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Hub71 and Unicorn Factory Lisboa Partner to Drive International Startup Expansion

Hub71 and Unicorn Factory Lisboa Partner to Drive International Startup Expansion

Tech leaders formalize startup partnership

A new strategic partnership has been formed to accelerate cross-border innovation and entrepreneurship between the UAE and Portugal. Although the agreement was announced at a major global tech summit, the collaboration extends far beyond the event, since it is designed to link two dynamic startup ecosystems. Moreover, the partnership builds on ongoing efforts to position the Middle East and Europe as a unified corridor for innovation, allowing founders to access broader markets, capital, and growth opportunities.

Under the agreement, both entities will develop a coordinated framework that enables startups to scale internationally. Additionally, the partnership includes exchange programs, shared resources, and cross-market pathways that help founders expand across Europe, the UAE, and the wider MENA region. Because of this structure, startups will benefit from improved visibility, smoother market entry, and greater access to investors.

Empowering Startups Across Regions

The partnership reinforces the region’s expanding role as a global hub for innovation and entrepreneurship. Furthermore, by connecting with international partners committed to innovation-driven growth, the initiative supports broader economic development. As startups gain new routes to scale globally, they also gain access to opportunities that help attract investment and contribute to sustainable growth.

Launched in 2022, Unicorn Factory Lisboa supports entrepreneurs through incubation, acceleration, and scale-up programs. Since its inception, it has assisted more than 820 startups with a combined valuation exceeding 1 billion euros. Consequently, this track record strengthens the impact of the collaboration and ensures that growth-stage founders benefit from established support systems.

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Expanding Global Opportunities for Founders

During the summit, representatives from the UAE’s innovation ecosystem engaged with global investors, corporations, and tech leaders. Additionally, a delegation of partners and startups participated to promote the region as a launchpad for global ventures. Their involvement demonstrated ongoing momentum across both ecosystems, especially as founders seek new markets and pursue cross-border expansion.

Building on their partnership, both ecosystems hosted a side event to highlight programs and opportunities available across the Middle East and Europe. As a result, the event strengthened visibility, deepened connections, and showcased the potential for startups to expand through coordinated support. With continued collaboration, the partnership is expected to open even more pathways for founders seeking international growth.

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