Novobrief is an English language news publication covering the Spanish startup ecosystem.
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Investments into Spanish startups by business angels are up 44 percent over last year in terms of euros.
Some in the startup community believe the Prime Minister's recent announcement about a new legal framework for startups is little more than a publicity stunt.
The number of female entrepreneurs is growing, but the typical Spanish founder is a 35-year-old male.
A risk-averse culture and lack of access to funds are among the factors holding back new businesses in Spain.