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Portugal news - Portugal ranks 36th most competitive country globally, according to the World Competitiveness Ranking 2024 by Swiss institute IMD. Portugal rose 3 ranks in the 2024 World Competitiveness Ranking, going from 39th to 36th most competitive country globally. The ranking is based on the country’s Economic Performance score ranked 39th, Government Efficiency score ranked 41st, Business Efficiency score ranked 39th, and Infrastructure score ranked 26th. The Top 10 most competitive countries in the world are Singapore, Switzerland, Denmark, Ireland, Hong Kong, Sweden, UAE, Taiwan, Netherlands and Norway. The International Institute for Management Development (IMD) is a business school with headquarters in Switzerland. #portugalnews #newsportugal #competitivenessofportugal #mostcompetitivecountrieintheworld #WorldCompetitivenessRanking2024 #InternationalInstituteforManagementDevelopment

Actualités Portugal - Le Portugal est classé 36e pays le plus compétitif au monde, selon le classement mondial de la compétitivité 2024 « World Competitiveness Ranking » de l’institut suisse IMD. Le Portugal a progressé de 3 rangs au classement mondial de la compétitivité 2024, passant de 39e à 36e pays le plus compétitif au monde. Le classement est basé sur le score de performance économique du pays classé 39e, le score d’efficacité gouvernementale classé 41e, le score d’efficacité commerciale classé 39e et le score d’infrastructure classé 26e. Les 10 pays les plus compétitifs au monde sont Singapour, la Suisse, le Danemark, l’Irlande, Hong Kong, la Suède, les EAU, Taïwan, les Pays-Bas et la Norvège. IMD - International Institute for Management Development est une école de commerce dont le siège est en Suisse. #actualitésportugal #nouvellesportugal #compétitivitéduportugal #lespayslespluscompétitifsaumonde #classementmondialdelacompétitivité2024 #InternationalInstituteforManagementDevelopment

Actualités Portugal - Le Portugal est classé 16e pays le plus durable au monde selon le Rapport sur le développement durable 2024. Le Portugal a atteint 4 objectifs de développement durable, à savoir : Pas de pauvreté, Énergie abordable et propre, Égalité entre les sexes et Villes et communautés durables. Cependant, les objectifs suivants restent de grands défis : Faim Zéro, Consommation et Production Responsables, Lutte contre les changements climatiques, Vie Aquatique et Partenariats pour la Réalisation des Objectifs. Le classement est une évaluation mondiale des progrès accomplis pour atteindre les 17 Objectifs de développement durable des Nations Unies. À l’échelle mondiale, aucun des 17 objectifs ne devrait être atteint d’ici 2030. Voici la liste des 20 pays les plus durables au monde en 2024 : 1 – Finlande 🇫🇮 2 – Suède 🇸🇪 3 – Danemark 🇩🇰 4 – Allemagne 🇩🇪 5 – France 🇫🇷 6 – Autriche 🇦🇹 7 – Norvège 🇳🇴 8 – Croatie 🇭🇷 9 – Royaume-Uni 🇬🇧 10- Pologne 🇵🇱 11 – Slovénie 🇸🇮 12 – Tchéquie 🇨🇿 13 – Lettonie 🇱🇻 14 – Espagne 🇪🇸 15 – Estonie 🇪🇪 16 – Portugal 🇵🇹 17 – Belgique 🇧🇪 18 – Japon 🇯🇵 19 – Islande 🇮🇸 20 – Hongrie 🇭🇺 #actualitésportugal #nouvellesportugal #objectifsdedéveloppementdurableportugal #listedespayslesplusdurablesaumondeen2024 #Rapportsurledéveloppementdurable2024

Portugal news – British mining company Savannah Resources will invest around 350 million euros to produce lithium in Portugal and production is expected to start by 2026. British mining company Savannah Resources is the owner of the Barroso Lithium Project in northern Portugal which contains the most significant spodumene lithium resource in Western Europe, with a positive Scoping Study which outlined a conventional mine and concentrator operation producing 175,000t of spodumene concentrate per annum. Savannah Resources, that expects to produce enough lithium spodumene to make between half a million and a million electric vehicles annually, will soon announce the name of their chosen partner who is expected to be an early-stage investor that will ensure the purchase of part of the ore produced. While nearly half of the world’s lithium is mined in Australia (48.9%), followed by Chile (28%) and China (13.1%), Europe accounts for less than 1% of global lithium supply and is seeking to boost production by 2030. The EU Critical Raw Materials Act, which came into force on May 23, 2024, sets benchmark targets to secure the supply of critical minerals such as lithium, copper and cobalt by 2030 to ensure Europe’s green and digital transitions. The new law stipulates that 10% of the EU’s annual consumption of critical raw minerals must be extracted in the EU; while 40% is to be produced in the EU and no more than 65% of the EU’s annual consumption for each mineral should come from a single country. The Barroso Lithium Project in Portugal has the potential to deliver a third or even half of the 10% of European demand required by 2030, according to Savannah Resources. Portugal’s Barroso region already has 17 active mines and quarries according to the GIAHS FAO classification, and the Barroso Lithium Project, that is expected to be Europe’s first major mine, will deliver its engineering project and environmental compliance report by the beginning of 2025. Savannah Resources is listed on the London Stock Exchange’s Alternative Investment Market and ordinary shares are also available on the Frankfurt and Stuttgart Stock Exchanges. #portugalnews #newsportugal #lithiumminingportugal #miningnewsportugal #SavannahResources #BarrosoLithiumProject

