Chinese group Huawei will increase its support for StartUP Portugal, the public company responsible for boosting young technology-based companies, under a partnership agreement recently signed in Lisbon.
The agreement, which aims to explore cooperation opportunities within Portugal’s entrepreneurship strategy, was signed at Web Summit, an international event focused on new technologies, which Lisbon hosted in the first week of November.
At this year’s Web Summit, Huawei provided equipment for the StartUP Portugal pavilion, according to a joint statement.
StartUP Portugal also has the mission of attracting both domestic and foreign investors to improve the financing of startups through all stages of development and to promote their growth in foreign markets.
Huawei’s communications director in Portugal, Diogo Madeira da Silva, said StartUP Portugal has had a “positive impact on the development of the entrepreneurship and innovation ecosystem,” and that the new partnership reinforces “Portugal’s position as a technology and entrepreneurial centre.”
As part of its 4th “Seeds for the Future” initiative, Huawei has selected ten students to join a training programme at its research and development facilities in Shenzhen, China.
The students selected are from the areas of Electrical Engineering and Communications and Information Technology, and come from several Portuguese educational institutions.
In addition to the opportunity for training and networking with Huawei engineers, students will also have a week of cultural experiences in Beijing.
In Portugal the Huawei group is involved in installing the 5G mobile phone network, having recently covered the city of Matosinhos, in the north of Portugal, with the new technology, in a partnership with Portuguese telecommunications company NOS.
Huawei is also involved in the launch of 4G and 5G mobile networking technologies in Mozambique and Cabo Verde, which are expected to help boost the economies of both countries. (Macauhub)