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Enrique de Hoyos - President of the Association of Young Entrepreneurs
01.08.14 - 12:20 -
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"Having your own business should be simpler and cheaper"
The president of Malaga's AJE, Enrique de Hoyos. :: M. CARMEN SÁNCHEZ
The manager of TD Sistemas, Enrique de Hoyos has recently taken up the position of president of Malaga’s Association of Young Entrepreneurs (Asociación de Jóvenes Empresarios, AJE) that is made up of 550 members. De Hoyos stresses the need for a better business environment with lower tax levels.
–You are an example of a young entrepreneur having created TD Sistemas aged just 22. Have you always been part of the AJE?
–The AJE has been my business school (laughs). I have done masters degrees, but within the association I have always found support in every field. It is important that they advise you and let you realise your main priorities in a good business environment where everyone speaks the same language. But above all, the association makes you feel supported, because sometimes business owners can feel very alone.
–What’s it like being an entrepreneur in Malaga today?
–It is still difficult in Malaga and Spain as a whole. The words entrepreneurship and enterprising are being used as slogans, but in reality we do not have an economic environment that favours business startups. We are still in the era of MS-DOS, the operating system that came before Windows.
–What are the main problems that young people are faced with when trying to create a new business?
-Bureaucratic obstacles. Although starting a business is simple, developing is not easy as a number of licences are needed. But the hardest part is the labour costs and tax rates. In the past year 4,600 new business were created in Malaga province. However, many of these will go bust within three years due to such high costs.
–Do you think that specific help is needed for entrepreneurs?
–What we are asking for is a more favourable business environment with lower costs for recruiting and generating employment as well as a reduction in tax rates. If this happens then the amount of failed business is bound to decrease.
–In September, the Entrepreneur Law will have been in force for two years. Has it been of any use?
–The law has fallen short. While it has launched some positive measures, it has failed to create an environment that helps businesses grow. There are vocational entrepreneurs as well as those who do it for a living. We all need the same thing: for running and owning a business to become simpler and cheaper.
–Is Malaga a good location to start a company?
–As a province we have a lot of potential. Malaga is very dynamic and innovative, there is an emerging knowledge-based economy that will grow in years to come. There has also been a recovery in the commercial sector. However, the future will be based on innovation and creativity as these both increase the value of products which is how the economy works.
–What objectives do you have for your four years in office?
–For the AJE to reach the whole province and for it to become the main source of help for any young person who has an idea and wants to turn it into reality.
–What do you expect of the public administration?
–I hope they make it easier for young people to start and build a business. I think entrepreneurship should also be encouraged by the lowering of taxes on employment and economic activity. This step has yet to be taken.

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