This Program Call For Entrepreneurship was launched by Portugal Ventures and aims to strengthen the Portuguese ecosystem of technology-based entrepreneurship and thus contribute to the development of a more modern, competitive and open to the world economy, based on knowledge, innovation and highly skilled human capital, with a strong entrepreneurial spirit.
With this initiative Portugal Ventures plans to invest around € 20 million per year. Some of venture capital funds managed by Portugal Ventures are co-financed by the European Union through the FINOVA, and COMPETE and the POR LISBOA.
The selection of projects is decided by taking into account its growth potential , which Portugal Ventures can support a maximum investment of risk capital of 750 000 euros , or 85 % of total project needs. In addition to equity ownership, the companies chosen in each Call also ensure access to expert advice and can still benefit from the possibility to receive incubation or acceleration, in Silicon Valley, where Portugal Ventures ensures representation.
Call in number for Entrepreneurship participated today over 2,000 entrepreneurs. Among the ideas presented to Portugal Ventures by this means 20 secured investment of risk capital that can invest alone or with partners.
Registrations will be open from January 27 until February 2014 and may be made in the Portugal page Ventures.
Ricardo Palma Carlos
Tel.: +351 211 589 100