Innovation News
Road 2 Web Summit Bootcamps Empower Startups in Porto and Lisbon
Road 2 Web Summit is a joint initiative by Startup Portugal and Web Summit to select the best young startups to represent Portugal at the biggest tech event in the world, Web Summit. For the 2024 edition, a total of 125 startups will be selected, with many of these projects being focused AI, Medtech, Fintech and Environmental Technology.
In a strategic initiative to foster innovation and empower startups, two impactful bootcamps recently unfolded in Portugal, specifically in Porto and Lisbon, where Joana Larsen and João Ribeiro, Lead Managers from the Innovation team, presented practical cases of Galps collaboration with startups and universities. Both bootcamps shared a common objective — preparing startups for the upcoming Web Summit and optimizing their overall experience during the event.
A highlight of the program was the opportunity for the 125 participating startups to compete to win 2 financial prizes and some benefits. The startup that demonstrated outstanding performance in both the bootcamp and the subsequent conference stood a chance to secure a €5,000 reward. One benefit for the selected companies to the Road 2 Web Summit was an immediate 50% discount on the ALPHA or BETA package of the Web Summit, which includes an exclusive physical space at the event and the participation on the Web Summit PITCH and Startup Showcase competitions, among other.
In the Web Summit Grand Finale, where Claudia Varandas, from the Open Innovation team, was a Jury - FRAMEDROP emerged as the "The Most Promising Startup" and the overall winner of this year's Road 2 Web Summit. Their remarkable efforts earned them a substantial €15,000 prize, propelling them closer to their entrepreneurial goals.
Recognizing excellence in various categories, Deeploy secured the title of "Startup With The Best Performance In The Bootcamp and Conference", being awarded with €5,000 as a token of appreciation for their achievements.
Road 2 Web Summit fostered growth, collaboration, and innovation within the startup ecosystem. As the winners celebrate their achievements, the program organizers proudly declare it a resounding success, setting a benchmark for future initiatives aimed at nurturing and propelling startups onto the global stage.
