Stephan Morais: “Portugal can have world-wide companies in the economy of the sea” – Business Initiatives
Portugal is an oceanic country with a coastline of about 2500 km and one of the largest Exclusive Economic Zones in the world. The maritime triangle, which includes the continental, Portuguese and Azores territories, constituting 48% of the total maritime waters of the European Union under the Member States of the European Union under the adjacent spaces of the European Union. In addition, according to the National Strategy for the Sea 2021-2030, the area of domain can be extended, if the delimitation process that is taking place with the United Nations comes to a successful conclusion, or that makes Portugal even more Atlantic.
In addition to this, the current moment is ripe for investment in new, more environmentally friendly solutions, which can be a great opportunity for countries like Portugal. In this sense, Stephan Morais, CEO of Indico Portugal, can consider that “if our SMEs have the capital that we can demonstrate that we can play a very relevant role at European level”, “if our SMEs have the -ups to have capital that demonstrates that we can have large companies in Portugal” on a global scale. It’s never been so easy to go from zero to 100 as it is today.”
The focus will therefore be on innovation, to determine this tide that combines geographical situation with the need for adaptation due to climate change. “A big advantage is having a domestic market. And, unlike the domestic market, nowadays, it needs to be very different from the foreign market. The way to reach customers because of digitalization is much easier. Therefore, it was so good in world history to be a company in a small country, as it can never be competing on an equal footing with any large country. there are seven unicorns in Portugal, never before that happened in Portuguese history”, adds the CEO.
As they cannot go to the bank, because we already have enough debt and now we have to balance the companies more so that they have capital.
It has never been so good in the history of the world to be a company in a small country, as it can be an equal competition with any large country.
Stephan Morais, CEO of Indico Capital Partners
Stephan also offers the role of mutual funds to allow the role of mutual funds to be advantageous, which also offers the role of investment resources, which also offers the role of funds that can invest in two roles. Of the companies, they cannot all go to the bank, because we have enough debt and now we have companies that are already balanced as companies in order to give them more capital. Therefore, capitalization funds inject capital into the company and then we become partners. Apart from that, the fact that we are shareholders and not only provide debt implies that we are part of the board of directors, we directly influence the management of the company.”
In this sense, the new Indico Blue Fund, in the amount of 50 million euros, launched by the Portuguese venture capital company, aims to “guide companies to make management decisions that are more positive for the environment and that are not On the contrary, initially to be better and better, because the closer we get to sustainability, the more we will have, because this is also what end customers increasingly want”, concludes the investor.