The 5th edition of the Call Tourism from Portugal Ventures is now open. Call Tourism – Portugal Ventures aims to invest between €200,000 up to 1 million euros in non-technological and technological projects in Tourism. Submissions are open until 3rd july.

Call Tourism intends to identify investment opportunities that contribute to:

  • Increase the competitiveness of the country’s tourist offer;
  • Enhance the tourist experience in Portugal;
  • Improve the efficiency of businesses in the sector.

Non-technological projects

  • For hotel and similar projects, a municipal licence must have been issued by the date of submission;
  • Tourist entertainment activities related to cultural and landscape heritage;
  • Tourist experiences that encourage the exploration of new territories;
  • Activities linked to the use of endogenous resources and cultural space revitalization;
  • Innovative accommodation or that which directly promotes culture or the environment.

Technological projects

Have a Minimum Viable Product (MVP), preferably with market feedback and some confirmed customers:

  • Projects focusing on tradable goods or services that are part of international value chains;
  • R&D-based projects resulting from an innovative process to create a new technology, process or thing, or which improve technologies or processes already available on the market.
  • Projects based on disruptive technologies will be given priority;
  • Projects with a clear strategy to protect and enhance intellectual property.

Characteristics of the target companies

Incorporated companies or those to be incorporated, the projects of which must be an original idea of the founders, must have one or more of the following characteristics:

  • Are located in Portugal (mainland and islands);
  • Have a multidisciplinary team that can meet the management needs of the project;
  • Contribute to the benefits associated with the SDGs – Sustainable Development Goals (ESG – Environmentally Sustainable Governance) by offering solutions that encourage: The desmaterialisation of process and services; The recycling, reuse and reduction of waste; Combine clean energy; Improve energy efficiency; Improve water efficiency; Smart mobility.

Created in June 2012, Portugal Ventures assumed a decisive role in the financing and growth of the national entrepreneurship ecosystem. Over the years, we have worked to feed this ambition: to make Portugal Ventures a benchmark venture capital partner in Portugal, designing differentiated strategies for the growth, competitiveness and internationalisation potential for each of our portfolio companies.

Talk to our business advisor.