With investments from global leading companies, such as Google and Mercedes-Benz opening tech and digital hubs in Portugal, to unicorns like Farfetch and Outsystems, multiple government initiatives for start-ups, highly qualified workforce and the confirmation of 10 more years of Web Summit in Lisbon, Portugal shows its highest growth figures in over a decade.
Portugal´s new outlook stands out because of it´s technological dimension. Having been the host of the world´s largest tech event, Web Summit, for three consecutive years, the growth of Lisbon has taken the city all the way into the 2017 Startup City Index, placing Lisbon the fourth best city in the world to start a business.
The 2017 Report from the Startup Europe Partnership states that the start-up ecosystem in Portugal is growing at a rate twice as fast as the European average, combined with highly qualified workforce including many young university degrees in science in technology areas.
Well-developed IT infrastructure, reasonable costs of facilities combined with high competence and proficient language skills, ease of doing business, good quality of life and safety index and the geographical location – serving as a bridge from Europe to Africa and the Latin and South Americas,
With currently over a hundred established Swedish companies in Portugal and a much higher number of Swedish companies doing business with Portugal - Sweden enjoys a high reputation, associated with trust and stability.
On February 14th, Swedish solar tech company Bright Sunday will share their experiences of entering and doing business in the Portuguese market, together with the law firm Sérvulo & Advogados, the Swedish-Portuguese Chamber of Commerce (CLS), Business Sweden and the Portuguese Trade and Invest Agency (AICEP).