Lisbon’s Business Landscape Transformed: Mayor Speaks on the City’s Appeal

In a recent address during the Web Summit 2024, Carlos Moedas, the Mayor of Lisbon, highlighted the city’s evolving business landscape. He emphasized that Lisbon is no longer just a venue for events but is becoming a prime destination for companies seeking to establish themselves in a vibrant and innovative environment. The mayor’s remarks come as the city continues to attract significant investment and entrepreneurial talent, particularly through initiatives like the Fábrica de Unicórnios.

The Role of Web Summit in Lisbon’s Business Growth

The Web Summit, one of the largest technology conferences in the world, has been instrumental in positioning Lisbon as a global business hub. The event attracted more than 70,000 attendees including entrepreneurs, investors, and trade delegations, creating a dynamic atmosphere for networking and collaboration.

Fábrica de Unicórnios: A Catalyst for Startups

The Unicorn Factory initiative is a key component of Lisbon’s strategy to nurture startups and attract talent. This program aims to create a supportive ecosystem for entrepreneurs, providing resources, mentorship, and funding opportunities.

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Conclusion

Carlos Moedas’ vision for Lisbon as a thriving business hub is becoming a reality, thanks to initiatives like the Web Summit and the Unicorn Factory Lisbon. As the city continues to evolve, it is poised to become a leading destination for companies looking to innovate and grow in a supportive environment. With its strategic advantages and commitment to fostering entrepreneurship, Lisbon is indeed a city where businesses with global ambition, want to be.