Lisbon mayor promises to set up unicorn factory for tech startups in city next year

“The Lisbon Unicorn Factory will be the place where we teach the details and the process so that young people can transform their ideas into great businesses, create jobs and change the world and have a purpose”, reinforced Carlos Moedas.

And he left a message for Web Summit participants: “Whatever you do in life, whatever

 your project is, dream big, go deep into the details”.

Because “that is what can change the world, and if you do that I can only tell you one thing: Lisbon is the right place to do it”, he stressed.

This is because the Portuguese capital “is the only city” that connects “details with dreams”, he pointed out.

Therefore, “come and stay in Lisbon, it is a city open to you”, he concluded.

The Web Summit takes place between November 1 and 4 in Lisbon, in face-to-face mode, after the last edition was ‘online’. The organisation expects around 40,000 participants, according to Paddy Cosgrave, executive chairman of the summit.

Comedian Amy Poehler, Microsoft president Brad Smith, European commissioner Margrethe Vestager and football player Gerard Pique will join more than 1,000 speakers, about 1,250 startups, 1,500 journalists and more than 700 investors, in a summit in which topics such as technology and society, among others, will be discussed, according to the organisation.