BLUSPECS INNOVATION SL

Their core work

Bluspecs Innovation is a Madrid-based SME that supports startup ecosystems and entrepreneurship acceleration across Europe. They help connect web and IoT entrepreneurs with incubators, accelerators, and investment networks. Their work spans designing support programs for tech startups, facilitating researcher-led innovation and spin-off creation, and contributing to IoT cross-fertilisation initiatives. They operate at the intersection of entrepreneurship support services and emerging digital technologies.

What they specialise in

How they've shifted over time

Bluspecs started with a strong technology-oriented focus: web entrepreneurs, mobile technologies, web technologies, IoT, and lean startup methodology (STARTUP-SCALEUP, 2015). By 2017, their emphasis shifted toward the institutional and financial scaffolding around entrepreneurship — spin-offs, angel investment, and researcher-led innovation (MERLIN). This progression suggests a move from hands-on tech hub operations toward more structured innovation management and investment facilitation.

Moving from tech-focused acceleration toward bridging the gap between academic research and commercial investment, which positions them well for technology transfer projects.

How they like to work

Bluspecs has always participated as a partner, never leading a consortium, which is typical for a small consultancy-type SME contributing specialized entrepreneurship expertise. With 31 unique partners across 11 countries from just 3 projects, they work in large, diverse consortia — averaging over 10 partners per project. This broad network suggests they are a flexible contributor comfortable operating in multi-stakeholder European settings rather than anchoring projects themselves.

Bluspecs has built a surprisingly wide network for its size: 31 unique consortium partners across 11 countries from just 3 projects. Their partnerships span a broad European geography rather than concentrating in Iberia alone.

What sets them apart

Bluspecs sits at a specific niche: they understand both the technology side (IoT, web, mobile) and the business creation side (incubation, acceleration, investment). For consortium builders, this dual perspective is valuable when a project needs a partner who can translate research outputs into startup-ready ventures. Their small size makes them agile and cost-effective for CSA and innovation actions that need entrepreneurship expertise without large overhead.

Highlights from their portfolio

• CREATE-IoT
  A large-scale IoT coordination action running 2017-2020, focused on cross-fertilisation across European IoT initiatives — their most sustained engagement.
• STARTUP-SCALEUP
  Their highest-funded project (EUR 160,694) and earliest H2020 involvement, directly focused on scaling entrepreneurial hubs across Europe.