Investir, Município

Lisbon wins "European Entrepreneurial Region of the Year 2015"

25, June 2014
  • [Translate to Inglês:] Lisboa eleita Cidade Empreendedora Europeia 2015
    [Translate to Inglês:] Lisboa eleita Cidade Empreendedora Europeia 2015

The Portuguese capital Lisbon received on 25 June in Brussels the European Entrepreneurial Region (EER) 2015 label, awarding the best regional strategies aimed at fostering entrepreneurship and promoting innovation among small and medium enterprises.


At the 107th plenary session of the EU Committee of the Regions (CoR), the Mayor of Lisbon, Antonio Costa (PT/PES), together with representatives from Northern Ireland (UK) and Valencia (ES), were awarded by President Ramon Luis Valcárcel with the 'Entrepreneurial Region of the year' label for the city's strategy to boost entrepreneurship and implement key European policies such as the Small Business Act (SBA) and the Europe 2020 Strategy for growth and jobs.


The EER Jury, composed of representatives of EU institutions and business associations, has specifically acknowledge the impact of Lisbon's efforts in positioning itself as an Atlantic business hub and Atlantic startup city, exploiting its geographic location as a gateway to the Americas, Africa and the EU. In particular, the identity of “Startup Cities” has been reinforced through an impressive set of initiatives such as “Empresa na hora”, allowing the creation of a new business in a very short time; the Startup Lisboa business incubator, which opened its doors in 2012 and is part of a urban regeneration project for the downtown area of the city (Baixa); the Lisbon Youth Entrepreneurship Programme that offers education and training for the youth in the areas of citizenship and ethics, career development, entrepreneurship and financial literacy; and the Lisbon Challenge that selects start-ups to receive top mentoring and support, including through sessions organised in Boston, London and São Paulo. 


"Lisbon is the first city that received the EER award. Its strategy outstandingly connects existing projects aimed at promoting entrepreneurship and innovation with new specific measures undertaken within the EER initiative's framework" pointed out President Valcárcel during the awarding ceremony. He also added that "the resulting strategy is a valid model of how cities and regions can translate Europe 2020 objectives in concrete actions, tailored on the local needs".


Mr Costa stated that: "Lisbon is a unique city with a great potential as an entrepreneur city, a real Start Up-City. This has been a priority for the Municipality of Lisbon, which has launched various articulated projects and programs with this objective. The vital steps have been; spaces for incubation and testing of new concepts (like StartUp Lisboa and Fab Lab Lisboa) ; financial instruments giving support to the entrepreneurs; entrepreneur programs in schools; networking between the different partnerships and spaces, like the Network of incubators of Lisbon, and the Week of entrepreneurship; promotion and support of important international events in Lisbon. Today, Lisbon is internationally recognized as a privileged destination for entrepreneurs, and has been highlighted as one of the best cities in the world for entrepreneurship, by the magazine Entrepreneur".




The Committee of the Regions


The Committee of the Regions is the EU's assembly of regional and local representatives from all 28 Member States. Its mission is to involve regional and local authorities and the communities they represent in the EU's decision-making process and to inform them about EU policies. The European Commission, the European Parliament and the Council are obliged to consult the Committee in policy areas affecting regions and cities. It can appeal to the EU Court of Justice if its rights are infringed or it believes that an EU law infringes the subsidiarity principle or fails to respect regional or local powers.