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AIMA Portugal > Blog > News > Albufeira Hosts Global Tech Startups Compete For €300,000 In Funding
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Albufeira Hosts Global Tech Startups Compete For €300,000 In Funding

Thomas
Last updated: 2025/01/14 at 4:20 PM
Thomas
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Albufeira will host a global special event for tech startups on January 30. These businesses will pitch their concepts to foreign financiers in an attempt to raise up to 300,000 euros. There will be a 9:30 am start time for the event at Le Club.

Contents
Albufeira Global Tech StartupsOpen To All EntrepreneursWhy Choose Albufeira?Big Opportunity For Startups

The event is organised by Dengun which is a digital agency and startup accelerator based in the Algarve. Dengun’s goal is to support new businesses and help them grow. This event is part of their effort to boost innovation.

Read More About: How The Simplex Program Is Transforming Development In Portugal Housing Market

Albufeira Global Tech Startups

Albufeira Global Tech Startups
Albufeira Global Tech Startups

Twelve startups from different countries will take part in the event. These include Portugal, United States, Canada, Spain, France and United Kingdom. They were selected out of about 400 candidates. The startups will provide a range of concepts and solutions.

Dengun head of marketing Jorge Cabaço said the goal is to help these startups become high value companies. He explained that the event will give them free access to important resources. This can make a big difference in their journey.

The startups have already completed six weeks of mentorship and workshops. They received advice from experts and improved their business strategies during this time. Now they are ready to present their ideas to investors. Dengun shared on social media that the founders are excited and well prepared for the event.

Open To All Entrepreneurs

The Dengun Founders Program is open to entrepreneurs at all stages of their projects. It helps new businesses in several sectors, including artificial intelligence. No matter where an entrepreneur is in their path, this program has been developed to help them succeed.

Additionally participants get free office space in the Algarve for three months. This helps them become part of a community of innovators. Working in this environment allows them to build connections and learn from others.

The program offers more than just the chance to secure funding. It also helps entrepreneurs with practical matters such as obtaining a European Union visa. This is especially helpful for international participants who want to expand their businesses to Europe.

The program has strong support from local institutions. For example, the University of the Algarve is one of its partners. This partnership gives participants access to more resources and knowledge.

Why Choose Albufeira?

This type of event would be ideal in Albufeira. The city is well-known for its vibrant environment and stunning beaches. However it is also becoming as a center for entrepreneurship and innovation. Albufeira’s hosting of the event demonstrates the Algarve’s commitment to helping new businesses.

The region’s appeal goes beyond its natural beauty. It has a growing number of initiatives aimed at fostering innovation. This makes it an ideal location for startups and investors to connect.

This event is an important moment for the twelve finalists. Securing funding can help them take their businesses to the next level. But the benefits of the program go beyond money. The mentorship and resources they receive will help them succeed in the long term.

The event will showcase a variety of innovative ideas. This reflects the creativity and hard work of the startups involved. For the investors, it is a chance to find new projects to support and help shape the future of technology.

Big Opportunity For Startups

This event is more than just a competition. It is a celebration of entrepreneurship and innovation which also demonstrate how international cooperation can produce amazing results.

The Dengun Founders Program is helping to shape the future of the tech industry. It gives startups a place to develop and grow. Additionally it promotes creativity and technological progress.

The following event in Albufeira is expected to be inspirational. It is a chance to secure funding and build valuable connections for the startups. For the Algarve, it highlights the region growing role as a hub for innovation.

Investors are interested to learn about fresh prospects and businesses are prepared to present their ideas. Events like this show that the future of technology is bright. They help pave the way for groundbreaking ideas and lasting impact.

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Thomas January 14, 2025 January 14, 2025
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