Europe’s tech center is now home to over 128.000 companies. The last decade has seen unprecedented growth in funding, jobs, and valuations. So why exactly are startups and established giants coming to Europe?

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  • The US Is still where most deals happen for startups but that might change as Europe’s tech center gains momentum.


Although many companies pulled off relatively seamless transitions to operating fully remote, we are now discovering unforeseen consequences of the sudden switch.

The pandemic introduced additional complexity to the equation: typically, even in a natural-born fully remote company, employees aren’t caring for schooling kids while on the job, they’re not prohibited from seeing friends, working from a coffee shop, or going to the gym.

When home becomes the workplace, many are the unexpected effects, positive and negative, on employees’ mental health, creativity, recruitment, salaries, office culture, cybersecurity, access to opportunities, carbon footprint, and the overall employee experience.

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For many companies struggling to cope with the novel coronavirus, there was little choice but to resort to remote work. Google, Apple and Twitter, were among the firsts to make this a permanent arrangement at least for some of their employee already in March 2020. …


A young ecosystem, a vibrant tech community, an amazing lifestyle, and a world-class talent: these are the key factors attracting foreign companies to Portugal. Many are the players promoting our country as the perfect tech destination; a major one is AICEP, an independent public entity of the Government of Portugal, with the goal of attracting foreign investment to Portugal and supporting the internationalization of Portuguese companies into the global economy.

We spoke with AICEP Director in San Francisco, Teresa Fernandes, and asked her about AICEP’s upcoming initiatives.

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BRIDGE IN — According to Atomico’s 2019 and 2020 reports “State of European Tech”, Europe is closing the gap with the United States in terms of VC funding. We recently had the opportunity to speak with an investor in a pan-European VC (Yannick Oswald) who rightly emphasized that the European tech ecosystem is much younger and therefore more oriented towards disruptive solutions, able to raise interest internationally. The ecosystem in Portugal is even younger than in the rest of the continent and more and more people are talking about our country as one of the most innovative. In your experience at AICEP, which industries in Portugal have the most potential to attract foreign investment?


No matter what expansion strategy you put into place, BRIDGE IN can help you register a company in Portugal, or simply hire skilled talent through its Employer of Record services.

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Setting up a business in Portugal means you will have a strategic geographical position: while allowing you to enter the European single market, Portugal is also the natural gateway between EU and other major world markets in North and South America. For historical reasons, Portugal also holds strong ties with the largest African markets as well as with many Asian countries.

Companies such as Cloudflare, Salsify, Uber and Dashlane have built tech, sales, and customer success teams in Portugal; top-notch technology and infrastructures, a business-friendly environment and a cost-competitive & highly skilled workforce are some of the reasons why successful startups and scale-ups worldwide have chosen Portugal as one of their outposts. …


Wendy van Leeuwen, Co-Founder of Secret City Trails, tells us why she picked Lisbon to build her tourism startup.

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BRIDGE IN — Let’s start from the beginning: tell me a little bit about your background, where have you been, what companies have you worked for and what did you learn that made you realize you were ready to start your own project.

Wendy — I did part of my Bachelor's in Madrid and at a certain point I thought “I love Southern Europe! Where can I do my MSc?”. Since Lisbon is nearby I literally came here for 24 hours and fell in love with the city instantly. Looking for Master’s programs, I found the Master in Management at Nova School of Business and Economics (I did it in 2009 and 2010). I specialized in Human Resources and ended up writing my MSc thesis at Microsoft in the Netherlands, about “What types of organizational environments help people discover and develop their talents?”. …


Everything began on a hopeful note — as all new years do. Very soon, however, it transformed into the year that introduced a “new normal” to the world and gave a whole new meaning to the phrase “unprecedented times”. A lot of bizarre things have already happened in 2020:

  • The first prize goes to the coronavirus pandemic


  • Professional employer organizations (PEOs) are significantly different from traditional staff outsourcers, with transparency and financial incentives alignment being critical advantages.

If you’re looking to expand your business to Portugal using a lower-risk model, engage the services of a PEO and contact us today.

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As a successful business owner, it is only a matter of time before you start mapping out a plan for your expansion. As part of your market-entry strategy, you will be likely to explore all the advantages and pitfalls of establishing a satellite office abroad and therefore creating a legal entity for your company in another country. With these options comes the hefty task of understanding and complying with local employment law and trading regulations. In many cases, such operations are time and resource-intensive, especially if you are considering moving to a country with a different official language than yours. …


Companies are looking into relocation as a way to mitigate the risks of a hard Brexit. As Amsterdam and Frankfurt grab headlines, Portugal has been quietly preparing. Here’s why companies should consider it for their next move.

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Relocations, closures, layoffs, stockpiling, staff relocation and plans put on hold — firms bracing for Brexit have spent hundreds of millions of pounds on contingency planning. According to the UK’s own National Audit Office, as of 2020, even for UK Government Departments,

  • The UK has now exited the EU and is currently in a transition period until the 31st of December 2020. …


An Interview with José Alberto Rodrigues, Managing Director and Site Manager at Zoi

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The concept of Company Culture is widely used among HR professionals, and it has been changing the way we think about work. It urges us to consider how we can successfully conduct business while ensuring employees’ wellbeing and happiness. How do you keep your company culture if you expand internationally? How do you adapt to a new country as a company? We discussed these and other topics with José Alberto Rodrigues, Managing Director and Site Manager at Zoi.

BRIDGE IN: Hi José, let’s start with an introduction — what is the path that led you to your current position at Zoi? During my research I saw that you worked for large companies, mainly in Angola and West Africa — how did you transition from big corporates to the leaner world of startups?


In 2016 film director Michael Moore warned the world that Trump would defeat his opponent Hillary Clinton. And in fact, he won. This year, at the end of August, the American filmmaker shared on his Facebook page another dooming prophecy: “Are you mentally prepared to be outsmarted by Trump again?”.

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As many say, the November 2020 election will be probably a critical point in history — not only for the USA but worldwide, considering the central place the United States today holds in the world stage. It will be a key political event in our lifetime: for the decades to come, we will be discussing what happened in America in 2020. …

About

BRIDGE IN

BRIDGE IN helps companies set-up their tech hub and hire talent in Portugal. We are the OS for distributed teams.

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