The main private investment association for startups in Spain, BIGBAN Investors Spain, has entered the Canary Islands through Archipélago Next, the first Venture Capital management company based in the islands, as the Fund Manager of this company, Patricia Fraile, has joined the BIGBAN board of directors.
This is a leading association in the field of private investment in seed and early stage phases, with a consolidated track record since 2007. Its mission is to professionalize, connect, and strengthen the community of business angels and private equity players, facilitating co-investment and access to high-potential opportunities throughout the national territory
The arrival of BIGBAN in the Canary Islands is part of its "territorial expansion strategy, aimed at bringing investment closer to local ecosystems, fostering the generation of investment opportunities at the regional level, and facilitating the connection between Canary Islands entrepreneurs and national and international investor networks".
In this context, Archipiélago Next acts as a natural partner for this implementation. "As the first venture capital firm born in the Canary Islands, the company has worked in recent years to boost the archipelago's entrepreneurial ecosystem, connecting startups with established companies, private investors, and specialized funds," they explain from the association
The incorporation of Patricia Fraile to BIGBAN's board of directors reinforces this strategic alliance. From this dual role, "she is already contributing to driving the association's activity in the Canary Islands, fostering the participation of local investors, and facilitating connections with startups and agents of the regional ecosystem".
“The goal is to **bring private investment closer to the talent that exists in the Canary Islands** and create a more accessible environment for entrepreneurs and investors to meet, collaborate, and grow together. This region has projects, teams, and companies with enormous potential, and being part of BIGBAN allows us to connect them with a national network of co-investment and knowledge that can make a difference in their development,” explains Fraile.
The directive also highlights the importance of activating the role of local investors as key players in the ecosystem: "We want Canary Islands companies and professionals to see startup investment not only as a financial opportunity, but as a way to actively participate in the economic transformation of the islands".
Canary Islands thus joins the BIGBAN territorial network alongside other autonomous communities, in a model that emphasizes proximity, knowledge of the territory, and cooperation between public and private actors.
