From cakes to tech, bold startups defy Portugal crisis
date:Dec 26, 2012
d, they always pick one to invest in. They are amazed by the technical quality, the programmers and engineers, said Joao Vasconcelos, head of the Startup Lisboa incubator that homes 40 startups, resembling a busy beehive.

It is yet to create a breakthrough computer-based service like Sweden-founded Skype or a viral game like Finland's Angry Birds, but Portugal is no stranger to world-class technological innovation.

The world's first prepaid mobile phones were launched here, as were single, cou
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