UK Department of Business and Trade at the British Embassy and London & Partners sign agreement with Unicorn Factory
The British Embassy’s Department of Business and Trade and London & Partners have signed an agreement with Lisbon’s Unicorn Factory.
Signed last week, the collaboration underscores the power of partnership and the work that Unicorn Factory Lisboa is doing to foster the Portuguese tech ecosystem.
Thibaut Barde (right in picture), VP – Business Development Europe at London & Partners said: Unicorn Factory’s “dedication to innovation and growth is truly inspiring.
“While we celebrate this milestone, it is important to note that London and the UK remain the leading tech hub in Europe. Our vibrant ecosystem, supported by a rich talent pool, robust infrastructure, and a thriving investment landscape, continues to set the standard for technological advancement and entrepreneurial success.”
And added: “We want to supercharge business growth between Lisbon and London and the wider UK by building a dynamic innovation corridor and creating global opportunities for entrepreneurs.”
A note from the British Embassy in Lisbon posted on Linked-in states: “The Department for Business and Trade (DBT) is thrilled announce the signing of a Memorandum Of Understanding (MOU) with Unicorn Factory Lisboa. (In photo – Ana Cristina Abreu, Head of Foreign Direct Investment (FDI) at the Department of Business & Trade – British Government)
“This partnership aims to leverage the strengths of both organisations to create a dynamic ecosystem that fosters innovation, accelerates business growth, and enhances global competitiveness”.
Under the terms of the MOU, DBT, London & Partners and Unicorn Factory Lisboa will work together to promote cross-border collaboration by facilitating the exchange of ideas and expertise with local advisory, support startup growth through the access to mentorship, funding, and networking opportunities, develop joint programmes and initiatives that drive technological advancements and innovative solutions, and contribute to the economic growth of both regions by supporting the creation of high-value jobs and attracting investment.
“This agreement marks an important milestone for cross-border collaboration in innovation. By joining forces with London & Partners and DBT, we are building a dynamic corridor for growth between Portugal and the UK, a key innovation ecosystem.
“We look forward to bridge ecosystems and create global opportunities, together”, said Gil Azevedo (Pictured left), Executive Director, Lisbon Unicorn Factory.
