Innovation is happening inside Portugal thanks to a technology start-up campus in the heart of the country. Coimbra, located in the Centro region, is home to the TecBis project – a business accelerator project for young, innovative and ambitious companies looking to make it in the international market.
Run in two dedicated office buildings that can host up to 25 businesses and 600 people, TecBis helps small businesses find partners and access technological support at the University of Coimbra and other universities and technology transfer organisations in the country and abroad.
Open since 2014, the unit is a continuation of the region’s hugely successful IPN incubator, which was created in 1991.
Attracting top talent
The new investment has provided the IPN campus with a job boost. Before TecBis, there were 400 highly-qualified workers on site. That number rose to 1,000 by the end of 2016, and includes 550 jobs based in TecBis SMEs.
At the end of 2016, the business accelerator programme was hosting 23 SMEs with an annual aggregated turnover of more than €50 million and an average internationalisation rate of more than 71%.
Despite EU financial support ending in 2014, TecBis is now self-sufficient and a role model in the country.