“More recently, the growing dynamism of the university and start-up ecosystem has caught the attention of entrepreneurs who see in Portugal an opportunity to scale their projects…”
And what makes Portugal an attractive destination for entrepreneurs and global companies considering alternatives to the US?
The country stands out for a set of highly competitive socio-economic factors. In addition to the quality of life, which is often cited as one of its most attractive aspects, Portugal is known for its hospitality, which facilitates the integration of international entrepreneurs. The competitive tax system is also a key point. More recently, the growing dynamism of the university and start-up ecosystem has caught the attention of entrepreneurs who see in Portugal an opportunity to scale their projects and access the European market more efficiently.
What are the biggest challenges entrepreneurs face when trying to establish themselves in Portugal, and how can World Talents help them?
Entrepreneurs face challenges such as adapting to the bureaucratic system, understanding local legislation, and difficulty accessing relevant networks and specific support for developing their projects. Obtaining visas, seeking funding, and entering business ecosystems are also significant barriers, especially for those coming from different business environments.
World Talents acts as a bridge in this process, helping entrepreneurs navigate the Portuguese ecosystem more easily. We offer personalised guidance on legislation and available incentives, as well as creating connections with universities, incubators, and tech parks that provide infrastructure, knowledge, and mentoring networks. Through strategic partnerships, we promote integrated support that reduces barriers, speeds up processes, and creates favourable conditions for entrepreneurs to focus on the sustainable growth of their businesses.
How does World Talents support talent mobility between local start-up ecosystems and universities in Portugal? What initiatives have you organised?
World Talents is at the forefront of this transformation, promoting and facilitating partnerships between universities and entrepreneurs through our Global Talent Portugal program. By connecting start-ups with professors, students, and researchers, we help strengthen interaction and create new opportunities for collaborative projects. Our approach includes identifying areas of mutual interest, creating networking events, and promoting acceleration programs that address the needs of both universities and entrepreneurs, allowing both to grow and benefit from this collaboration.
We have formalised partnerships with institutions such as the University of Coimbra, the University of Évora, the University of Algarve, Sines Tecnopolo, UAlg Tec Campus, Algarve Evolution (UAlg Tec Campus), ISTEC, and the Polytechnic Institute of Setúbal, among others in the process of formalisation.
Universities are key players in creating environments that foster innovation and attract entrepreneurs. To better integrate these professionals, they can implement initiatives such as collaborative labs and acceleration programs tailored to different sectors, ensuring access to practical tools and technical support. Organising forums, start-up competitions, and meetings between academia and industry also helps to strengthen strategic connections and the exchange of ideas.
In addition, incorporating subjects focused on entrepreneurship and innovation into curricula can prepare students for real-world challenges, encouraging a more creative and solution-oriented mindset. World Talents operates in this context, fostering partnerships between universities and entrepreneurs, facilitating joint projects that drive knowledge transfer and the creation of new economic opportunities.
Companies can play a complementary role by creating long-term partnerships with educational institutions, funding applied research projects, and promoting programs that connect start-ups and young talent to their ecosystems. Investments in innovation hubs and co-development initiatives help create a sustainable cycle of collaboration between companies, universities, and entrepreneurs.
“(...) incorporating subjects focused on entrepreneurship and innovation into curricula can prepare students for real-world challenges, encouraging a more creative and solution-oriented mindset.”
What can universities do to better integrate entrepreneurs into their ecosystem? And companies?