Entrepreneurship & Startups
22 Feb 2024
The bank is sponsoring the fifth edition of the Energy Tech Summit, which will be held in Bilbao for the first time on April 10th and 11th, 2024.
11 Jan 2024
BBVA Spark, the bank for high-growth companies, has arranged a €15 million 'Venture Debt' facility for Cabify, the Spanish mobility company, which was launched 12 years ago in Madrid and became Spain's first unicorn in 2018. The proceeds will go toward fast-tracking the execution of Cabify's strategic plan, which focuses on boosting sustainable and affordable urban mobility.
21 Dec 2023
Entrepreneurs with promising business ideas in data, cyber security, payment systems or sustainability may now seek support under the Garanti BBVA Partners Tech Program (https://www.garantibbvapartners.com), with applications to be received by January 31, 2024.
19 Oct 2023
Garanti BBVA and the Women Entrepreneurs Association of Türkiye (KAGIDER) commemorated the 100th anniversary of the Republic of Türkiye at the Women Entrepreneurs of the Year Summit.
14 Sep 2023
BBVA Spark is the financial ally of high-impact companies and the partner of reference for the entire ecosystem of entrepreneurs. This unit, already present in Mexico, Spain and Colombia, will expand to the rest of the South American countries.
31 Aug 2023
This pioneering initiative by Garanti BBVA will see this year a new category, ‘Women’s Cooperative of Türkiye’, aiming to recognize women’s efforts through cooperatives. Candidates may apply by filling out the form at www.garantibbvakadingirisimci.com until November 15, 2023.
15 Jun 2023
BBVA Chair Carlos Torres Vila concluded the sixth edition of BBVA Open Summit, the annual entrepreneurship event, recalling the bank’s commitment to innovation. “BBVA has 600 million committed to various venture capital funds. The recent focus of these investments is on driving decarbonization and the development of innovative entrepreneurship in our main markets. Both areas make strategic sense for BBVA, to incorporate new knowledge into the Group and to support the companies we want to be our customers,” said Torres Vila at the closing of the event.
29 May 2023
All ventures are born from a clever idea, but not all new ideas end up becoming new companies. In addition to creativity, in order to materialize a business idea, it is essential to obtain financing, visibility and investors. Startup incubators are entities that offer entrepreneurs guidance, training and resources to materialize their project.
03 May 2023
The European Investment Fund (EIF) and BBVA are set to make it easier for startups with innovative and sustainable value propositions to get access to financing. The two institutions have concluded an agreement under the InvestEU guarantee programme whereby the EIF will grant a €200 million guarantee to enable BBVA Spark (BBVA’s specialised startup initiative) to strengthen its support for startups, helping them with their expansion plans.
27 Jan 2023
BBVA Spark, the new unit that caters to the entrepreneurial ecosystem, has widened the scope of its activities by welcoming a new member to its ranks: BBVA Open Innovation, an end-to-end value proposition encompassing financial products, connection to innovation hubs and access to leading investors.
08 Nov 2022
From the former headquarters of BBVA in Bilbao, the B Accelerator Tower entrepreneurship centre serves as a meeting point for financial institutions, entrepreneurs and investors. A space for conceiving the services and solutions of the future that does not forget its past: the walls of the Torre Bizkaia bear witness to the innovation of the last few decades.
18 Oct 2022
The BBVA Turkish unit will offer the first online training session for the Women Entrepreneurs Academy of Türkiye, in collaboration with Boğaziçi University Lifelong Education Center (BÜYEM).
11 Oct 2022
Several innovation hubs across Latin America paint a picture of a bubbling but unevenly distributed entrepreneurial landscape: Brazil's biggest city accumulates a growing number of unicorns, while Lima is trying to carve out a niche for itself. With sectors such as fintech and e-commerce leading innovation and growing support from investors, Latin America is putting on a strong show on the international stage.
08 Aug 2022
Anxiety, stress or fatigue are some of the problems that startup creators often face. Summer can be a good time to focus on how important it is to protect your emotional wellbeing and strike a balance before getting back to the routine. Learning to manage failure, knowing how to delegate and enjoying time to disconnect are some of the things that experts recommend for taking care of mental health.
12 Jul 2022
BBVA recently presented BBVA Spark, its full financial services proposition for innovative, high growth companies in their different stages of growth. Spark provides these companies with all their financial needs within the same place, and gives them access to sophisticated financing products, such as venture debt and growth loans. To do so, BBVA Spark will offer them a unique relationship management model with a team of experts who speak their language.
