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India Portugal Startup Hub, a unique initiative of Governments of India and Portugal to enable international market access for Indian and Portuguese startups, is inviting applications from Indian startups aiming to work with partners in Portugal.

Initiated by ‘Startup India’ and supported by Commerce & Industry Ministry and Startup Portugal to create a mutually supportive entrepreneurial partnership. This year is second consecutive year of the India Portugal Startup Hub that was launched last year during PM Modi’s state visit of Portugal.

Innovative Indian startups in the fields of Fintech, Urbantech, Medtech/Nanotech, building a product or service with business potential in the Portuguese/European market are invited to apply. The startups must have a registered company and operations in India.

Important Dates

Application (apply here) closes on 25th September 2018 and results will be announced on 5th October 2018. Startup unveil ceremony will be held at Web Summit Lisbon on 5th November 2018. Web Summit, originally Dublin Web Summit, is a technology conference held annually in Lisbon since 2009. The event witnesses attendees ranging from internet technology firms including Fortune 500 companies to smaller tech companies.

The selected startups will be offered Free of Cost Working Space for 3 months, Mentoring & Growth Advisory, Fast-track Visa Approval, Regulatory Assistance and Ecosystem Networking.

Portugal has one of the highest rates of business creation in Europe and has emerged as one of the most vibrant European eco-systems for entrepreneurship. Lisbon is hosting the Web Summit – a key annual international technology conference – for 3 years from 2016 onwards. The last Web Summit had 700 participants from India, and the number is expected to go up further this year. The governments of both India and Portugal are focusing on promoting Start-ups.

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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