Venture Capital Industry in Canary Islands

Hello! I'm an investment management student currently writing a project "Strategies for Building Venture Capital Industry in Canary Islands". I chose you as an expert and I want to find out your opinion about Canary Islands potential for Venture Capital Industry. This data will only be used for the purpose of this research. Your profile details are needed in order to identify your competency. It consists of 15 open questions. Your opinion is very important and it will give a big contribution to my study (to a brighter future of Canary Islands as well:) Thank you for your time!
Questionnaire results are publicly available

1. Profile: Name and Surname

I will quote your opinion in my study, that’s why I need your background

1.1. Describe your current occupation (company, position held, main activities)

1.2. Your education (qualification awarded, university)

2. Evaluation of Canary Islands: What are the main advantages of Canary Islands in order to build Venture Capital Industry*?

*Venture capital is a capital needed for the launch, early development and expansion of mostly high-tech companies with profit expectations.

2.1. What are the main problems and disadvantages that trouble the development of Venture Capital Industry in Canary Islands?

2.2. What are the political efforts to develop investment culture and Venture Capital industry in Canary Islands?

2.3. State, in your opinion, the main important tools of Special tax regime (REF) in Canary Islands that can stimulate the development of Venture Capital Industry?

That can be benefits of ZEC (Special Zone), RIC (Reserve for investments), IGIC (General Indirect Canary Islands tax), Free trade areas, fiscal deductions on R+D+I activities etc.

2.4. Why don’t the entrepreneurs take advantage of RIC*? What are the problems of low investment culture here in Canaries?

*Preliminary data of 2006 shows that it was 6 billion euros in RIC that “were waiting” for the opportunities to invest. While in 2010 it is predicted it is 2 billion euros disposable in RIC.

2.5. What are the social issues that don’t let to take advantage of RIC and influence low culture of investment?

2.6. In your opinion, from which areas of investments RIC can benefit most? To which areas money should be invested?

2.7. How do you evaluate the technological potential of Canary Islands?

2.8. Do you think Canary Islands have enough human resources (experts) in high technology sector? Do the universities give them enough knowledge?

3. Venture Capital Industry in Canary Islands: In your opinion what do Canary Islands need in order to build Venture Capital Industry here?

3.1. How to stimulate investment culture here?

3.2. State your opinion, how to generate high technology projects, innovative business ideas here in Canary Islands?