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Marbella starts a Business Angels Network to help local talent

The Business Angels Network was officially announced this week.
The Business Angels Network was officially announced this week. / SUR
  • The first agreement under the scheme has been signed with Les Roches, for its expertise in training in tourism and its commitment to the town

Marbella council has signed an agreement with Les Roches international hotel management school which will enable it to begin the Business Angels Network Marbella, an initiative which brings together talent and investment, especially in the sphere of technology and innovation.

The aim is to attract informal investors to the municipality to help talented young people to bring their business ideas to fruition "so that this talent stays in Marbella and isn't forced to go elsewhere," said the mayor, Ángeles Muñoz, at the official presentation.

The agreement was signed between the council and Les Roches CEO Carlos Díez de La Lastra at the Vivero de Empresas.

"It is a project in which both the person who has the idea and the person who helps them to develop it are winners," said Muñoz. "The protocol has taken time, but we are now ready to put it into effect. I am particularly grateful to Les Roches for being the first to subscribe to this agreement. We will now be expanding it to include other, equally important, Spanish and international foundations and companies," she said.

She explained that Marbella already has a number of young people who are very talented but who need this support because it is difficult for them to push ahead with their business projects without it. "They often have no business experience and therefore find it difficult to obtain financing," she said.

The idea is that the 'business angels' provide the money, and advice and training where needed.

Carlos Díez de la Lastra, of Les Roches, said, "We are always proud to collaborate with projects of this type, especially those designed by the council and our town. This project has come at a very important time, when innovation and development in new technologies are the way forward, especially in the recovery from Covid-19. The creation of this network is a good start in attracting talent and entrepreneurs to the town," he said.