European grants and innovation consultancy PNO Consultants has launched in Portugal, simultaneously opening two offices in Lisbon and Porto.
Entering the market in the Southern European country means that PNO Consultants is now present in eight European countries, with other hubs based in Belgium, France, Germany, Italy, the Netherlands, Spain and in the UK.
According to Paolo Salvatore, an Italian who sits on the board of PNO Consultants, the move to Portugal reflects the growing demand for innovation services in the country. “Portugal’s innovation trajectory over the past decade has been remarkable,” he said.
Expanding on his claim, Salvatore pointed to Portugal’s rise in the “European Innovation Scoreboard”, an annual European Commission assessment of member states’ innovation performance. After gradual progress over the past decade, Portugal was classified for the first time in 2019 as a “strong innovator”, building on strengths in areas such as digitalisation, a professionalising grant framework , a strong innovation ecosystem and the availability of talent.
“From our bases in Portugal, we aim to cooperate with Portugal’s vibrant innovation ecosystem and connect it to our extensive European network, to further foster the country’s innovation potential,” said Salvatore.
Drawing on its international expertise, the Portuguese branch of PNO Consultants will offer a range of services in the field of public finance, innovation and compliance, with a focus on the sectors of energy, mobility and supply chain, climate and environment, aerospace, security, defence. , life and health sciences and information technologies.
“Ranking in 31st place among 132 economies featured in the Global Innovation Index 2021, being an active participant in EU funding programs and also one of the European pioneers in the field of renewable energy, the Portugal offers many opportunities for a consulting company such as PNO Consultants to support the innovation of scientific, technological and industrial companies with its professional services”, added Salvatore.
Last year, another international consultancy – Metyis – also announced plans for growth in Portugal. The opening of the new Gondomar campus is expected to create approximately 1,000 new jobs in the region by 2025.