Ignition Programme
for the Portuguese ecosystem of
tech-based entrepreneurship
Version 2.3; Release date: 8th March 2013 | © 2013, Portugal Capital Ventures
Ignition Programme Opportunity
To achieve critical
mass for financing
Ecosystem
weaknesses
Deal flow Process
Available Funds co-invested by
FINOVA and managed by Portugal
Ventures (~ 20 M€)
Recurrent Annual funding ~20 M€
Fragmentation and difficulty
accessing seed capital to finance
the innovation and stimulation of
tech-based start-ups.
Ignition Programme
Launch to facilitate the
access of innovative tech
based projects to seed
capital
Expedite and organise the deal flow
process of projects in the proof of
concept, seed and early-stage
phases.
Version 2.3; Release date: 8th March 2013 | © 2013, Portugal Capital Ventures
The aim of the Ignition Programme is to create a
relevant impact on the development of tech-based
entrepreneurship
Sustainability
Financing
Talent retention
Inclusion
Culture and
Community
• Constant monitoring and evaluation of new ideas
• To finance innovation that fosters economic development
• Permanent creation of new start-ups
• Generation of opportunities for high-tech investors
• To promote private investments
• Reinforce job opportunities for highly educated young people
• To retain the migrant flux of young talent
• To reinforce the participation of the Portuguese territory as a whole in
the development of tech-based entrepreneurship
• To foster the Portuguese tech-based culture and community
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The Ignition Programme focuses on financing techbased projects which have global potential
Target
Sectors
Project
• ICT, Electronics & WEB (Information and Communications
Technology, Electronics and Social Web concepts);
• Life Sciences (Biotechnology, new technologies, products and
services for medical assistance, monitoring and alert, devices and
equipment);
• Endogenous Resources (Energy, Agri-food sectors, from the Forest
and from the Ocean), Nanotechnology and Materials
• Product-oriented (tradable goods and services)
• Based on R&D appropriable technologies that are referenced
internationally
• Innovative and differentiated at global scale
• Inserted into global value chains
• Significant global market potential
• Implemented with available resources
• Represent an original idea from the promoters
Version 2.3; Release date: 8th March 2013 | © 2013, Portugal Capital Ventures
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Ignition Programme Partnerships
PARTNERS
ROLE
• Active business incubators and business development
centres with with qualifications add experience in
governance and management
• Track record
• Access to infrastructures and R&D activities
• Administrative support services (secretarial, accounting &
finance, legal, procurement)
• Management and business development support
• Marketing support
• Networking
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Implementation of a national network for the Ignition
Programme
IGNITION
PARTNERS
NETWORK
AITEC Oeiras, Anje, Beta-i, BIC Minho, Biocant, Católica
Lisbon School of Business and Economics, CEDOC,
CEIM | BIC Madeira, Cotec, DNA Cascais, Fábrica de
StartUps, IADE, Incubadora D. Dinis, IPAM Aveiro, IPAM
Lisboa, IPAM Porto, IPATIMUP, Instituto Pedro Nunes,
ISCTE-IUL, Net, Parkurbis, StartUp Lisboa, TagusPark –
Parque de Ciência e Tecnologia, TagusValley –
Tecnopolo do Vale do Tejo, TEC LABS, Universidade de
Aveiro, Universidade do Algarve, Universidade da Beira
Interior, Universidade de Évora, Universidade do Minho,
Universidade NOVA de Lisboa, UTAD, Universidade do
Porto
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