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Portugal will strengthen support for the creation of new technology companies in about 300 million euros startups ). The government presents Monday the Startup Portugal +. The new version of the strategy for national entrepreneurship. The commitment of co-investment programs between the state and foreign investors, as well as the strengthening of support for business creation and the hiring of highly qualified international personnel justify this injection of capital . Economy Minister Manuel Caldeira Cabral wants the Portuguese ecosystem to "grow as fast as he has done in the last two years".
"This is an investment of about 300 million euros because the first version has been successful and the national entrepreneurial ecosystem has changed a lot in the past two years. years, it has much more external visibility, it is a destination for investment in startups justifies Caldeira Cabral in the statements to DN / Dinheiro Vivo
The creation of a International co-investment fund of 200 million euros (100 million euros of Portugal + 100 million of foreign) to host venture capital funds in the national territory is the highlight Startup Portugal +. "It will allow, for example, international investors wishing to set up a health fund to establish it in Portugal." Managed by the IFD (Banco de Fomento), this measure will allow funds to invest in several companies in growth phase ra first hand information.
The creation of an international co-investment fund of 200 million euros (100 million euros of Portugal + 100 million of foreign) to host capital funds – risk on the national territory is the strong point of Startup Portugal +
Starting companies are not forgotten and will have a financial package of ten million euros. Startup DNA will finance all startups less than four years old and with a minimum of 15% equity. Each company can receive up to 50,000 euros in the first phase; the amount can double "under specific conditions". Capital injections will be supplemented by co-financing enabling incubators and accelerators to invest in startups and a scheme to transform positions in start-ups into medium and long-term loans [19659002] Startup Portugal + will also serve to attract and retain foreigners . "We will launch a visa for highly skilled workers from countries outside the Schengen area, which will be useful for companies that need specialists faster." With Tech Visa, these foreigners are exempted from the interview at the Portuguese Embassy or Consulate in the country of origin. Facilitates the obtaining of the residence visa. Thinking about the international market, will also create a point of service for foreign entrepreneurs.
The new version of the strategy for entrepreneurship will also rely on the reinforcement of support for the development of projects in the idea phase (Startup Voucher), training for entrepreneurs and continuation of international missions to promote entrepreneurship. Portuguese startups in the biggest technology fairs
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