Portugal news - German technological company Testo is investing in a new production plant in Portugal. German high-tech company Testo, that is a world market leader in the field of portable and stationary measurement solutions, is investing in a new plant in the district of Aveiro in Central Portugal. Testo is investing a mid-double-digit million amount estimated at around 25 million euros in Portugal. With the official laying of the foundation stone, Testo SE & Co has officially started the construction of its new production plant in Central Portugal and Portuguese construction company Garcia Garcia was chosen by the German multinational to carry out the construction project. The production plant will house development, production and logistics clusters on a total area of around 21,000 square meters. Testo, that has 37 subsidiary companies worldwide, employs around 3,500 people. The new Testo plant in Portugal will potentially create up to 500 new jobs. Testo has chosen to invest in a production plant in Portugal in line with its strategy of becoming more independent of individual suppliers and locations that requires three mutually complementary production sites and the new Portuguese plant will not lead to terminations in Germany. #portugalnews #newsportugal #investmentnewsportugal #Testo #GarciaGarcia

Actualités Portugal - L’entreprise technologique allemande Testo investit dans une nouvelle usine de production au Portugal. L’entreprise allemande de haute technologie Testo, leader mondial dans le domaine des solutions de mesure portables et stationnaires, investit dans une nouvelle usine dans le district d’Aveiro au centre du Portugal. Testo investit un montant moyen à deux chiffres estimé à environ 25 millions d’euros au Portugal. Avec la pose officielle de la première pierre, Testo SE & Co a officiellement commencé la construction de sa nouvelle usine de production dans le centre du Portugal et l’entreprise de construction portugaise Garcia Garcia a été choisie par la multinationale allemande pour mener à bien le projet de construction. L’usine de production abritera des pôles de développement, de production et de logistique sur une superficie totale d’environ 21,000 mètres carrés. Testo, qui compte 37 filiales dans le monde, emploie environ 3,500 personnes. La nouvelle usine de Testo au Portugal pourrait créer jusqu’à 500 nouveaux emplois. Le groupe Testo a choisi d’investir dans une usine de production au Portugal, conformément à sa stratégie visant à devenir plus indépendant des fournisseurs et des sites individuels, ce qui nécessite trois sites de production mutuellement complémentaires et la nouvelle usine portugaise ne conduira pas à des licenciements en Allemagne. #actualitésportugal #nouvellesportugal #actualitésinvestissementsportugal #Testo #GarciaGarcia

Portugal news - Portugal ranks 29th Startup Country Globally and 17th in Europe, according to the Global Startup Ecosystem Index 2024 by StartupBlink. Portugal is in the limelight since the country ranks 2nd globally for the impact of global startup events. Portugal has a growing number of startup support facilities, such as Startup Portugal, Startup Lisboa, ScaleUp Porto, and Startup Leiria. Building on this strong foundation, Portugal has the potential to become one of the strongest startup economies in Europe, with easy access to the European market and the Schengen Zone. Here are the Top Startup Countries globally in 2024: 1 – US 2 – UK 3 – Israel 4 – Canada 5 – Singapore 6 – Sweden 7 – Germany 8 – France 9 – The Netherlands 10 – Switzerland 11- Australia 12 – Estonia 13 – China 14 – Finland 15 – Spain 16 – Lithuania 17 – Ireland 18 – Denmark 19 – India 20 – South Korea 21 – Japan 22 – Taiwan 23 – UAE 24 – Belgium 25 – Norway 26 – Austria 27 – Brazil 28 – Italy 29 – Portugal 🇵🇹 30 – New Zealand Here are the Top Startup Cities in Portugal in 2024: Here is the Funding Data for Startups in Portugal: Here is the list of Portuguese Unicorns and future Unicorns in 2024: #portugalnews #newsportugal #newsstartupsportugal #topstartupcountriesgloballyin2024 #topstartupcitiesinportugalin2024 #fundingdataforstartupsinportugal #listofportugueseunicornsandfutureunicorns #GlobalStartupEcosystemIndex2024 #StartupBlink #StartupPortugal #StartupLisboa #ScaleUpPorto #StartupLeiria #unicornfactorylisboa

