Latest news and stories about innovation in finance in Portugal for expats and residents.
Portugal possesses a distinct set of advantages that make it an appealing destination for international business hubs and startup companies.
The launch of a major competition during the summer months reflects a bureaucratic approach that fails to align with the practical needs and operational realities of businesses.
Portugal achieved a record 368 European patent applications in 2025, marking a 6.1% growth driven primarily by advancements in computer technology and contributions from national universities and companies.
The Portugal 2030 Annual Notice Plan has been updated once again. Between September of this year and August 2027, 172 notices will be launched, totalling around two billion euros. However, the usual update brings some changes. The support competitions for productive innovation under Compete, known as the operational programme for companies, ...
The company's administrator aims to create a “high-altitude unmanned system” at the Gonçalves Lobato Municipal Aerodrome in Viseu. “There are not many in the world,” he states.
With 90% of global footwear production concentrated in Asia, the Portuguese industry is concluding a 100-million-euro investment in sustainability, digitalisation, artificial intelligence, and new technologies to position Portugal as a leading industrial alternative. The president of the Portuguese Footwear, Components, Leather Goods and Substitutes Association (APICCAPS), Luís Onofre, highlights that the strategy focuses on innovation and high-value production, while the sector faces challenges from geopolitical conflicts and logistical disruptions. Despite global stagnation in production, Portugal maintains a strong industrial base and a positive trade balance, distinguishing itself from competitors like Spain by prioritising domestic manufacturing over re-exports.
Portugal is the 18th largest footwear producer, with China maintaining the lead. The Portuguese industry continues to invest in manufacturing, innovation, technology, and quality.
Portugal's investment in Science and Technology Parks, through Tecparques, represents a commitment to the future. The goal is to foster innovation parks that serve as platforms for a new strategic model for the Portuguese economy. In this global order, boosting Science Parks is essential. These parks act as a test for finding solutions linked to innovation and knowledge, creating conditions for future growth. The role of key companies, civil society, and regional actors is decisive in this collective effort. Success requires a serious, ambitious commitment to internationalisation and global value creation, moving beyond mere decrees. Innovation, knowledge, and creativity are the keywords for a strategy focused on employment and wealth. While the State must regulate with strategic rigour, the key lies in local capacity—municipalities, universities, and business associations must form a strategic pact for their territories. Science Parks must lead this change, anticipating market expectations and operating in a networked, competitive logic to drive the country's economic evolution.
The second quantum revolution presents us with a scientific, economic, and political choice. We can wait for others to develop the computers, or we can build our own knowledge.
Porto Business School suggests that Portugal has the potential to develop three major international companies in the deep tech sector.
Portugal is experiencing a period of moderate economic growth, with GDP rising by 2.5%, driven by the final boost of European funds. While this opens opportunities in technological innovation, it also highlights structural challenges in competitiveness and skills. Despite these opportunities, entrepreneurship remains demanding, with challenges such as access to capital, geopolitical instability, bureaucratic complexity, and talent retention. However, the green transition, Artificial Intelligence, and the silver economy are creating new business models. Cascais is committed to fostering this ecosystem, notably through the Cascais Ideas and Business Competition (CINC), which supports entrepreneurs in turning their projects into reality, as demonstrated by the 2024/2025 winner, Safety Scope.
The Brazilian firm MJV has introduced a new AI-driven platform in the Portuguese market designed to simulate consumer behaviour through digital twins, allowing companies to evaluate products prior to their official release.
An analysis on why Portugal needs to proactively invest in and prepare for the integration of quantum computing technologies.
The event gathers representatives from Portugal, Spain, and Latin America to discuss innovations in the insurance technology sector.
A reference to the Brazilian news outlet operating within Portugal.
Companies are increasingly the engine of change in Portugal. There is a need for businesses capable of projecting a dynamic of constant value creation and a focus on creativity. In a time of change, where only those who can anticipate market expectations and manage through networks survive, companies must act as disruptors, driving innovation and high standards. AI plays a central role in this, acting as a strategic driver of modernity. By leveraging the 'three Ts'—Talent, Technology, and Tolerance—and focusing on ICT, companies must become global actors that transform knowledge into wealth, ultimately defining Portugal's success in the global market.
Portugal is enhancing its standing in the European innovation landscape by leveraging the contributions of small and medium-sized enterprises.
The number of patent applications filed in Portugal saw a significant increase of 44% during the first seven months of the year.
Collaborative Laboratories (CoLAB) and Technology and Innovation Centres (CTI), whose funding ended on July 1st, will be able to apply for a 45 million euro financing line from Compete 2030. This is the solution currently found by the Executive to continue supporting the funded projects.
Collaborative Laboratories (CoLAB) and Technology and Innovation Centres (CTI) can now apply for a 45 million euro tender from Compete 2030 aimed at bringing scientific knowledge closer to the business sector. Applications opened on 12 August and close at 17:00 on 15 October, according to notice COMPETE2030-2026-7. The European Fund...
Seguro states that Portugal must focus on innovation and development rather than just being a consumer of foreign technology.
Resilience without sovereignty is an incomplete equation. Controlling data, its location, and processing is now essential to ensure the continuity, competitiveness, and innovation capacity of organisations and the country.
An overview of the Adamastor Furia, highlighting its status as the first hypercar to be engineered and developed within Portugal.
Portugal invested more than one billion euros in research and development for 2025, marking the third highest growth rate within the European Union.
João Reis, who holds a degree in mechanical engineering from the University of Porto and an MBA in production management, leads Geely's operations and its implementation in the national market. With a career spanning over two decades linked to innovation, business development, and digital transformation. At the Salvador Caetano Group, he held roles such as Digital...
