On the 20th of October, the Executive President of the Web Summit, Paddy Cosgrave, said that Lisbon is the “sexiest” city in the world to establish a company, in a joint press conference with the Minister of Economy and the Sea, António Costa Silva, held in the Factory Lisbon building.

The next edition of the Web Summit, which takes place between the 1st and the 4th of November and whose tickets sold out on the 14th of October, will receive “more than 70 thousand participants and 2,600 ‘startups’ and companies in this edition”, says António Costa Silva, Minister of Economy and Sea.

On the first day of the Web Summit, the Night Summit also kicks off, and, this year, it will take place at Hub Criativo do Beato, which, as the organization of the event says, “is the area to be aware of in Lisbon, we can even compare it to areas lot of movement and culture from London and New York.”

© Image Credits: Lusa / TVI