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News June 29 2023

SRS Legal and UNION Venture Builders partner to drive entrepeneurship and foster startups in Portugal

SRS Legal and UNION Venture Builders created an investment and acceleration platform, to develop an integrated model that fosters entrepreneurship and supports startups in Portugal.

Combining SRS Legal's recognition in the market, its experience in legal issues and its extensive 10-year work with agents (startups and VCs) of the ecosystem, with UNION Venture Builders' experience in developing and creating startups, the two companies create a structure that will allow entrepreneurs to go further and more successfully in their innovation journey.

This partnership aims to contribute to building a solid ecosystem of entrepreneurship in Portugal, aiming to consistently impact the global market, in a model that is divided into three sustaining pillars: UNION Nest, which covers the idea and incubation phase; UNION Builder, to support the creation and development of startups in the venture builder model; and UNION Capital, a funding and investment hub.

The ideation and incubation structure - UNION Nest - will be developed through the renowned Startup Lab by SRS programme, in a format that combines the experience accumulated in the last five years by SRS Legal, with UNION's panel of experts, offering a learning environment to refine ideas and transform them into viable business plans. Applications are now open and the programme is scheduled to start in September 2023.

At a later stage of the projects, the UNION Builder works to validate and execute the business plans with the support of experienced executives. This programme operates on an ongoing basis.

The UNION Capital funding and investment hub provides access to capital and investment resources to help companies grow and scale. Like Builder, Capital also works on an ongoing basis.

About UNION Venture Builders
UNION Venture Builders' integrated model provides significant benefits for both entrepreneurs and investors. For entrepreneurs, the key benefits are access to a team of qualified and experienced executives with a proven track record of success, access to funding and investment resources, and access to a resident community of experts from multiple industries and strategic partners.

For investors, the key benefits are access to a qualified stream of opportunities, with lower risk, through the UNION Venture Builder validation process and access to a diverse range of innovative and sustainable startups. UNION Venture Builders offers investors a unique opportunity to be part of a community that supports and invests in the most promising startups.

About SRS Legal
For over 30 years, SRS Legal have provided full-service advice to national and international clients in all business areas. The firm has more than a hundred lawyers from various practice areas to respond to the needs of clients quickly, empathetically and innovatively.

It developed StartupLab by SRS, the first start-up accelerator developed and powered by a Portuguese law firm, together with specialized partners, dedicated to the development of products and solutions for service companies. The project has been running for five years and has already involved more than 20 startups alumni, several of which invested after attending the programme.

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