The case of Madrid Innovation Drive Ecosystem

Date: 

Tuesday, March 6, 2018, 12:30pm to 1:30pm

Location: 

RCC Conference Room, 26 Trowbridge St., Cambridge MA

As a result of the participation of the Madrid region in the MIT REAP program (Regional Entrepreneurship Acceleration Program), the MIDE platform (Madrid Innovation Drive Ecosystem) has been created, as an independent, open and non-profit initiative that aims to promote collaboration between the different agents of the ecosystem in order to promote innovative-based entrepreneurship in the region of Madrid. MIDE was born after more than a year of work by representatives of the five stakeholders: Entrepreneurs (Tetuan Valley), Venture Capital (Unlimitech and Alcrocon e-city), Corporations (Pascual, Ferrovial and IBM), Universities (Technical University of Madrid) and Government (Region of Madrid), with the support of faculty and experts from MIT. During this time, an analysis of the Madrid ecosystem has been carried out, where some of the key elements of the region have been identified, such as its strategic position and its great infrastructural development, the quality of its technical talent as well as its business formation, the potential derived from the fact that two thirds of the large Spanish companies have their headquarters in Madrid, and the excellent quality of life in the city. However, Madrid is not without challenges, basically focused on getting the potential of its assets to a necessary collaboration between agents to achieve a real impact.

 

Speakers: Ángel Agudo-Peregrina, RCC Fellow, Visiting Researcher at Harvard T.H. Chan School of Public Health at Harvard University; Julio Lumbreras, Visiting Scholar at Harvard's Mossavar-Rahmani Center for Business and Government at Harvard's Kennedy School of Government

Chair: José Manuel Martínez Sierra, RCC Director, Jean Monnet ad Personam Professor in EU Law and Government, Co-Chair, EU Law and Government, Co-Chair, Southern Europe in the EU, CES, Harvard University