What it is about

The India Portugal Startup Hub is a platform developed by Startup India in collaboration with Startup Portugal to strengthen and foster the connection between the Indian and Portuguese startup ecosystem.

Aim

The Hub aims to be a dynamic and interactive platform that will facilitate learning and development, networking, mentorship, and funding for startups. The idea behind the platform is to aggregate different offerings of the ecosystem and enable discovery by the right audience.

Invest India

The initiative falls under Invest India, the official Investment Promotion and Facilitation Agency of the Government of India. Prime Minister Narendra Modi launched "Startup India" initiative on January 16, 2016, with an aim to nurture innovation and startups, which will drive economic growth and employment opportunities in the country.

India's ecosystem

The Portuguese startup ecosystem will have access to transparent and concise information that helps both founders and investors to understand the Indian startup ecosystem.

European expansion

Indian startups and investors pursuing an international strategy can benefit from the India Portugal Startup Hub through a successful soft landing into Portugal as a starting point for European expansion.

Accessibility

Startup India Hub has partnered with various organisations to onboard entrepreneurs and investors, as well as build knowledge modules. To ensure accessibility across various platforms, dedicated apps are also available on both Android and iOS.

One-stop-solution

"The Hub has also aggregated over 50 relevant government schemes or programs. In the next phase, the platform will also aggregate schemes available across various state governments. To provide a better user experience, the platform has been enabled to build smart intelligence along with Chatbots to automatically collate, update information, and respond to queries," Sitharaman had said while inguarating the portal.

Launch

The Hub was launched on June 20 by Minister of State for the Ministry of Commerce and Industry Nirmala Sitharaman along with Secretary DIPP Ramesh Abhishek,Invest India CEO Deepak Bagla, and Joint Secretary DIPP Rajeev Aggarwal.

