I´m Portuguese, so I´m interested and proud of the Portuguese Startups.
I was the Scale Up Report today and I decided to share the most relevant insights.
You can find the full Report here
Portuguese start-ups are majorly funded by international sources.
Heavy International funding poses a potential threat to talent retainment, profit conservation and business development within the Portuguese start-up ecosystem.
Most of the top emerging start-ups in Portugal are either technology based or technology enabled.
CleanTech/Industrial, ICT and Consumer & Web appear to be the most promising verticals in Portugal.
The Portuguese CleanTech industry, in particular, may be poised to lead the European CleanTech industry in the next decade
Portuguese start-ups contribute significantly to employment generation.
Portuguese human resources are highly qualified and relatively affordable.
There are not enough female founders in the Portuguese start-up ecosystem.
Accelerators and incubators have a significant role in developing the Portuguese start-up ecosystem.
Portuguese investors are prolific in investments deals but lack experience in investing in start-ups (i.e. in terms of mentoring start-ups and providing valuable business networks).here are still significant challenges to starting and managing a business in Portugal, as a result of government bureaucracy, numerous government regulations and fees
There are still significant challenges to starting and managing a business in Portugal, as a result of government bureaucracy, numerous government regulations and fees
and high business start-up costs. There are also insufficient funding sources for Portuguese start-ups.
Successful Portuguese start-ups have accredited their success to the source of funding and a great team. Also Portuguese start-ups have a high survival rate.The contribution to entrepreneurship by males is significantly greater than females. The representation of females in the start-up scene appears to revolve around 20%.
The contribution to entrepreneurship by males is significantly greater than females. The representation of females in the start-up scene appears to revolve around 20%.
Regarding the TOP 25 Portuguese start-ups:
– Over 1000 jobs created
– 81% international funding
– 82% is Venture Capital Investment
– Close to $145 Million raised