Since March 2020, Taguspark – Cidade do Conhecimento has already supported resident companies with around 750 thousand euros. These measures, which aim to help businesses that have been affected by the context of the pandemic, involved the vast majority of shopkeepers and about 20 companies.
In the fight against the impact caused by the pandemic, Taguspark has been developing a series of measures to support companies and tenants installed in the largest Science and Technology Park in Portugal. Most of the support focuses on the lack of rent, condominium and other services provided by Taguspark, but there was also an increase in purchases and acquisition of goods and services in some commercial areas residing in the Park, contributing to the vitality of internal business.
The Taguspark Incubator, the only one in the south of the country with laboratories prepared for chemistry, bioengineering and life sciences start-ups, was particularly targeted in support measures, since it has the installation of new companies and start-ups that, in the start-up and development of activity, they need incentives and a reinforced support network. It should be noted that the Taguspark Incubator is the only national incubator that was the genesis of one of the Portuguese unicorns, Talkdesk.
According to Eduardo Baptista Correia, CEO of Taguspark – Cidade do Conhecimento, “these measures are part of our mission towards the Most Civic Park in Europe, where we value well-being and the implementation of fundamental good practices for our community. As such, aware of the challenging context that several companies and tenants face, we decided to move forward with support through the allocation of shortfalls and suspension of invoicing, with customized solutions adapted to different business areas, to minimize the impact of the pandemic.”
As the unpredictable context evolves, Taguspark will continue to monitor the needs of its ecosystem, reviewing support and defining solutions tailored to the companies and commercial spaces that integrate it.
Additionally, Taguspark has made efforts to attract public to commercial spaces, having resumed summer concerts in May 2021 and having chosen to maintain art exhibitions throughout the year, respecting the safety standards imposed by the current context. .