PRESENCE OF MADEIRA IN THE WEB SUMMIT “IS FUNDAMENTAL” FOR MADEIRIAN COMPANIES

The president of the Regional Government visited this morning the Web Summit, which is taking place at the Altice Arena in Lisbon
Its presence in the world show had to do with the stand of the Region, which has 11 companies. For the governor, the presence of Madeira in that event is “fundamental” for companies based in the Region, which, according to Miguel Albuquerque, already have a relevant role at national and European level.
“Our presence here is fundamental for these same companies and startup companies, those that are emerging, establish partnerships and contacts, both with investors and with business partners to create scale,” commented the head of the Madeiran government.
Albuquerque also said that Madeira has been a pioneer in some projects, through the University of Madeira and Star Up Madeira. In addition, he stressed that Madeira offers tax benefits and not only for the fixing of technological companies.
“The great advantage of technology companies to be based in Madeira, apart from the tax advantages we have already approved, has to do with Madeira’s positioning being productive for the expansion of the businesses of these companies. From Madeira you can expand your business to everyone without any difficulty, both in terms of distance and logistical difficulties. We have a complement that is the attractiveness that the International Business Center can have for a group of companies, especially those that are consolidated in fiscal terms in the world market. “