Location
Lisboa, Portugal

Overview: The European Commission has officially designated Lisbon, Portugal, as the 2023 European Capital of Innovation, securing a €1 million (US$1.09 million) prize. This recognition highlights Lisbon's outstanding commitment to fostering innovation and addressing urban challenges. Carlos Moedas, Lisbon's Mayor, plans to invest the award money in the Unicorn Factory for social innovation, using technology to combat exclusion.

Warsaw, Poland and Lviv, Ukraine were the runners-up in the ninth edition of the awards and will receive €100,000 each. Additionally, Linköping, Sweden, achieved success by winning the European Rising Innovative City category (for smaller towns and cities with a population of less than 250,000), securing a prize of €500,000. Runners-up Padova, Italy and Cork, Ireland won €50,000.

Lisbon's Innovation Achievements:

  • Unicorn Factory: acknowledged for boosting the tech sector, bringing in 54 new tech companies (including 12 unicorns) and generating 10,000 jobs.
  • Smart Open Lisbon: an open innovation program tackling city challenges and experimenting with new ideas.
  • Active involvement in the EU's 100 Climate-Neutral and Smart Cities by 2030 mission, SAUDE 65+ healthcare initiative, and providing free public transport for students and those over 65.

Source of information: https://cities-today.com/lisbon-named-european-capital-of-innovation/ (Published 04 December 2023).