Lisbon will host the Web Summit the next three years – Jornal de Negócios – Portugal

The Portuguese capital has been chosen to receive for three years, one of Europe’s largest technology conferences in the edition of 2016, which will take place in November, will have 40 thousand participants.

Lisbon will host the Web Summit in 2016, 2017 and 2018. This is one of the most important European events technology, entrepreneurship and innovation. The largest Portuguese city was one of two finalists and hit Amsterdam in the final.

The event will count on 40,000 participants, more than two thousand companies, investors thousand and 650 speakers from global technology major. Public support will be given to this event amounts to 1.3 million euros.

The application of Lisbon was organized by Turismo de Portugal, Lisboa Tourism Association (ATL) and AICEP (Investment Agency Portugal) and also counted with the institutional support of the Government and the Municipality of Lisbon .

This event will feature 40,000 participants, according to a recent estimate made by ATL, “because of its strong tourist positioning, the excellent quality of provision of infrastructure and services and also due to the relevance International increased its “ecosystem” startups “.

Lisbon has already guaranteed to receive this event in 2016, 2017 and 2018. You can come to receive the conference in 2019 and 2020, but these two years are not yet closed.

In the last edition of the event in 2014, 22,000 participants were in Dublin, generating a turnover for the Irish capital of 100 million euros, according official accounts.

With these figures in mind, the Portuguese Government estimates that the event can generate a return of EUR 175 million to the city of Lisbon in terms of restaurants and hotels, according to the secretary of accounts State Deputy Leonardo Mathias.

“After careful consideration, we decided to transfer the Web Summit to Lisbon. This event has grown beyond all our expectations, we want to continue to grow and that our participants can get the best possible experience, “announced in Lisbon this Wednesday, September 23, the chief executive of Web Summit Paddy Cosgrove.

But among many European cities, why Lisbon was chosen to host this event? “We chose Lisbon because of the good infrastructure, the incredible site that will host the event and the growing startup community. We look forward to working with the business community of Lisbon, “said Paddy Cosgrove.

(updated news, the last time at 10:30)