To ensure the best participation of the six start-ups at the Web Summit, as well as of all the start-ups incubated at Vodafone Power Lab, the operator’s entrepreneurship and innovation support programme will provide two workspaces between 7 and 10 November – one more formal with a meeting room, and the other more relaxed with a lounge – at the head office of Vodafone Portugal, just a few metres from the site of the Web Summit. The entrepreneurs will therefore have access to the best working conditions, particularly for mobile and data communications.
About Vodafone Power Lab
Vodafone Power Lab is a programme designed to encourage innovation and entrepreneurship initiated by Vodafone in 2009. Its aim is to encourage the creation of technology projects in the telecommunications sector through support for incubation, mentoring, workshops and training, and providing the working facilities to enable new companies to develop.
Every year, Vodafone Power Lab receives between 300 and 400 applications seeking support, with the largest share coming through the acceleration programmes it has in Lisbon (Lisbon Labs AUDAX – ISCTE) and Porto (UPTEC) and through its annual pre- acceleration competition, BIG Smart Cities, one of the main Vodafone Power Lab initiatives that illustrates how the support provided by this programme can be instrumental in the realisation, development and successful launch of a business idea on the market.
In addition to leasing co-working space and supporting start-ups with mentoring and training, Vodafone Power Lab also promotes contacts with investors and supports the launch and promotion of their products on the market. Vodafone Power Lab’s various initiatives have so far helped 83 projects and contributed to the creation of over 200 new jobs.