
Tetuan Valley was started by 3 entrepreneurs in 2009 to fill the void of the lack of a tech entrepreneurship scene within Spain. They noticed that although they were surrounded by extremely talented individuals with brilliant start-up ideas, there wasn’t really an existing institution to foster their development. The idea was to connect these individuals within a single network & create an environment of collaboration.

Accelerating business idea one session at a time
One thing I learned through my own research on entrepreneurship in Spain is that entrepreneurs often do not have enough to go off when it comes to starting a business. Most of this can be credited to the culture’s high uncertainty avoidance. Entrepreneurs may not know many people who are pursuing their same goals as the culture, historically, has not been very entrepreneurial. The Tetuan Valley startup school must’ve caught on to this as their 6-week pre-accelerator program was designed for this exact reason; to give entrepreneurs the tools/lessons they need to be successful. The start-up school recruits tech-based entrepreneurs at the very early stages of their project & from there gets them thinking about potential users, clients, and the like. The six-week session is broken up into different programs where entrepreneurs are coached on effective presentations, product development, legal/finances & investment. They then get the chance to practice their pitch, perfect their code, launch their prototype & demo their product.

Individualized mentorship for start-up success
The school is very engaged within the business community & provide start-ups with mentors who can coach them individually on their business specific goals. For example, during the hackathon session of the program, the teams are paired with tech mentors who coach them through 48 intense hours of coding to help develop their prototype & user functionalities.
Furthermore, in recent years Tetuan Valley has piloted its Design Sprint School which utilizes an agile design methodology to design, prototype & test product ideas over the course of 3 weeks. The entrepreneurs are paired with mentors who are experts in agile design to compress the business timeline from months to a matter of weeks. The idea is to bypass waiting & debating whether to launch a potentially failed product & instead just create a prototype that you can collect data from & have a clear understanding of what your final product is.
Mentors are also individuals that come from a variety of industries from finance, legal, academic, as well as Tetuan Valley alumni. Finance & venture capital mentors can help the entrepreneurs plan out their financing needs & begin initial finance sourcing.

Creating a community beyond local entrepreneurs
Tetuan Valley is proud of their large and growing alumni network (500+) and cite it as their strongest attribute. The community consists of 67 mentors, former incubators as well as collaborators at other European accelerators. Since its inception in 2009, the accelerator has graduated 290 startup teams and has expanded its presence to over 20 countries. Over the short period since its founding Tetuan Valley has been the much-needed spark within the Spanish startup landscape and have been successful at fostering a similar mindset throughout the globe.
Questions for site visit:
- What does TV do to help entrepreneurs access funding?
- How has the Spanish entrepreneurial landscape changed over the past 5 years or so?
- Is it more unique for entrepreneurs in Spain to start their business in an accelerator such as TV or is it more unique to launch on their own?
- Where do you see entrepreneurship in Spain over the next decade or so? Does it have the potential to catch up to European cities such as London, Berlin etc. in terms of startup volume?
- What was your biggest challenge initially? How did you overcome it? & what will be the biggest challenge for Tetuan valley moving forward?


























