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Authorities in Biscay in Spain's Basque Country will allow its citizens to invest in state handpicked start-ups, the first local government to do so on the planet.

If you’re thinking of setting up a business in the Basque Country or looking for an alternative way to invest, this brand-new take on crowdfunding may be of interest to you.  

From March 15th 2018, the government of Biscay (Vizcaya in Spanish or Bizkaia in Basque) is calling on any business-savvy members of the public to invest in Basque start-ups they’ve cherry-picked for their potential for success.