From cakes to tech, bold startups defy Portugal crisis
date:Dec 26, 2012
mbition.

Too many companies that are being set up still think small and are not sustainable enough, said Paulo Andrez, president of the European Trade Association of Business Angels and Seed Funds which invest in promising startups.

Local angels' groups and venture capital investors say they have a total of 350 million euros to invest in startups.

It's better to create fewer but more sustainable firms that think big in terms of growth. In northern Europe the proximity of countries like Belgiu
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