According to ASCRI , in Spain, some 3,530 companies are currently owned by Venture Capitalof which 91 % are SMEs. SMEs account for 991 Tbp3T of European enterprises and provide 2 out of 3 jobs in the private sector.
At present, given the low growth expectations in local European markets, Spanish SMEs are orienting their growth actions towards foreign markets. Risk capital or the different non-bank financing alternatives should be an ally to facilitate this process.
AvanzaA Global BPO Company, is a Spanish multinational specialised in the outsourcing of services and processes, including the management of contact centres, administrative, logistical, data collection, auxiliary and commercial processes, always with the objective of obtaining an improvement in efficiency and costs for the client company.
Headquartered in Madrid, it has ten offices in Spain and a presence in Portugal, Argentina, Uruguay, Paraguay, Brazil, Colombia, Mexico, Peru and Miami. It is precisely in Latin America where the company's growth is focused, replicating the business model developed in Spain.
Aterga is a company whose competitive positioning is based on providing the main construction groups with highly innovative technical means that allow the construction of large concrete infrastructures applied to viaducts and tunnels with a significant reduction in time and costs. Its growth in the coming years is based on the continued implementation of these activities outside Spain, following its current customer base.
In conclusion, the SME should not miss the opportunity to seek alternative sources of financing such as the private equity.
In addition to traditional options, such as bank loans, SMEs should consider partnering with alternative sources, such as venture capital. Venture capital offers the possibility of raising funds in exchange for an equity stake in the company. To take advantage of this opportunity, SMEs need to prepare themselves adequately.
This involves developing a convincing international growth plan that demonstrates the company's potential. In addition, it is essential to have a skilled and professional team that can execute the plan effectively. By taking these steps, SMEs can strengthen their financial position and open up new opportunities for their business development.
_ Diego Gutiérrez Zarza (Linkedin)