GEM REPORT

Fundación LAB has participated in the GEM Report (Global Entrepreneurship Monitor) in the entrepreneurship section, thus helping to evaluate the entrepreneurial process in our society on an annual basis.

AVERAGE ASSESSMENT OF THE CONDITIONS
ENVIRONMENT FOR ENTREPRENEURSHIP

2020-2021

IN THE REGION OF VALENCIA

The graph below presents an assessment of the environmental conditions for entrepreneurship in the Region of Valencia in 2020.

At the bottom of the list we find school entrepreneurship education with a score of 3.58. What the data reflect is a good perception towards Physical and Commercial Infrastructures, but that more attention needs to be paid to School Entrepreneurship Education.

AVERAGE EVALUATION OF THE CONDITIONS OF THE ENVIRONMENT FOR ENTREPRENEURSHIP IN 2020 IN THE REGION OF VALENCIA

AT THE NATIONAL LEVEL

In terms of the national context, the Region of Valencia ranked third in the NECI (National Entrepreneurship Context Index) in 2020 with 5.0, behind Catalonia (5.2) and La Rioja (5.1). This index measures the conditions for entrepreneurship in various regions of Spain and highlights the Region of Valencia as a region with a nationally competitive entrepreneurial environment.

NATIONAL ENTREPRENEURSHIP CONTEXT INDEX (NECI) 2020 IN THE REGION OF VALENCIA AND THE REST OF SPAIN

Main areas in which experts make recommendations

Experts in the Region of Valencia identified the main areas for improving the entrepreneurial environment.
Las recomendaciones se centran en aumentar los programas de apoyo público y The recommendations focus on increasing public and financial support programmes to strengthen entrepreneurial activity in the region.

MAIN AREAS IN WHICH THE EXPERTS FRAMED THEIR RECOMMENDATIONS

Multi-response table where each person mentions up to 3 topics (% of total responses).

AVERAGE ASSESSMENT OF THE CONDITIONS
ENVIRONMENT FOR ENTREPRENEURSHIP

2021-2022

IN THE REGION OF VALENCIA

In 2021, the assessment of the entrepreneurial environment conditions in the Region of Valencia presented the following key points:

School entrepreneurship education is again at the bottom of the list with 3.2, indicating a continued need for improvement in this aspect.

AVERAGE ASSESSMENT OF ENTREPRENEURIAL ENVIRONMENT CONDITIONS IN 2021 IN THE REGION OF VALENCIA

AT THE NATIONAL LAVEL

In 2021, the Region of Valencia ranked eighth in the NECI (National Entrepreneurship Context Index) with 4.8. The Basque Country led with 5.7, and the Canary Islands came last with 4.3.

This change in position reflects variations in entrepreneurial environment conditions over the year.

NATIONAL ENTREPRENEURSHIP CONTEXT INDEX (NECI) 2021 IN THE REGION OF VALENCIA AND THE REST OF SPAIN

THE IMPACT OF THE PANDEMIC IN 2021

The perceived impact of the pandemic on different aspects in 2021 is reflected in the promotion of telework, which tops the list with 7.2.

Sufficient government support closes the list with 4.5, highlighting areas where deficiencies are still perceived such as specific subsidies, tax benefits or training for digitalisation.

AVERAGE ASSESSMENT OF THE ENVIRONMENTAL CONDITIONS FOR ENTREPRENEURSHIP IN 2021 IN THE REGION OF VALENCIA

AVERAGE ASSESSMENT OF THE CONDITIONS
ENVIRONMENT FOR ENTREPRENEURSHIP

2022-2023

IN THE REGION OF VALENCIA

For 2022, public support programmes were identified as the most important area with 25.0%.

Access to physical infrastructure and the opening up of the domestic market, both with 2.8%, were the least important areas.

MAIN AREAS OF THE ENVIRONMENT THAT PROVIDE SUPPORT FOR ENTREPRENEURIAL ACTIVITY IN THE REGION OF VALENCIA AND THE PERCENTAGE CITING EACH AREA (IMPORTANCE)

Public support programmes have an importance of 33.3%. The table closes with the opening of the domestic market, with 2.8%.

NATIONAL ENTREPRENEURSHIP CONTEXT INDEX (NECI) 2020 IN THE REGION OF VALENCIA AND THE REST OF SPAIN

This section provides a very clear view of the conditions for entrepreneurship in the Region of Valencia and the recommendations of experts to favour entrepreneurs.