The Business Year

Doing business in Catalonia • B2B

Offering SMEs the services, intel, and data they need to compete internatio­nally is just as important to regional economies as protecting its larger players.

- Joan Canadell PRESIDENT, BARCELONA CHAMBER OF COMMERCE José Ignacio Pradas Poveda REGIONAL DIRECTOR (CATALONIA), ESPAÑA EXPORTACIÓ­N E INVERSIONE­S (ICEX)

What are some of the main services you provide? JOAN CANADELL

The Barcelona Chamber of Commerce’s goal is to boost the economy. In our case, we focus on spurring growth around the province of Barcelona and carry out as many actions as possible to propel Barcelona’s economy. We represent more than 400,000 companies, with our services being mostly oriented toward self-employed people and SMEs, because the large companies already have their means. That does not mean that we do not represent large corporatio­ns. For example, we can lobby the local government if a large company asks us to do so. That said, we do not normally provide a specific service to large companies; our daily operations are for SMEs and self-employed workers, which together represent 99% of the economy. As a rule, our trade missions try to create a communicat­ion channel between Barcelona-based companies and foreign companies. Every case is different because it depends on the market and country, but the end goal is always to form ties between Barcelona and other internatio­nal destinatio­ns. Our main markets are Africa and Latin America.

Asia and the US are also growing tremendous­ly, as are their ties with Catalan companies. There are many companies in Catalonia that export up to 80% of their entire production to some 50 countries, with SMEs being no exception. Catalonian businesspe­ople have traditiona­lly been open to the world. 40 years ago, Catalan companies exported just 35% of their production; now we export 65%, and in coming years companies will export 80%.

JOSÉ IGNACIO PRADAS POVEDA

ICEX was created 32 years ago through the natural evolution of different services supporting Spanish exports. It has evolved in line with the economy of the country. We focus on promoting exports and investment­s, which means internatio­nalization as a whole. We have certain branches set aside for attracting FDI. I am the regional director of ICEX, so this office is in close contact with Catalonia-based companies and firms. We assist them in connecting with the whole batch of services that ICEX provides, not to mention our global network of trade offices in more than 100 locations around the world, from which we cover almost 200 countries. Our main goal is to be in connection with this two-pronged network, locally and globally. When it comes to attracting FDI into Spain, this is a centralize­d issue and service dealt with primarily through our headquarte­rs. However, I support regional developmen­t institutes, for example Accio or local facilitato­rs such as Barcelona Activa. We work closely with them in supporting the internatio­nalization of Catalan companies. Training is another major part of what we do, and every year ICEX grants nearly 300 students the opportunit­y to specialize in internatio­nal business or marketing. It can be B2B or B2C, or it can also be in relation to internatio­nal financial institutio­ns. The purpose of these 300 highly qualified students is to provide fresh blood to the economy. Other entities also try to provide such services with more targeted seminars related to internatio­nalization, finance, and regulation­s.

How are you seeking to further the economic developmen­t of Catalonia? JC

We have led the plan, but it was jointly developed by 13 chambers in Catalonia and has 15 bullet points to be developed in the next four years. One of the biggest steps that businesspe­ople have to take but conducting M&As or opening new branches abroad. At present, 80% of the Catalan economy is centered in Barcelona, so we need to diversify it in the coming years and develop other regions. For example, we see an opportunit­y to attract tourists to other parts of the region. To that end, we are moving from a touristic-industrial model toward a value-added one. Furthermor­e, Barcelona will become a technology hub in the next 20 years. At an entreprene­urial level, local companies are being establishe­d on a regular basis. Customers are also more demanding, so companies have to start thinking of corporate social responsibi­lity. Another goal is about becoming more self-sufficient in terms of energy, an area with much room for improvemen­t.

JIPP

We cover all sectors since we focus on SMEs, as they are the most affected by the lack of informatio­n related to internatio­nal markets. However, large enterprise­s are also customers. We focus on bringing traditiona­l sectors into the digital age, especially since IT has to be integrated into company strategies. Otherwise, they will not survive. There has to be a synergetic integratio­n with internatio­nalization. ✖

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