Empowered Startups Opens New Office in Evora Portugal

Empowered Startups Opens New Office in Evora Portugal

Evora, Portugal –International business incubator Empowered Startups announced today the opening of its new office in Evora, Portugal.

As the leading provider of business incubation for Canada Startup Visa participants, and a cornerstone of Portugal’s HQA Visa program, Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Canada. With offices in Canada, France, the United States and Portugal, Empowered trains/mentors/ and networks entrepreneurs to successfully launch new businesses in diverse markets. As a foundry they also conceive, build and launch products and solutions.

The new office space in Portugal is meant to serve as Empowered’s headquarters in Alentejo province, which is rapidly becoming a tech hub and is one of the first official Smart Cities in the European Union.

Empowered Startups is recognized by the Canadian Government as a designated start-up business incubator and is known internationally for growing ideas into sustainable businesses using both a virtual and on-site model. Empowered’s training tools and mentorship are used and recognized by leading global university labs, startup incubators, and innovation hubs.

 

MED-iBOX Secures Mitacs Grant for Independent Pharmacy Engagement

MED-iBOX Secures Mitacs Grant for Independent Pharmacy Engagement

Vancouver, B.C. –MED-iBOX Solutions Inc, a startup in incubation at Empowered Startups, is pleased to announce it has been awarded a Mitacs grant to engage with independent pharmacies on developing a digital product that transforms how their customers manage over-the-counter medicines.

Industry engagement to occur over the next 4 months

Over the next 4-months MED-iBOX will be going through an intense industry engagement to better understand the challenges independent pharmacies face from increased competition as self-care goes digital. Through this process it will refine its launch product that supports independent pharmacies, which are valuable local businesses, to better compete with both digital and big-box alternatives.

Over the past 10-years I have seen the increasing challenges faced by independent pharmacies. We think there is a way to strengthen what they do best, which is build relationships with their customers, by providing a digital platform to help pharmacies keep their customers up to date on their needs.” – Justin Vu, Founder and CEO of MED-iBOX Solutions Inc.

Through the Mitacs grant, MED-iBOX has recruited two interns to support this industry engagement. One Masters of Technology intern experienced in digital transformation from Saint Mary’s University and one intern from Ivey Business School at Western University.

We have built a diverse team with a well-rounded skill set and are excited to launch this industry engagement. We are confident that over the next 4-months we will uncover a path that will create value for independent pharmacies and their customers. We are grateful for Mitacs’ support.” – Justin Vu, Founder and CEO of MED-iBOX Solutions Inc.

Contact MED-iBOX to learn more

Independent pharmacies interested in learning more about MED-iBOX and the industry engagement process can reach out to MED-iBOX through its social channels.

About MED-iBOX Solutions

MED-iBOX Solutions Inc, founded in 2021, is a Vancouver-based software-as-a-service startup in the healthcare industry. MED-iBOX Solutions Inc is passionate about developing software tools that enhance the competitiveness of independent pharmacies while enabling their customers to live healthy lives. Founded by Justin Vu, an entrepreneur with more than 10-years of experience in distributing healthcare products, we are a mission-driven team transforming consumer’s over-the-counter (OTC) medicine cabinet to allow independent pharmacies to increase customer touchpoints and promote healthcare products around consumer’ needs and their desires for self-care in a digital world.

Justin Vu – Founder and CEO
Email: [email protected]
Address:    420-744 West Hastings Street
Vancouver, BC, V6C 1A5
LinkedIn

About Empowered Startups

Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, France, and Portugal, we train/mentor/ and network entrepreneurs to successfully launch new businesses in diverse markets. As a foundry we also conceive, build and launch our own products and solutions. Empowered Startups is recognized by the Canadian Government as a designated start-up business incubator and is known internationally for growing ideas into sustainable businesses using both a virtual and on-site model. Our training tools and mentorship are used and recognized by leading global university labs, Startup incubators, and innovation hubs.

Photo by Anna Tarazevich from Pexels

Yes, The HQA Visa Is A Top Reason Entrepreneurs Are Moving to Portugal

Yes, The HQA Visa Is A Top Reason Entrepreneurs Are Moving to Portugal

Believe it or not, Europe’s westernmost country isn’t just a hot tourist destination. It’s becoming a hot bed of activity for startups and entrepreneurs looking to found new businesses in the European Union.  A recent report from Startup Europe Partnership, found Portugal’s startup ecosystem is now growing twice as fast as the European average. But why? What is it about Portugal that has everyone applying for their business visa programs, like the HQA Visa?

At a high level, Portugal has endless summers, low cost real estate, a long stretch of beautiful coastline consisting of both sandy beaches and picturesque cliffs, a robust university system where tech businesses can carry out R&D, it has ease of international travel, and so much more. 

We’ve polled our HQA Visa participants and put together a quick list of why many founders & business professionals are moving to Portugal.

