Reuters Reports That Portugal Likely to Scrap Much-Criticised ‘Golden Visa’ Scheme

Reuters Reports That Portugal Likely to Scrap Much-Criticised ‘Golden Visa’ Scheme

Reuters Reports That Portugal Likely to Scrap Much-Criticised ‘Golden Visa’ Scheme

News outlet Reuters is reporting that Portugal could be ready to scrap their Golden Visa program.

Speaking at Lisbon’s Web Summit, Europe’s largest tech event, Portugal’s Prime Minister Antonio Costa said several visa schemes offered by Portugal were currently being re-evaluated and the golden visa was one of them.

“(It) probably has already fulfilled the role it had to fulfil and, at this moment, is no longer justified to keep it”, Costa told reporters.

We don’t love to speculate but CBI and RBI have been under fire recently and have been heavily criticized for sending house prices and rents up, and the European Commission has called for the end of such national schemes.

The good news is Portugal has done incredible work creating programs that will truly stimulate their economy and  innovation. They have created well thought out programs like the HQA Visa Program which provides EU residency to highly qualified business people when they start a research backed venture in Portugal, as well as the newly announced digital nomad visa.

You can read the full article from Reuters here

 

About Empowered Startups
Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, France, the United States 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. Apply for our programs online at empoweredstartups.com

Government Support for Empowered Startups’ Portugal HQA Program Featured in Angel Investor, Private Equity, & Venture Capital Publication Link-to-Leaders

Government Support for Empowered Startups’ Portugal HQA Program Featured in Angel Investor, Private Equity, & Venture Capital Publication Link-to-Leaders

Link-to-Leaders – Angel Investor, Private Equity, & Venture Capital Publication Features The Government of Portugal’s Support of Empowered Startups’ Portugal HQA Visa Program

Empowered Startups’ HQA Visa program has recently been featured in Link To Leaders, an online publication that links angel investors, private equity firms, and vc’s to startups and founders with potentially interesting projects. The article highlights how Empowered Startups is working closely with innovative municipalities like the city of Seia, and leading research institutions like the Polytechnic Institute of Guarda to ink long-term partnerships aimed at attracting highly qualified business executives, investors, and entrepreneurs to the area.

The author, Sónia Jerónimo is currently co-founder of GO IT Concept & Ambassador at Fá[email protected] Empreendedorismo in the Municipality of Seia. She was previously Entrepreneur & Board Advisor and passed through Winning as COO and Board Advisory. She is also an ICC certified international coach and mentor at Start-up Lisboa and Start-up Braga.

The article focuses on Empowered’s work and local municipal partnerships with Seia in helping to create a Portuguese Silicon Valley, the “Seia Valley.”

“In Portugal, Empowered Startups operates with the HQA Program – Highly Qualified Activity to attract highly qualified entrepreneurs and professionals, bringing business leaders, entrepreneurs, and subject matter specialists to invest and collaborate in research and development projects with Universities and Polytechnics.”

The author goes on to state, “This partnership is a strong contribution for the city of Seia to constitute a privileged place of choice, to live, work, undertake and to innovate.”

Our HQA team at Empowered is thrilled to be working alongside the Portuguese national government, local administrations, universities, investors, and local startup ecosystems like PACT in Portugal to bring innovative projects and ideas from international entrepreneurs to Portugal.

About Empowered Startups
Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, France, the United States 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. Apply for our programs online at empoweredstartups.com

3 Blockchain & Web3 Startups In Portugal to Watch in 2022

3 Blockchain & Web3 Startups In Portugal to Watch in 2022

3 Blockchain &Web3 Startups In Portugal to Watch in 2022

In an interview with Forbes, Diogo Monica, President and Cofounder of Anchorage indicated that: “In Portugal, everyone’s excited about deep tech. Portugal has some of the world’s best distributed systems research groups, and so anything that has to do with blockchain is pretty exciting there.” As a company who mentors and incubates several international startups in Portugal, we agree! Here are 3 Web3 & Blockchain startups to pay attention to in 2022.

Zharta

Zharta is a real-time NFT loan platform for borrowers and lenders. Zharta allows you to get instant loans with your NFTs without losing ownership over them.

Void Software

Void Software specializes in system design and architecture, cloud computing, media asset management, integrations, building of APIs and UI/UX design. Their portfolio includes projects in several mediums including: artificial intelligence, distributed processing, augmented reality, virtual reality, blockchain, cybersecurity, digital forensics and digital data preservation to name but a few.

Talent Protocol

Talent Protocol enables users to use tokens to essentially bootstrap their careers and win over backers. ‘Talent Tokens’ can be purchased on the Web3 platform – it’s kind of like investing in shares in someone’s career, where both the undiscovered talent and their supporters get paid dividends over time.

About Empowered Startups
Empowered Startups is an Innovative Startup Incubator and foundry headquartered in Vancouver, British Columbia, Canada. With offices in Canada, the United States, 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. Our training tools and mentorship are used and recognized by leading global university labs, Startup incubators, and innovation hubs. 

Photo by GuerrillaBuzz Blockchain PR Agency on Unsplash

Currently Seeking: Cleantech Entrepreneurs for Portugal’s HQA Visa Program

Currently Seeking: Cleantech Entrepreneurs for Portugal’s HQA Visa Program

Currently Seeking: Cleantech Entrepreneurs for Portugal’s HQA Visa Program

Portugal’s HQA Visa is often described as a hybrid program that combines the outdated means-based Golden Visa with a Startup Visa. The HQA program essentially gives qualified entrepreneurs the ability to establish their own company in Portugal while making an investment in an R&D project in collaboration with a government supported research facility (a Portuguese university).

In late August the University of Algarve announced a new tech center that is dedicated to the growth of renewable energy projects.  The objective of this technological hub is to develop research, research, and implement energy solutions.

Around €7.2 million is being invested in the plan, with around 55% (€4 million) being covered by community funding via the CRESC Algarve 2020 programme.

The goal is to have five medium-high and high-technology companies based at the hub by 2024.

If you are a cleantech entrepreneur or an accomplished business person with a cleantech idea you’d like to explore/invest in, Portugal’s HQA Visa Program could be an excellent fit for your global mobility – with the added perk of additional supports through this new initiative.

Read more about this new initiative by Associação Parque Tecnológico do Algarve here.

Request more about the HQA Visa Program Here

 

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 Singkham