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Portuguese Startups Present their Immersion Results at the CMU Portugal Program

Portuguese Startups Present their Immersion Results at the CMU Portugal Program
The immersion adventure in the United States of the three inRes teams, Connect Robotics, Wesens and Caterpillar Math, began in Pittsburgh in October 2017 and then moved on to Silicon Valley, where they were joined by the 2016 inRes teams, All in Surf, Helppier, Soft Bionics and TWEvo. Together, they participated in the last experience of this program, the “Entrepreneurial week”.

It was seven weeks of immersion in the American entrepreneurial context of Pittsburgh and Silicon Valley, as part of the inRes program. All participants consider this experience to be decisive for the development of their projects, consolidation of business ideas and establishing contacts with top companies in their activity areas, thus paving the way for entry into the market.

Investments of €75.000 euros from the European Space Agency (ESA), funding for Horizon 2020, hundreds of contacts with potential clients and companies, consolidation of business plans, improvements to products under development, contracts signed with customers for testing and countless doors open to potential investors. These are some of the results achieved by the teams of entrepreneurs who participated in 2016 and 2017 in inRes, the business accelerator of the Carnegie Mellon Portugal Program, funded by the Fundação para a Ciência e Tecnologia.

Read the Portuguese article at StartUp Magazine Online (February 07, 2018)