Banco Sabadell, through its business unit specialised in startups and scaleups, BStartup, has been collaborating with South Summit since its first edition. South Summit is the global innovation event that connects startups, investors and corporations and takes place in Madrid from today until 10 June.
Carlos Ventura, General Manager at Banco Sabadell, notes: “Our goal is to be the leading financial partner for startups and scaleups in Spain by providing them with tailored banking products and investment capital. And he also adds: “In addition, we are very interested in the focus that South Summit has this year in terms of the complexity of current times and especially the need for sustainability and its associated opportunities. At Banco Sabadell, we are firmly committed to contributing to sustainable development and to combatting climate change. We accompany our customers in the transition towards a sustainable economy and support projects that promote the green transition”.
Since its inception in 2013, the purpose of Banco Sabadell's BStartup has always been to provide startups and scaleups with banking products and services tailored to their needs, which are very different from traditional companies. The Bank now has more than 4,200 of these companies as its customers. It also offers equity investment and it is one of the main investors in Spain in early-stage tech companies with a strong growth potential and scalable and innovative business models from very different sectors. It currently has a total of 66 companies in its portfolio. 40% of the 78 investments the Institution has made since 2014 have materialised in social-impact companies and, in fact, BStartup has two specific application processes for proposals in key sectors in this area: health through BStartup Health, which this year celebrates its fifth edition, and the green transition through BStartup Green, which launched its first edition in 2021.
BStartup has been supporting South Summit, which this year turns 10, as a Global Partner since the beginning. This year, it will participate in two panels:
How to improve the profitability and efficiency of your e-commerce business
(Wed 8 - 11.40 a.m.)
The day will feature a panel organised by Banco Sabadell’s BStartup in which advice to improve the profitability and efficiency of e-commerce businesses will be discussed. We are Knitters and Incapto Coffee, two Spanish leading e-commerce businesses, and two big players such as Google Customer Solutions and PayComet, Banco Sabadell’s payment platform for digital businesses, will share their winning strategies and give tips and advice on how to improve the efficiency of e-commerce companies.
10 years of startup success stories (Thu 9 - 12.35 p.m.)
Coinciding with the ten-year anniversary of South Summit, Banco Sabadell’s BStartup wanted to bring together three startups that were also created around 10 years ago and which today are excellent examples of big companies in the Spanish startup ecosystem. Hosted by Yolanda Pérez, BStartup Director, Felipe Navío, co-founder and co-CEO at Job&Talent, one of the so-called Spanish unicorns, Laura Urquizu, CEO and President of RedPoints, one of the main SaaS in Spain, and Xavier Pladellorens, co-founder and CEO at Deporvillage, the specialised e-commerce platform of which JD Sports (a UK listed company) acquired 80% last year, will share their stories and the strategies that led them to where they are.
In this edition, BStartup will be supported by investees such as some of the latest additions to the portfolio: Amphora, Napptive, OffUgo, Trustiu, Incapto Coffee and the three startups selected in the first edition of BStartup Green: Bia Power, MOA Foodtech and Incapto Coffee.