Actualités Portugal - Le Portugal est le 29ème pays au classement mondial des startups et 17ème en Europe, selon le « Global Startup Ecosystem Index 2024 » de StartupBlink. Le Portugal est sous les projecteurs depuis que le pays se classe 2ème au niveau mondial pour l’impact des événements mondiaux dédiés aux startups. Le Portugal dispose d’un nombre croissant d’installations de soutien aux démarrage, telles que Startup Portugal, Startup Lisboa, ScaleUp Porto et Startup Leiria. S’appuyant sur cette base solide, le Portugal a le potentiel de devenir l’une des économies de démarrage les plus fortes d’Europe, avec un accès facile au marché européen et à l’espace Schengen. Voici les meilleurs pays pour les startups mondialement en 2024 : 1 – États-Unis 2 – Royaume-Uni 3 – Israël 4 – Canada 5 – Singapour 6 – Suède 7 – Allemagne 8 – France 9 – Pays-Bas 10 – Suisse 11- Australie 12 – Estonie 13 – Chine 14 – Finlande 15 – Espagne 16 – Lituanie 17 – Irlande 18 – Danemark 19 – Inde 20 – Corée du Sud 21 – Japon 22 – Taïwan 23 – EAU 24 – Belgique 25 – Norvège 26 – Autriche 27 – Brésil 28 – Italie 29 – Portugal 🇵🇹 30 – Nouvelle-Zélande Voici les meilleures villes pour les startups au Portugal en 2024 : Voici les données sur le financement des entreprises en démarrage au Portugal : Voici la liste des licornes portugaises et des futures licornes en 2024 : #actualitésportugal #nouvellesportugal #actualitésstartupsportugal #lesmeilleurspayspourlesstartups #lesmeilleuresvillespourlesstartupsauportugal #lesdonnéessurlefinancementdesentreprisesendémarrageauportugal #listedeslicornesportugaisesetdesfutureslicornes #GlobalStartupEcosystemIndex2024 #StartupBlink #StartupPortugal #StartupLisboa #ScaleUpPorto #StartupLeiria #unicornfactorylisboa

Portugal news – The flagship Hugo Boss store reopens in Lisbon, on its prestigious avenue, Avenida da Liberdade. The emblematic Hugo Boss Womenswear store in Lisbon’s luxury shopping avenue was completely renovated and transformed. The new Hugo Boss Women’s Collection reflects the essence of modern women: independent, sophisticated and always ahead of trends. According to the Hugo Boss Retail Director Carlos Feiteira, the new space is not just a store, but it is now an innovative point of experience dedicated to the feminine universe, where every detail has been carefully thought out to create a unique and memorable experience. The reopening of the flagship Hugo Boss store in Lisbon marks the beginning of a new chapter for the luxury brand, where commitment to quality and updated design is their promise to the brand’s customers. A visit to Lisbon’s luxury avenue is now an invitation to discover a world of elegance and exclusivity, and to experience the Hugo Boss emblematic store where each piece tells a story, and each visit becomes an adventure. #portugalnews #newsportugal #luxurybrandsnewsportugal #fashionbrandsportugal #HugoBossportugal #HugoBoss

Actualités Portugal - La boutique phare de Hugo Boss rouvre à Lisbonne, sur sa prestigieuse avenue, Avenida da Liberdade. La boutique emblématique de Hugo Boss de mode féminine qui se trouve dans l’avenue du commerce de luxe de Lisbonne a été entièrement rénovée et transformée. La nouvelle collection Hugo Boss pour femme reflète l’essence de la femme moderne : indépendante, sophistiquée et toujours en avance sur les tendances. Selon Carlos Feiteira, Directeur de la vente au détail chez Hugo Boss, le nouvel espace est non seulement une boutique, mais c’est maintenant une expérience innovante dédiée à l’univers féminin, où chaque détail a été soigneusement pensé pour créer une expérience unique et mémorable. La réouverture du magasin phare de Hugo Boss à Lisbonne marque le début d’un nouveau chapitre pour la marque de luxe, où l’engagement envers la qualité et le design actualisé est leur promesse aux clients de la marque. Une visite à l’avenue de luxe de Lisbonne est non seulement une invitation à découvrir un monde d’élégance et d’exclusivité, mais aussi à découvrir la boutique emblématique de Hugo Boss où chaque pièce raconte une histoire, et chaque visite devient une aventure. #actualitésportugal #nouvellesportugal #actualitésmarquesdeluxeportugal #actualitémodeportugal #HugoBossportugal #HugoBoss

