In Horizon 2020 there is a dedicated SME instrument targeting all types of innovative SMEs showing a strong ambition to develop, grow and internationalise. This instrument will apply to all types of innovation, including non-technological and service innovations.
Axon Partners €10M Fund for Andalusian Startups
Axon Partners Group, an international investment firm, has launched a new fund to invest in early stage Spanish companies in the digital economy sector in Andalusia. The ICT II Fund has approximately €10 million in assets from private investors and the JEREMIE (European Investment Fund) initiative in Andalusia managed by the Innovation and Development Agency of Andalusia (IDEA), a body attached to the Regional Ministry of Economy, Innovation, Science and Employment.
SPRI - Publicly Sponsored Financing
As in other autonomous communities, the Basque Country has been offering a guarantee by the administrations so that SMEs can access financing from financial institutions, thus improving their chances of success. The presentation is not simple and requires a good dialogue with the bank and experience in the specific line.

Corporate moves 2013 in the ICT sector in Spain
According to Capital&corporate data, during 2013 a total of 90 corporate transactions were carried out in the Spanish ICT sector with a total of €406M invested. The purchase of Arsys' 79% by 1&1 for €140M and the purchase of softonic International's 30% by Partners group stand out for their size.
Wearable technology, driven by venture capital in 2013
Wearable technology raised $248M in venture capital funding in 2013, in a total of 49 deals. The number of rounds for wearable technology startups increased by 150% and the volume of investment by 80%.
Venture capital drives language learning apps
Among the companies for learning languages through apps, 5 stand out as having received several rounds of funding and topping the app store charts.
Venture capital sees cybersecurity as a source of opportunity
Since 2009 to date venture capital has invested $2.9B in Tics security and so far this year 26 rounds have been closed raising a total of $150M. The need for security has increased early stage rounds. In the first four months of 2013 16 seed capital companies raised $4.9M.

Mergers and Acquisitions Latin America Market February 2014
The number of transactions in Latin America has fallen slightly compared to the previous month, however, the volume of investment has increased as a number of large deals have been closed, especially cross-border transactions.
Resounding success of the Barcelona World Congress
Last week's Mobile World Congress in Barcelona was attended by more than 85,000 people from 201 different countries and attracted executives from the world's largest telephone operators, software, equipment suppliers, internet companies and industrial sectors such as automotive, finance and health, including Zuckerberg from Facebook, Korum from whatsapp and Rometty from IBM.

The Impact of CDTI Financing on SMEs
The CDTI has recently published a study on the impact of its funding on the evolution of Spanish companies. The results have been very good: these companies have achieved 17% of their sales coming from the new technological developments financed.

MERGERS AND ACQUISITIONS SPAIN JANUARY 2014
January has seen the highest volume of M&A investment, surpassing its last monthly peak in July 2013.
Corporate investors launch startup accelerators
In recent years, the number of companies investing in technology-based startups has grown considerably. The main reason for this phenomenon is that companies are moving to an open innovation model, seeking innovation through new acquisitions.