Following the participation in Macau International Startup Week 2019, representatives of the 17 Portuguese-speaking companies have scheduled a circuit for three of the cities that make up the Greater Bay Area, a world metropolis that Beijing is creating in a region of over 70 million people, and that also encompasses Macau and Hong Kong.
“The main target is the Greater Bay Area market, connecting with investors, “explained the general manager of the Brazilian incubator and accelerator Startup Rio.
On the other hand, there is also the objective of “trying, with the help of the local government, to bring Brazilian startups to this region of Grande Bahia through subsidiaries,” added Paulo Espanha, accompanied by managers of artificial intelligence companies ( CyberLabs and Previsiown) and the ‘internet of things’ (Phygitall).
From Brazil came also Sunne CEO, Yuri Frota, who is in Macao “to get to know the market and strengthen networking with other companies”.
The Brazilian is aware that “Macau can be a gateway to China” for Sunne, which is developing renewable energy products.
Meanwhile, the startup’s head of operations of Nu-Rise, Joana Melo, stressed that the priority is to “promote relationships with other companies and establish contacts with the Chinese market, from investors, accelerators, incubators and manufacturers.”
Joana Melo stressed that this is a strategic bet of the Portuguese company, which has developed a “digital system that works in real time in the area of radiotherapy to helps doctors create more accurate and safer tools”.
Porto Infraspeak also made a point of attending the event that lasts until Saturday, with the Portuguese startup focus being on building maintenance management software, explained José Vieira Marques, head of the company’s international partnerships.
“The main focus is to find partners and network to find new investors in a new round of investment capture,” he said, aware that he is in the gaming capital of the world that has been marked by building construction linked to casino operators for over a decade.
In Macau, the Government has repeated its willingness to help companies from Portuguese-speaking countries to invest in the region, especially following the presentation of the Greater Bay Area project development plan.
Moreover, the Macau authorities have underlined the existence of the US$1 billion China-Portuguese-speaking Countries Co-operation and Development Fund.
In May, the Macau Chief Executive (CE) Fernando Chui Sai On reiterated that the region will continue to foster cooperation between Chinese and Portuguese-speaking companies and support startups interested in developing their activity in the territory or in the region.