High quality of life, an energetic support system and good access to talent: no wonder the Portuguese ecosystem has been attracting so much attention.
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Startup Infrastructure Diagram
About the Portuguese Ecosystem
Interaction and Collaboration
The world famous Web Summit in Lisbon boosted the entire ecosystem. Nearly 60,000 people visited the event in 2017, the networking opportunity was unparalleled. The strong local network was one of the reasons Get in the Ring picked Portugal as the destination for the Global Meetup 2018.
The startup ecosystem in Portugal benefits from highly educated founders, a large number of high ranked higher education institutions and ranks particularly well in terms of access to talent. From entrepreneurship education starting at school level to 90 higher education institutions in the Lisbon area alone. Portugal is winning when it comes to talent development.
Startups can seek support at more than 150 incubators and accelerators, some of which are among the best in Europe. The Portuguese government has also come a long way in incentivising startups - for example introducing the Startup Visa for foreign startup founders.
Access to finance
Government-led Portugal Ventures has a 450 million funds focusing on innovative tech companies and startups. In 2017, CB Insights deemed it the most active venture capital group in Portugal.
Areas of excellence
The most promising industries in the Portuguese startup ecosystem are centered around tech. Its science parks offer a wide range of business support for starting and growing companies, ranging from co-working spaces and business incubation services to support services for intellectual property and product development.