Launched in November 2017, the scheme allows Macau entrepreneurs to explore business opportunities in Portugal, and to exchange new ideas with their Portuguese counterparts.
During a period between January 1, 2018 and September 15, 2019 a total of 57 entrepreneurs – between 18 and 41 years of age – were accepted in the program with some 48 being local residents and nine being Chinese entrepreneurs and students in Macau
The accepted entrepreneurs were involved in diverse business projects, namely; trading, mobile apps development, translation, industrial and fashion design, multimedia, medical services, food and beverage management, smart parking system, software for the creative industry, and health information platforms.
The program has collaboration agreements with Portuguese incubator Fábrica de Startups and the co-working space Second Home, both based in Lisbon, to provide entrepreneurs wishing to develop business in Portugal with coworking spaces, training courses, and counseling services.
Successful applicants can use the Second Home facilities for a renewable period of between 14 to 90 days, and are entitled to financial support for round trip expenses between Macau and Portugal, worth MOP5,000 (US$620) and a daily living and accommodation allowance of MOP300 per day.
This financial support is provided by the Industrial and Commercial Development Fund (FDIC).