Web Summit

The Minister of the Economy, Pedro Reis, has announced a programme to finance deep-tech projects with an initial  investment value of €60.6 million and with the capacity to leverage it up to [...]

Portugal’s Finances minister, Joaquim Miranda Sarmento says that Portugal must concentrate more on innovation and technology and less on tourism which now represents around 20% of the country’s [...]

The European Investment Fund (EIF) will allocate €90 million to three Portuguese venture capital funds, with a view to accelerating the growth of startups in areas such as artificial intelligence [...]

Portugal’s lifestyle quality, government support for companies wanting to set up in Portugal, measures to cut taxes and red tape, incentives for young people and development stimulation were all [...]

Portugal is now the 6th most important startup hub in Europe according to the FT, but there were signs last year that it is becoming increasingly more difficult to get venture capital funding [...]

The director of Start Up Portugal has called on the government not to scrap the favourable NHR tax regime for some cases of overseas investors and relocators, as well as calling for investment [...]

Portugal’s 4,000 or so startups employ around 25,000 and have generated a turnover of €2.3Bn with business exports of €1.3Bn according to statistics released by Startup Portugal at Web Summit on [...]

Lisbon Mayor Carlos Moedas admitted on Tuesday that the political crisis currently engulfing the government could undermine investor confidence in Portugal. “What we’re going through will affect [...]

Web Summit, considered the largest tech fair in the world, opened on Monday evening with a record number of start-ups and for the first time without former CEO Paddy Gosgrave. According to the [...]

The day before the world’s largest technology and startup event opened in Lisbon today, Web Summit’s new CEO Katherine Maher has avoided comment on the current corruption imbroglio surrounding [...]