The Call For Entrepreneurship is a new initiative by Portugal Ventures which aims to facilitate the access of innovative scientific and technological projects, in their Seed phase, to Venture Capital. Applications for the First Call can be submitted until 15th November in sectors such as Information and Communication Technologies, Electronics and WEB, Life Sciences and Endogenous Resources, Nanotechnologies and Materials.
In collaboration with its partners (Ignition Partners Network), Portugal Ventures intends to invest around 20 million Euros, per year, in projects stemming from the ideas of entrepreneurs which are product-oriented; innovative and distinctive; based on internationally recognized R&D work; positioned in global value chains, implementable with available resources; based on appropriable technology; and have significant global market potential. Projects selected by Portugal Ventures will benefit from an investment of between 100 and 750 thousand Euros, until a maximum of 85% of each project’s budget.
To read the original article: Portugal Ventures launches its first Call For Entrepreneurship | Latest - MIT Portugal Program