13 Jun 2022
During the closing day of South Summit, BBVA revealed that it is preparing a complete range of financial services adapted to the different stages of growth of startups and scaleups. “We want to be the bank for high-growth companies and finance them,” said Roberto Albaladejo, Head of Banking for Growth Companies, who added that there is a “great opportunity” to help them and build “long-term relationships” with them.
09 Jun 2022
Garanti BBVA is supporting an important space for women entrepreneurs in Türkiye. The bank is joining forces with the Women in Trade Platform, which was launched by KAGİDER (Women Entrepreneurs Association of Türkiye), to support women entrepreneurs who contribute to the development of the Turkish economy.
08 Jun 2022
At the South Summit, BBVA presents the BBVA Virtual Space, an immersive environment with which the bank wants to explore new ways of interacting with customers through the metaverse. This development, which allows experimenting how a banking service based on virtual reality could be, is also the protagonist of a 'hackathon' in which people are invited to offer new features or virtual experiences.
20 Apr 2022
BBVA will invest a total of 15 million euros in Leadwind, a venture capital fund managed by K Fund. In this first phase, the fund will raise 140 million euros to support technology companies in Spain, Portugal and Latin America.
11 Apr 2022
Truora has raised $15 million in a series A funding round led by Propel, the fund that manages BBVA’s fintech investments, and Acel - one of the main investors in technology and the Internet. This new injection of capital will allow Truora to reinforce its expansion in Mexico with its solution to verify users through WhatsApp.
08 Mar 2022
Garanti BBVA in collaboration with Ekonomist magazine and the Turkish Association of Female Entrepreneurs (KAGİDER) recently celebrated the 15th edition of the Women Entrepreneur Competition. During the awards ceremony on March 3rd, the winners of the four leading categories were announced.
14 Feb 2022
Promoting open banking with APIs, retaining digital customers with artificial intelligence and enhancing traceability in logistics with blockchain are the technological solutions devised by five startups that have run pilots with BBVA Open Innovation. Now they are identifying their next steps to tackle the challenges ahead.
22 Dec 2021
The Spanish entrepreneurial ecosystem has grown and matured this year, with the fintech sector leading the way and a considerable boost from investors. While Madrid and Barcelona continue to dominate the national landscape, the Basque Country, Valencia and Malaga have increasingly prominent roles to play, and regions like the Canary Islands and Galicia are working hard to make a name for themselves. A tour of these areas shows the wealth of opportunities for innovation and the diversity of sectors.
07 Dec 2021
On the occasion of his visit to Peru and Colombia, BBVA's Chair took the opportunity to learn firsthand about the impact of the BBVA Microfinance Foundation’s efforts and to announce the winners of the 'Transformando Realidades (Transforming Realities)' scholarships, which help children of vulnerable microentrepreneurs pursue a college degree. "Meeting these entrepreneurs face to face is a life lesson," said Carlos Torres Vila, who recalled the Microfinance Foundation’s pledge to originate €7 billion in productive microcredits between 2021 and 2024 to support vulnerable entrepreneurs.
29 Nov 2021
Garanti BBVA and Hepsiburada, two representatives of the banking and e-commerce sector in Turkey, are collaborating to strengthen the power of Turkey's female entrepreneurs. An alliance that marks the first e-commerce platform that supports female entrepreneurship with projects such as Garanti BBVA and The Technology Power program for Entrepreneurial Women, which has been leading efforts to empower female entrepreneurs for 15 years.
24 Nov 2021
Garanti BBVA joins Ecording to plant 100,000 seeds for female entrepreneurs and raise awareness of the importance of their work.
16 Nov 2021
Greenspark’s technological solutions allow large companies and SMEs to offset their environmental impact by integrating into their websites services to plant trees for each order received, or clean up ocean plastic for each new subscriber to their newsletter. BBVA Anthemis Venture Partnership leads the first round of financing for this British startup.
29 Oct 2021
26 Oct 2021
BBVA and 500 Global have signed an agreement for 500 Global to develop an Intelligence Platform that would support BBVA’s ability to identify new startups, technologies and emerging trends with the potential to impact the future of the most innovative industries, and by extension, the finance sector. The new BBVA-500 Intelligence Platform will attempt to promote new collaborations and pilot projects between startups and the bank.
13 Oct 2021
La Linterna, the radio program directed by the renowned journalist Ángel Expósito, has been switched on from the headquarters of Bancamía, the BBVA Microfinance Foundation's entity in Colombia. The objective: to shed light on the reality of the most vulnerable populations in Latin America - those exposed to inequality, which, far from improving, has increased as a result of the pandemic.