Unicorn Factory Promised by Carlos Moedas Comes Out of Paper and Joins Several Initiatives – Negócios

At the opening of the 2021 Web Summit, Carlos Moedas, the newly elected Mayor of Lisbon, said that He wanted to go beyond the top of the web and create a unicorn factoryPromote the city as a technology center And making sure that entrepreneurs come to Lisbon but stay and establish their companies here.

Today the promise was fulfilled but with Lisbon unicorn factory announcementdays before The start of another edition of the web top that Paddy Cosgrave promises to be the busiest ever.

“Mission of the Unicorn Factory Lisbon andExpand support for the entrepreneurship ecosystem to promote the accelerated and sustainable growth of technology companies from Lisbonact as an engine of innovation and economic growth for the city and country,” the organization explains.

The factory is actually A platform that combines programs and hubs to support start-ups and expand the creation of products and business models, or the development of effective operations. With growth they can become unicorns, the term for companies that are valued at billions of dollars.

Carlos Moedas defends: “Lisbon needs more big companies, because these companies will create the jobs of the future, generate wealth, boost the economy and rejuvenate the city.”

At the Unicorn Factory in Lisbon Startup Lisboa and Hub Criativo do Beato . will mergeThere are four pillars of action, from supporting the initial stage of startups to supporting growth in expansion, but also investing in attracting expansions and international unicorns through the Soft Landing program and in developing a network of hubs and programmes, through hubs focused on
Innovation in strong growth areas.

From 2023 onwards, two new programs whose applications will open during the Web Summit will be promoted. The programs are Scaling Up, the first program in Lisbon operating on more than 20 high-potential scales annually, and Soft Landing, with tools to meet the challenges of growing and changing or expanding operations in Lisbon.

“With its two new programs opening applications during the Web Summit, Unicorn Factory Lisbon promotes over a thousand opportunities for partnerships and synergiesIt provides access to more than 30 business partners, including the largest Portuguese companies, unicorns and global technology groups, and more than 20 investors.