Europe's Biggest Technology Event Moves To Lisbon


The announcement was made at the event's blog: "Today we are excited to announce the next chapter in the Web Summit story.

In 2016 Web Summit will move to Lisbon," where it will stay for three years. Meo Arena and FIL, two of the main venues in the city, will thus receive this significant event, which over the past five years took place in Dublin. Paddy Cosgrave, Web Summit funder, points some of the reasons of choosing the Portuguese capital. “Lisbon is a great city with a thriving startup community. What’s more, it has great transport and hotel infrastructure and a state-of-the-art venue with capacity for more than 80,000 attendees”.

The first Web Summit, five years ago, had 400 participants. This year, organisers expect 30,000. This is considered the biggest technology event in Europe and the world's largest start-up event.

Lisbon disputed hosting this technology, entrepreneurship and innovation event with cities such as Amsterdam, Barcelona and Paris.
The event will have 3.9 million euros to support its three editions, 1.3 million per year, from Tourism of Portugal, Turismo de Lisboa (ATL) and AICEP (Portugal Global - Trade & Investment Agency), according to Jornal de Negócios.