Evora, Portugal – September 26, 2023 – In 2016, the Portuguese government began their push to becoming the Silicon Valley of Europe, and with each year since, the country has welcomed thousands of tech startups.
Tech Entrepreneurs Flocking to Portugal
Empowered Startups’ HQA Visa program continues to see exponential growth in applications. With more than 3.4 million euros of research funding coming to territorial regions of Portugal in the past year, it’s the perfect place to incubate a start up. Tech entrepreneurs are increasingly seeing the benefits of starting or expanding in Portugal, taking advantage of excellent R&D facilities at the many universities and polytechnics that Empowered Startups has partnered with.
Golden Visa No More?
While the Golden Visa is nearing its end, the HQA Visa program is just picking up momentum. With a lower initial investment, and individual support throughout the process, Empowered Startups is helping tech startups find new and exciting opportunities in Portugal.
Silicon Valley Vibes, Portugal Cost of Living
Costs continue to skyrocket throughout the US, especially in Silicon Valley, and Portugal offers a picturesque alternative to the status quo. The standard of living in Portugal is far superior to cities in the States, from food to housing to healthcare, those who immigrate to Portugal have a lot to look forward to.
To ensure that HQA Visa participants see the most success with their new venture, Empowered Startups partners entrepreneurs with the university or polytechnic that specializes in the subject matter of their project. With access to research assistants and PhD candidates, entrepreneurs can be assured that their R&D is in the right hands.
Find out how you can join the tech startup movement in Portugal – ask about our HQA Visa program today.