Economy

Toolkit for Start-up investment made in Porto

  • Article

    Article

#DR_smart_capital_01.jpg

DR

Porto City Hall has launched a toolkit for start-up investment in Porto, to help international investors with business opportunities targeted for the Invicta and in the Northern region of Portugal.

The initiative took place on 20 September at the Smart Capital 2018 event, promoted by International Venture Club (IVC) in partnership with Porto City Hall.

The guide was presented to 80 business innovators, investment fund managers and independent investors.

The guide is available online, and it was developed by the municipality, through the ScaleUp Porto strategy, in partnership with Porto Business School.

This document identifies start-ups, technology and innovative companies, who are in a scale-up phase in the city of Porto. The guide informs on the city economic ecosystem, entrepreneurs and investment opportunities in Porto and in the Northern Portugal.

The Dragão Stadium hosted the Smart Capital 2018 on 20 and 21 September, and participants had the chance to assess the guide first-hand.

This event gathered both international investors such as Gilde Healthcare Partners (Netherlands), Evonik Venture Capital (German), Jolt Capital (France), or the Smart Capital, and national investors such as Indico Capital Partners, Portugal Ventures, SONAE IM, EDP Ventures, Pathena, Caixa Capital or Armilar Venture Partners.

"Porto played host to this event as it is the city to doing business and where there are multiple investment opportunities. We are interested in developing the necessary conditions so that companies can scale-up from the city, establishing an innovative and sustainable eco-system in Porto", stated Filipe Araújo, Vice-Mayor of Porto City Hall and Councillor for Innovation.