Lisbon Challenge returns with the ambition to “launch the next … – Business Journal – Portugal

Lisbon Challenge returns with the ambition to “launch the next technological giant”

The autumn edition of the acceleration program, Lisbon Challenge, kicks off this Monday. The ambition of this program is to “launch the next technological giant.”

The next Monday, September 29, kicks off the autumn edition of acceleration start program -ups, Lisbon Challenge. More than two dozen start-ups, from various places of the globe, will be present in the Portuguese capital for about three months. During this period, according to a statement from the Beta-i, which is responsible for this program, more than two hundred “mentors and investors will help these start-ups to develop your project, so that they can become the next technological giant. “

This program is aimed at start-ups based technology but” incorporates very different concepts: from one app to control air quality, an online platform to create a personalized beauty cream , an application of augmented reality tourism, or even an app to tell people that tariff mobile phone must use to save more money Entrepreneurs come from 9 different countries: Portugal, Brazil, Ukraine “

.” Belgium, Chile, Germany, Italy and Spain, “adds the document led by Pedro Rocha Vieira (pictured) organization.

Through this program, start-ups can understand if your project has a capacity to succeed. The Lisbon Challenge is divided into three phases. Business, product range and

“In the first phase, validates the value proposition of the project and ensures that the base of the start-up is solid and this may forward the entire strength in the next step. At the stage of product, Beta-I, and all work with the mentor star-TUPs afinem so that their products and services. the last phase we talk about as it is possible to scale the business and manage to get to internationalization, with a strong focus on finding external funding through investors, “says the document.

The best start-ups will be able to present your business to international investors in cities like Lisbon, London, Boston, San Francisco, Sao Paulo and Tel Aviv. Moreover, they will receive products and services in the amount of 150 thousand euros. The top five will be invested and move to a 2nd incubation phase of six months.