Monday, October 31, 2016

Lisbon can become “the next capital of technology” – News up to the Minute (press release)

Lisbon is in countdown to the Web Summit, the mega-conference of entrepreneurship and startups, technology-based, that will make you reach the capital of our country personalities and leaders of some of the largest companies in the world. The fact that Lisbon be the 'home' of the Web Summit for the next three years prompted the british publication The Guardian to point out the capital as the "next capital of technology".

Among the more than 50 thousand people and 200 million euros for the Portuguese economy, the Web Summit can be the event of the presentation of Lisbon for many startups and technology companies looking for infrastructure that support its growth.

"Lace cheap, vibrant cultural environment, levels ridiculous of sunlight and a high quality of life may have attracted young talents from any part of the world in recent years but the country still lives in the shadow of the financial crisis of 2007 and 2009, the recent political turmoil and economic growth economic has been slower than expected", says the Guardian.

Aware of the importance of the Web Summit to Portugal, the minister of Economy, Manuel Caldeira Cabral, points out that the idea that if you want to spend is that the country "has an economy based on knowledge and an entrepreneurial community that is growing."

Caldeira Cabral refers to The Guardian that Portugal is attracting young entrepreneurs because of the "financial system and tax structure very competitive for startups, but also because of the style and quality of life that entrepreneurs are [in the country]".

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