Startup Lisboa is an initiative of the Lisbon City Council, included in the wider strategic umbrella “Lisbon Creative City”, and a part of the city’s entrepreneurial ecosystem. The proposal to set up this incubator stemmed from the Council’s participatory budget of 2009/2010. A private non-profit association, it was founded in 2011 with the support from the bank Montepio Geral and the governmental agency IAPMEI – Agency for Competitiveness and Innovation. It is now a part of an urban regeneration project for Lisbon’s downtown area (Baixa), including the reuse of historical buildings. The most important incubator of the Lisbon network of business incubators, it supports entrepreneurs to develop business ideas that are innovative and ready for the market the market and attracts investment to support the growth of their business process.

According to Lisbon City Council statistics, the results have been impressive so far – the number of incubated startups rose from 45 in 2013 to 200 in 2015, up to 700 new workplaces have been created in 3 years, €5 million were raised by these startups.

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