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The Creative Village project, co-financed by COMPETE, is composed of seven actions, articulated among themselves, in order to transform the NUT II North and Center regions into centers producing initiatives with a strong focus on knowledge and creativity, positioning itself locally, regionally, Nationally and internationally as new territorial centralities.

This initiative is expected to enable potential entrepreneurs the opportunity to deepen or establish a first contact with the incentive systems for entrepreneurship and the dynamics directly related to the creation of companies. In this way, it will be the opportunity for many individuals to start their entrepreneurial journey.



A startup is a new company, even embryonic or still in the seed stage, which promotes a promising project, related to the development of an innovative business idea. Usually is technology­ based, but not necessarily, and it is based on an entrepreneurial spirit, in constant search for an innovative business model. Startup companies are distinguished from others by creating highly scalable business models, based on innovative ideas. Startups are not only internet companies, although they are in that field more frequently  since the costs of creating a software company are lower than creating a “physical” industry or business. Beyond being a young company and launching an innovative idea in the market, another characteristic of a startup is having risk involved in the business, but usually it is also an enterprise with lower initial costs and it’s highly scalable, i.e., has an expectation of major growth when successful.

Category: Startups

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