Foreign and Portuguese entrepreneurs are increasingly choosing Portugal to start up their businesses. Being part of the European Union is one reason, with ease of access to talent from the 27-member states.

Investment in Portugal’s budding tech ecosystem has been growing at an annual rate of 30% since 2016, according to data from Beta-i. The average investment is €330,000.

Beta-i, a Portuguese organisation created to boost entrepreneurship, organised the Lisbon Investment Summit this week. The annual summit is described as Portugal’s answer to the Web Summit, which is expected to move from Lisbon to another city by 2020.


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