Here are five programmes accepting applications for Portugal-based startups: Portugal news - The contrast between the volumes of investment in climate-focused and social-oriented initiatives is striking: from 2018 to 2023, $435.5 billion was invested in climate initiatives, while only $74.045 billion went towards social impact goals, according to the Dealroom report. Following the pan-European investment curve, Portugal-based impact startups are also challenged by underfunding. While there are VCs still biased about the profitability and potential political restraints, many social impact startups struggle to raise investments because they fail to achieve product-market fit and accurately calculate unit economics. I’m from ULTRA.VC, an EU-based accelerator and investor in impact-driven startups. We understand the problems faced by social impact-oriented founders as we work with them daily. Acceleration programmes offer impact makers a great opportunity to test hypotheses, focus on important bottlenecks, and achieve first traction. We’ve gathered a list of 5 acceleration programmes for Portuguese impact startups, which help founders achieve the first revenue, secure financial support, and become investable. We’re confident it will inform the readers about the existing opportunities for socially-driven startups and highlight the programmes open for application. Please, read more on the impact-oriented acceleration programmes below: Fueling the Future: Acceleration Programs Helping Underfunded Portuguese Social Startups Get Investable The European investment climate is getting warmer for impact startups, with the region emerging as a global leader in impact investing in 2023. While climate startups have secured some of the most significant raises in the last year, as of Sifted, another report signals that startups addressing social-related UN Sustainable Development Goals remain underfunded. How it relates to Portugal’s startup scene. Portugal, often referred to as the European Silicon Valley, has gathered a large international startup community. It offers a warm Mediterranean climate and abundant opportunities to launch and develop a tech company. The country is home to 3,880 startups and scaleups, as well as unicorns like Farfetch, Anchorage, Talkdesk, and others. However, despite positive numbers, the global economic fluctuations didn’t go unnoticed by startups and investors. Following the pun-European curve, in 2023, Portugal witnessed decreased financing volumes for tech companies. Additionally, the local startup ecosystem faces the need for fundamental business skills, hands-on training and practical application, and limited incubation opportunities. Underfunding has also challenged impact-driven startups, which poses a prominent obstacle to positive social change. Supporting Portuguese Social Impact Startups To support mission-driven tech companies, impact organizations around the EU have published The Impact Manifesto, calling on investors to seize their opportunities to support socially needed initiatives. While external support remains essential for the startups’ scaling and development, early-stage founders must concentrate their input on achieving the first paying customers, perfecting the business plan, and calculating unit economics. Specialised impact-oriented programmes by Portuguese and European accelerators and VCs are there to help impact founders save time and money, maintaining focus on elevating business metrics and making startups investable. Here are five programmes accepting applications for Portugal-based startups: 1 - ULTRA.VC is an impact-focused early-stage investor with an acceleration programme that helps founders test as many hypotheses as possible, validate their solution, define a business model, find the first signs of market fit, and start generating revenue via scalable sales channels. In addition to one-on-one coaching and mentorship, complemented by weekly focus sessions and a personalized progress plan, participants are offered $70,000 in initial investment and warm introductions to a curated list of early-stage angel investors and VCs. Applications for their September batch are open until August 11. 2 - Startup Lisboa is a Lisbon-based private non-profit incubator providing virtual and physical incubation at Hub Criativo do Beato. Startup Lisboa’s support includes mentoring, connecting with strategic partners, access to funding, and domain expertise. The incubator focuses on early-stage startups, with special programmes for sustainable and health tech companies. Monitor the start of applications for the acceleration programmes. 3 - Maze X is a three-month funding programme for impact-driven early-stage startups to multiply their execution capacity by threefold ahead of their first round of funding. It focuses on startups in the spheres of healthcare and wellbeing, the future of learning and work, and sustainable consumption, offering access to the international expert network, a community of like-minded founders, and €100,000 in funding. Monitor the start of applications. 4 - Techstars Impact Accelerator focuses on startups that aim to solve social and environmental challenges. The programme offers mentorship, access to a global network of investors, and a strong emphasis on founder wellbeing through mental health resources and support groups. Techstars ensures founders have the tools to succeed without compromising their health. Applications for their September cohort are now open. 5 - Bethnal Green Ventures: This London-based accelerator supports tech startups that address social and environmental issues. The programme includes tailored mentorship, access to impact investors, and a strong focus on the founder's well-being. Weekly sessions and mental health resources are integral parts of its curriculum. Applications for their Autumn Programme open on 10th June. The European social-impact market has matured sufficiently in recent years, with many Portuguese startups, such as Glooma, Miles in the Sky, UpHill, Landing Jobs, etc., winning global attention. However, as a large share of VCs sticks to the bias on profitability and potential political restraints, acceleration programmes become a necessary link between impact-makers and risk-averse investors. Author - Ana Hryshchenia, AROUND PR Studio with Portugal Business News #portugalnews #newsportugal #investmentnewsportugal #startupinvestmentprograms #socialimpactstartups #accelerationprogramsportugal #venturecapitalforstartups