The main players in the digital economy and innovative entrepreneurship present a joint response to the future Startups Act

On the occasion of the draft bill to promote the startup ecosystem, Adigital, the Spanish Startup Association, Startup Valencia, Ascri (Spanish Association of Capital, Growth and Investment), Tech Barcelona, Spain Startup, Foment del Treball and AseBio (Spanish Association of Biocompanies) have presented a joint proposal to improve this new regulatory framework, which aims to support the creation and growth of startups, especially in the digital economy, and make Spain a magnet for startups.Finally, the joint document also welcomes the fact that the draft bill's Title IV supports the implementation of controlled test environments or regulatory sandboxes as an ideal instrument for experimenting with new business models, generating real and timely information that will facilitate the legislator's work in the future. In relation to test environments, they request greater specificity in the text in order to establish their regulation as soon as possible and a specific timeframe for their implementation, as well as harmonisation at national level.