The Madrid Urbantech Hub was created with the aim of consolidating the leading position of the city of Madrid in urban solutions at an international level. It encompasses sectors such as construction, energy, mobility, sustainability, smart cities, among others. The project has the support of both the public sector, with the City Council, and large corporations such as FCC, Sacyr, ACS, Tecnalia, Roca, Cemex, Ferrovial, among others. For David Garcia Nuñez, President of MWCC ‘this project is the achievement of the multiple economic, social and strategic goals for which MWCC was born. Madrid Urban Tech Hub will position Madrid as a world reference in urban solutions, not only for its capacity and leadership but also for the public-private ecosystem created’.

This initiative will have a business accelerator for companies with a very practical approach and focused on generating impact and employment. This accelerator will complement the Madrid City Council's existing acceleration programmes and will help Madrid and Spanish startups to consolidate their position in the international market.
The Madrid Urbantech hub, which will be launched during the first quarter of 2025, will be a meeting point for all the agents of the ecosystem where large corporations will play a very important role in the launch and definition of challenges as well as in the integration of technologies and use cases of the participating startups and in the development of proofs of concept. For Borja Aznar, Managing Director of Plug and Play Spain, ¨This project represents a fantastic opportunity for Madrid, and for Spain. Madrid Urban Tech Hub will consolidate the city as a global benchmark in urban solutions, and this public-private collaboration format that supports it is something that Plug and Play has been promoting and leading on a large scale with almost 70 programmes of this nature internationally.¨

About MWCC
MWCC is an entity promoted by the City of Madrid and the Community of Madrid, made up of 189 public and private companies from multiple sectors. An entity that has been in existence for four years and whose objectives are the positioning of the city brand, the attraction of international investment and the strategic positioning of the city and region as an international benchmark in urban solutions.

About Plug and Play
Plug and Play is the leading innovation platform connecting startups, corporations, venture capital firms, universities and government agencies. Headquartered in Silicon Valley, it is present in more than 60 locations on 5 continents. It offers corporate innovation programmes and helps its corporate partners at every stage of the innovation process, from training to project execution. It also organises startup accelerator programmes and has created an internal venture capital fund to drive innovation across multiple industries. Plug and Play has invested in hundreds of successful companies, including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal and Rappi.

In Spain it has offices in Madrid, Barcelona and Valencia, where it has its second largest office after Silicon Valley. For more information, visit https://www.plugandplaytechcenter.com/.

Press contact:
press@pnptc.com