Lisbon Challenge

Lisbon Challenge is a 10-week startup acceleration program based in Lisbon, Portugal, powered by the innovation consultancy Beta-i. The program is designed for early-stage tech startups to help them achieve product-market fit and investment readiness, culminating in an Investment Day where founders pitch to investors. It is described as a horizontal accelerator, open to various tech companies but generally avoiding capital-intensive sectors like hardware and biotech. The investment offer involves an initial tranche for all participating startups and a potential follow-on investment for the most promising ones. According to one source, the investment from partners is €70,000 for 7% equity, structured in two parts: €15,000 for 2% for all startups joining the program, and an additional €55,000 for 5% for selected startups after the program.