  • Fast Processing on Paperwork – This point is specific to the HQA Visa Program where visa paperwork processes in just 3-4 weeks
  • Tax Breaks & Cryptocurrency Friendly Taxation Policies –  There are Benefits from Portugal’s Non-Habitual Tax Residency (NHR) Program for the first 10 years of residency. Additionally,  Portugal considers capital gains resulting from the sale of cryptocurrencies are not subject to Personal Income Tax
  • Access to Portugal’s world-class National Health Service (SNS) as a Portuguese resident for the entire family
  • A clear pathway to Portuguese citizenship after 5 years
  • Ease of travel and access to the European Union
  • Friendly business climate
  • A large amount of English speakers makes communication easy
  • Portugal ranks 4th on the Global Peace Index
  • Access to Portugal’s University system and international schools
  • Low cost of housing & living
  • Access to top tier tech talent, allowing startups to thrive
  • Relaxed & friendly lifestyle for families, and open social climate

If the climate, sandy beaches, top tier universities, access to a world-class tech ecosystem,  great food, high quality of life and low living costs aren’t enough for you to consider Portugal, let’s talk. There are so many benefits to Portugal’s innovative new visa programs like the HQA that make the area even more attractive to investors and highly experienced professionals.

You can request more information about our Portugal HQA Visa Program by selecting here.

Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, France, and Portugal, we train/mentor/ and network entrepreneurs to successfully launch new businesses in diverse markets. As a foundry we also conceive, build and launch our own products and solutions. Empowered Startups is recognized by the Canadian Government as a designated start-up business incubator and is known internationally for growing ideas into sustainable businesses using both a virtual and on-site model. Our training tools and mentorship are used and recognized by leading global university labs, Startup incubators, and innovation hubs.

Photo by Pixabay

Alberta Is Working to Become a Major Tech Hub

Alberta Is Working to Become a Major Tech Hub

In a recently published interview with BetaKit, Doug Schweitzer, Alberta’s Minister of Jobs, Economy, and innovation, spoke about how Alberta’s tech sector is seeing fantastic growth. Additionally, the Alberta Enterprise Corporation published a report that found that the Alberta tech ecosystem is showing signs of momentum (Alberta is home to more than 3,000 technology companies, a 233 per cent increase since 2012 – if that’s not momentum we don’t know what is).

Alberta’s budget specifically called out the need to: “recognize and adapt to emerging trends. Increased automation and digitization, globalization and remote work, green technology, an aging population, continued urbanization, and migration all have the potential to significantly transform Alberta’s economy in the future. We need to develop skills today that will allow our labour market to readily adapt to future challenges.”

The Alberta Technology and Innovation Strategy that was laid out is set to receive $73 million over three years. The strategy envisions Alberta becoming an internationally recognized technology and innovation hub making Alberta a leader in areas such as artificial intelligence and quantum science.

You can read more about which cities and regions are dominating the Canadian startup scene in this article from Curiocity.  

Based on all of this, if you’re an international founder looking to participate in the Canadian ecosystem, it’s time to have a look at Alberta. The province has even created their own Alberta Foreign Graduate Entrepreneur Stream for innovators from abroad – which is similar to the Canada Startup Visa. The Foreign Graduate Entrepreneur Stream is an immigration program that nominates talented and qualified foreign educated graduates from outside Canada for permanent residence when they start-up an innovative business in Alberta. The Foreign Graduate Entrepreneur Stream is a collaboration between the Alberta Advantage Immigration Program (AAIP) and approved designated agencies, like Empowered Startups.

For more information on how to qualify for the Foreign Graduate Entrepreneur Stream, we have a blog post with all of the requirements here.

To apply for the Alberta Foreign Graduate Entrepreneur Stream, click here.

To apply for the Canada Startup Visa Program, click here.

Government of Canada Federal Budget 2022

Government of Canada Federal Budget 2022

Yesterday the Canadian Government released their 2022 budget. Included in the budget is  a new federal innovation agency to support both startups and legacy companies, and $3-billion in new spending on innovation.

Here’s a brief Executive Summary on the Canadian Federal 2022 Budget Related to Startups / The Canada Startup Visa Program: 

  • Establishment of a Canada Growth Fund attract substantial private sector investment;
  • Creation of a Canadian Innovation and Investment Agency to invest in innovation, research, and development;
  • Rebrand and $750 million for Superclusters;
  • Review of Scientific Research and Experimental Development (SR&ED);
  • Extending phase out of small business tax rate from $15 million to $50 million;
  • $45 million for semiconductor industry;
  • $30 million for CAN Health Network;
  • $875.2 million over 5 years to address cyber threats;
  • $17.7 million over 5 years for the Communications Security Establishment (CSE) to establish an academic research programs on cutting-edge technologies;
  • Amendments to the Competition Act;
    More capital for National Intellectual Property Strategy;
  • $25 million for the Research Support Fund;
    Creation of the Employee Ownership Trust
  • $2.6 billion for a carbon-capture, utilization, storage tax credit;
    $2.2 billion for the Low Carbon Economy Fund;
  • $780 million to expand Nature Smart Climate Solutions Fund.

“This is an innovation budget through and through,” said Benjamin Bergen, president of the Council of Canadian Innovators. “With a clear focus on supporting Canadian innovators, bolstering intellectual property generation, driving clean economic growth, and doubling-down on Canada’s fastest-growing sectors in the years to come.”

To view the entire Canadian Federal Budget for 2022 Click Here

Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, France, and Portugal, we train/mentor/ and network entrepreneurs to successfully launch new businesses in diverse markets. As a foundry we also conceive, build and launch our own products and solutions. Empowered Startups is recognized by the Canadian Government as a designated start-up business incubator and is known internationally for growing ideas into sustainable businesses using both a virtual and on-site model. Our training tools and mentorship are used and recognized by leading global university labs, Startup incubators, and innovation hubs.

Photo by Daniel Joseph Petty – Pexels