Endowment / Foundation

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Fundación José Manuel Entrecanales

The Fundación José Manuel Entrecanales is a foundation that aims to promote economic development in Spanish society through innovation and entrepreneurship.

Fundación José Manuel Entrecanales

The Fundación José Manuel Entrecanales is a foundation that aims to promote economic development in Spanish society through innovation and entrepreneurship. It offers programs such as 'Despega' and 'Emprende tus prácticas' to support startups and entrepreneurial initiatives. The foundation is headquartered in Alcobendas, Madrid.

General information

Firm type

Family Foundation

Year founded

2002

Location

Region

Europe

Country

Spain

City

Alcobendas, Madrid

Corporate office

Madrid, Spain

Principals

José Manuel Entrecanales Domecq

Founder

María Carrión

Spouse of Founder and Co-founder of Lizard Global Investments

Samuel Gil

CEO of JME Ventures

Sector focus

ClimateTechEnergy Transition & RenewablesInfrastructureIndustrial TechHealthcare Services

Frequently asked questions

Who runs investment decisions at Fundación José Manuel Entrecanales?

Investment decisions are led by Samuel Gil, CEO of JME Ventures, the foundation's investment vehicle. José Manuel Entrecanales Domecq, as founder and chairman of Acciona, sets the overall strategic direction. The family remains deeply involved through board oversight and individual holdings like Lizard Global Investments.

How does the foundation source proprietary deal flow?

The foundation sources deals through the Entrecanales family's extensive network in Spanish and European business, including José Manuel's roles at the World Economic Forum, United Nations Global Compact, and Instituto de Empresa Familiar. It also leverages relationships from Acciona's corporate activities in energy and infrastructure.

Which sectors does Fundación José Manuel Entrecanales explicitly avoid?

The foundation avoids sectors that conflict with its sustainability mandate, such as fossil fuels, tobacco, or arms. It does not invest in late-stage companies or public equities, focusing instead on early-stage ventures aligned with the family's long-term environmental and social goals.

What is the foundation's relationship to Acciona?

The foundation is independent from Acciona's corporate structure, but shares the family's values and sustainability focus. José Manuel Entrecanales Domecq serves as chairman and CEO of Acciona, and cousin Juan Ignacio Entrecanales Franco is vice-chairman. The foundation does not own Acciona shares; rather, it uses the wealth generated by the family's Acciona stake to fund its activities.

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