Lisbon startup entrepreneurs aim to create Berlin-style tech buzz


  • TECH
  • Wednesday, 02 Nov 2016

High ambitions: Lisbon is offering talented young people and low costs in the hope of creating a tech culture. Pictured are French startup company Moneytis founders Christophe Lassuyt (L) and Etienne Tatur (C) pose with their business development manager Sophie Froget at their office in Lisbon.

LISBON: Near a former red-light district around Lisbon's old Cais do Sodre docks, scores of young entrepreneurs are trying to leave depressing economic times behind and turn Portugal's capital into a hive for tech startups.

Just a few years after Portugal's debt crisis and bailout, their aim is to become the next Berlin in generating a cool 'tech buzz', offering talented young people and costs way below those in more established European centres.

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