS, Universitat Ramon Llull.
- Idep Barcelona
- Campus Stellae Instituto Europeo.
Madrid stands out as Spain’s leading region in terms of industrial turnover (over 65%) and job creation (over 42%). This economic vitality helps to create a favourable environment for the aerospace sector.
Aerospace companies based in Madrid
- AIRBUS OPERATIONS SL. Spain.
- ACATEC SL. Spain.
- COMPANIA ESPANOLA DE SISTEMAS AERONAUTICOS SA. Spain.
- AERLYPER SA. Spain.
- THALES ALENIA SPACE ESPANA SA. Spain.
Energy
Why set up your ‘ENR’ business in Madrid?
Renewable energy: a national priority
Spain, and by extension the Madrid region, are fully committed to the challenges of the energy transition. With genuine ambitions regarding its energy mix, the region aims to significantly reduce its carbon footprint by cutting greenhouse gas emissions and continuing to develop an ecosystem conducive to clean energy. Benefiting from abundant sunshine, which is ideal for photovoltaic solar energy production, Madrid has also worked hard in recent years to develop other renewable energy sources, such as biomass and geothermal energy, in order to create a rich and diverse ecosystem for entrepreneurs and innovative young business leaders.
Hubs for growth for businesses in the renewable energy sector in Madrid
The Madrid region is home to several clusters and centres of excellence in the energy sector, such as the Centre for Research into Energy, the Environment and Technology (CIEMAT), the Madrid Institute for Advanced Energy Studies (IMDEA Energía) and the Community of Madrid Energy Cluster (CECM), which brings together businesses, research centres and academic institutions with the aim of promoting collaboration and innovation in the energy sector.
At the same time, organisations such as Madrid Network promote cooperation between entrepreneurs and research centres in the energy sector, as well as in many other fields. As part of the European Eureka initiative, the Clean Energy cluster fosters synergies between the various stakeholders in Madrid’s renewable energy sector.
Madrid is training the professionals of tomorrow in the renewable energy sector
At the forefront of the renewable energy sector, the Madrid region can draw on a leading university network to support the development of entrepreneurs working in wind power, photovoltaics and energy storage.
Among the most renowned educational institutions in the field of renewable energy are:
- The Polytechnic University of Madrid (UPM), which offers research and teaching programmes in various fields related to renewable energy, such as solar engineering, wind energy and biomass…
- Carlos III University of Madrid, which focuses on research and engineering education, particularly in fields related to renewable energy.
Renewable energy companies based in Madrid
They have chosen Madrid as a base for their logistics operations:
- Iberdola,
- Acciona Energía
- Endesa
- Powertis…
Available sites with INVESTINMADRID
The TECNOALCALÁ Science and Technology Park in Madrid
To let – Coworking spaces at the Madrid International Lab
For sale – 3,548 m² of industrial land in the heart of the TECNOALCALÁ business park in Madrid
For sale – 3,548 m² of industrial land within the TECNOALCALÁ business park in Madrid
To let – Coworking spaces – Las Rozas Innova in Madrid
To let – Offices within the La Nave co-working space in Madrid, Spain
To let – 1,792 m² of offices in Tres Cantos, Madrid – Spain
To Let – Offices ranging from 665 to 2,900 m² in Tres Cantos, Madrid – Spain
To Let – 2,399 m² of offices in the Fuencarral district of Madrid – Spain
To let – Offices ranging from 850 to 1,139 m² in the Fuencarral district of Madrid – Spain
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