Going to the Websummit: Here are Lisbon's hottest start-ups

Lisbon has used the global economic crisis to kickstart its startup scene [caption id="attachment_37171" align="aligncenter" width="1502"] Credit: Pip Pell[/caption]

Boosted by the arrival of the annual Web Summit conference (previously held in Dublin), Lisbon’s startup community is thriving – with healthy support from the Portuguese government. In June 2016, it created a national network of tech hubs and the StartUP Voucher initiative that gives more than 400 entrepreneurs a one-year fellowship to pursue their ventures. “The economic crisis served as a catalyst to entrepreneurship,” says Pedro Costa, venture partner at Faber Ventures. “The scarcity of capital made projects more resilient.” Check out Lisbon’s hottest start-ups in Wired

Web Summit facts

• Attendees: 60,000
• Speakers: 1,000+
• Senior Management:68%
• Journalists: 2,200+
• Countries:160+
• 1 Country 🙂