Latest news and stories about government support in Portugal for expats and residents.
Roof tiles torn off, solar panels destroyed, and chestnut trees knocked down in seconds. The village in the Trás-os-Montes region wants to be included in the support schemes created for winter storms.
The Minister of Agriculture is asking interested parties to submit applications for government support created following the storms. “If I were to close the application process now, I would only be distributing a little over one million euros in relation to what was a brutal impact.”
It has been two months today since Storm 'Kristin' devastated parts of the country, and hundreds of families and businesses are still awaiting reconstruction aid.
Portugal has successfully evacuated approximately 500 citizens from the Middle East amid heightened regional instability caused by recent attacks and escalating military tensions. The evacuation primarily involved commercial flights and special arrangements organized with other countries, ensuring safe departures from various Gulf locations. Notably, 73 Portuguese passengers aboard a Dubai cruise were stranded for about a week due to security concerns but have now begun returning via organized flights. The Portuguese government provided diplomatic support and maintained contact with those on the cruise, despite challenges in direct communication. The Dubai airport has resumed operations, facilitating the departure of travelers, including Portuguese nationals. The evacuation occurs amidst ongoing conflict and increased international alertness, with Portuguese authorities monitoring the situation for further support needs.
The mayor of Alvaiázere says the Government's support measures for areas affected by the bad weather are “a good start”, but does not know whether they will be sufficient. Around 60% of the municipality's population already has electricity.
The president of Portugal Fresh says that “many companies in the sector suffered huge losses and need to restore their productive capacity.”
BE today considered the support approved by the Government in response to the effects of Storm Kristin to be 'totally insufficient', saying it hopes the measures are only a 'first emergency tranche' and never the upper limit of public intervention.
Companies are requesting a readjustment following the announcement of public financial support to improve the comfort and energy efficiency of homes. Loans are intended for home improvement works.
“We are here as the city of Porto, but with strong support from the Portuguese government, because we believe that Porto has exceptional conditions to host this European agency, which is of extraordinary relevance for the entire European space, for the continent, and can even have a very significant global impact,” said ...
This article highlights Lisbon as a vibrant hub for innovative startups in 2024, supported by Portugal’s favorable climate, safety, cost of living, and government incentives. Notable startups include Rauva, which simplifies business registration; Neuraspace, using AI to prevent space debris collisions; Bhout, creating smart fitness equipment; MyCareforce, connecting healthcare workers with shifts; Oscar, offering quick booking of home services; Glooma, developing a smart glove for early cancer detection; Sheerme, booking wellness services; Sqill, an AI social media video editor; Ubbu, teaching coding to children; Paynest, managing employee finances; and others in health, space, and tech sectors. Portugal’s startup ecosystem is thriving, with strong government support and a growing reputation as a European innovation center.
This article highlights the top Portuguese startups that experienced significant growth in 2023. Portugal's startup ecosystem is thriving, with over 2,200 registered startups and substantial funding, including €125 million support from government initiatives like Startup Portugal. The country boasts a diverse industry landscape, including sectors such as IoT, healthcare, enterprise software, and marketing. Key startups featured include: - TMRW Sports: A sports tech company founded in 2021, focusing on innovative sports, media, and entertainment experiences, with $14.7M in funding. - Casafari: A Lisbon-based real estate data platform established in 2017, which has raised €119.2M. - Promptly: A health data analytics startup from Porto, founded in 2018, with $4.6M in funding. - Exclusible: An NFT marketplace for luxury brands, founded in 2021, raising €7.2M. - Didimo: Specializing in 3D and AI tech, founded in 2016, with $15.9M raised. - Smartex.ai: An AI-driven textile inspection company from Porto, founded in 2018, with over $27.6M in funding. - NAORIS: An AI and cybersecurity firm founded in 2020, which has secured $11.5M. The article emphasizes Portugal's supportive environment for startups, including government funding, a growing investor interest, and a vibrant entrepreneurial culture across various industries.
