Lisboa will host another edition of Web Summit, one of the most important technology, entrepreneurship and innovation conferences in Europe.

Lisboa’s choice is a result of its strong tourism positioning, excellent infrastructure and services and also due to the growing international relevance of its startups ”ecosystem".

"We chose Lisboa because of its good infrastructure, the incredible site that will host the event and its growing startup community. We look forward to working with the business community here in Lisboa," said Paddy Cosgrove, chief executive of Web Summit.