Latest news and stories about innovation in finance in Portugal for expats and residents.
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.
A new call for applications for the Business Research and Development (R&D) Incentive System for individual or co-promoted demonstration projects has recently been published under the Portugal 2030 framework. With a total budget of 12.5 million euros, this instrument aims to support initiatives that allow for the validation and demonstration of technologies in a real-world environment.
The establishment of a new-generation financial ecosystem, structured around innovations, some of which are disruptive, is a core component of the new emerging order. Opinion by Nuno Sampayo Ribeiro
Portugal is at the forefront of improving operational efficiency through the implementation of artificial intelligence across four European markets.
Open Cosmos Atlantic, operating in Portugal since 2022, has been selected by the European Space Agency (ESA) to lead a study and subsequently develop a European Earth observation satellite for civil and defence applications, a project that could evolve into a 25 million euro contract and place Portugal in a leading position.
The text argues that a company's worth is derived from the intelligent software or systems applied to hardware rather than the physical equipment itself.
The Portuguese government aims to promote the commercialisation of research and innovation within the maritime sector.
It is not every day that a Portuguese company sees its technology chosen by the Ministry of Defence of one of the largest Asian democracies.
The Portuguese economy faces major challenges, and a commitment to reindustrialisation should be a priority. Thirty years after Michael Porter's diagnosis, the central problem remains: the economic model must be reinvented or competitiveness will continue to decline. Portugal lacks a collective understanding that investing in dynamic competitiveness factors, within a balanced territorial framework, is the only path forward. A new industrial paradigm must focus on innovation and knowledge to drive social and territorial integration. The country has seen a shift towards a local service economy and progressive deindustrialisation, with only weak development in innovation-led clusters. A 'New Industrial Portugal' requires structural renewal of industrial sectors and the use of innovation to leverage market value. With the rise of Artificial Intelligence, companies must reposition their management models, focusing on value chains and collaborative, intelligent innovation. Attracting innovation-led Foreign Direct Investment and mobilising competence centres, while maintaining social and territorial cohesion, are essential to giving Portuguese competitiveness a new sense of opportunity.
Portugal is increasingly recognised as a key destination for technology and innovation within the European market.
The Portuguese government aims to promote the commercialisation of research and innovation within the maritime sector.
The brand Coti is expanding the reach of Portuguese-made products globally by focusing on a specialized hair towel.
BioShoes4All, a collaborative project in the Portuguese footwear sector focusing on bioeconomy, sustainability, and industrial innovation, has yielded over 200 scientific and industrial solutions after a 60 million euro investment over four years. The project, involving 69 partners and funded by the Recovery and Resilience Plan (PRR), resulted in new biomaterials, eco-friendly products, and technological advancements like AI and smart factories. APICCAPS president Luís Onofre highlighted that the project's greatest achievement is the strengthened collaborative capacity of the industry.
Portugal is advancing towards large-scale production of textile fibres.
Portugal is advancing towards large-scale production of textile fibres.
Portugal is classified as an innovation leader and is experiencing economic growth that exceeds the European Union average.
Portugal maintains its position as a moderate innovator while showing growth rates that exceed the European Union average.
The next great divide will be between countries that have put artificial intelligence to work and those that are still writing strategies about it.
Despite the financial collapse of Unbabel due to AI-driven market disruption, the Center for Responsible AI consortium, now led by Sword Health, has stabilized and expects to reach 150 million euros in export-driven revenue by the end of the year. Paulo Dimas highlights the consortium's resilient design, which includes redundant leadership and product strategies, ensuring that public PRR investments are protected and that innovative projects, such as digital physiotherapy and voice solutions for ALS patients, continue to transform the Portuguese National Health Service.
Approximately 500 staff members at the central bank of Portugal will participate in a trial using digital euros for payments.
Approximately 500 staff members at the central bank of Portugal will participate in a trial using digital euros for payments.
An analysis of how innovation serves as a solution to the various challenges currently facing Portugal.
The president of AI2 wants Portugal to be a 'Strong Innovator' in the European Innovation Scoreboard. He demands more public and private investment for a 'highly fragmented' scientific sector.
An analysis of the requirements for advancing Portugal's scientific and innovation sectors through structural development and ecosystem integration.
