Vodafone Power Lab
Vodafone Power Lab is an incubator created by Vodafone Portugal in 2009, devised to foster innovation and entrepreneurship. Designed to advance technology-based startups through incubation, mentorship, networking, and an acceleration program.
Each year Vodafone Power Lab receives hundreds of applications, especially from Labs Lisboa, AUDAX – ISCTE, UPTEC, and BGI. Vodafone Power Lab connects with the entrepreneurial ecosystem by promoting initiatives. It has aided in the launch of more than 200 projects, many of which are now well-established startups and scale-ups.
Vodafone Power Lab is incubator provides the following amenities to the startups in their program:
Free co-work space
Rooms for meetings or training purposes in Lisbon
Free incubation services
Free internet access, fixed phone, and mobile communication plans with exclusive benefits
Specialized mentoring and training
Access to an extensive network of investors
A pool of tablets and smartphones for product development and testing
Legal and Intellectual Property consultancy services
€10 000 in Amazon cloud services
From $12 000 to $120 000 USD in IBM cloud services
Access to “Hubspot for Startups Partner” exclusive features
Vodafone Power Lab's goals is to support tech based startups that, in the space of a year, can:
Become a Supplier - By providing a distinguishing product or service that adds value to Vodafone.
Integrate the Portfolio - By providing a solution that will integrate Vodafone’s portfolio and reach a much wider universe of customers.
Become a Client - Boost the startup's product by accessing the best national telecommunications network.
Become a Partner for Brand Activation - Impacting society through significant actions in events.