Who we are

The Beato Innovation District, an initiative of the Lisbon City Council, is the main innovation district of Unicorn Factory Lisboa, playing a central role in the city's strategy to create a network of internationally renowned innovation hubs. 

Launched in 2016 as the Hub Criativo do Beato, transforms into the Beato Innovation District during 2024, keeping pace with the growth of the strategy to position Lisbon as a leader in innovation internationally, while preserving the four pillars defined during its conception - Entrepreneurship; Creative Industries; Innovation and Knowledge; Startups, Scaleups and Global Companies.

Located between Lisbon's historic center and the modern Parque das Nações area, this project, with approximately 50,000 square meters of construction area and 13 completed buildings, already has over 1,000 jobs and more than 15 organizations in the areas of innovation, creativity, education, and gastronomy.

It is expected that, after the completion of the rehabilitation works on the remaining buildings, it will provide at least 3,000 jobs and, in addition to being home to Unicorn Factory Lisboa, will be an epicenter of innovation, thus constituting one of the largest entrepreneurship projects in Europe.

Development Model

The economic development and sustainability plan stipulates that the Partners are responsible for the rehabilitation of the buildings, aiming to reduce public investment, accelerate project development, and adapt the spaces to the needs of the projects to be installed. The Partners, chosen based on areas of action, fully finance the rehabilitation and adaptation of the buildings. The Municipality is responsible for ensuring essential infrastructure and the rehabilitation of outdoor spaces.

The buildings remain public property and are leased to Partners under long-term lease agreements. Depending on the nature of the project, these partners may also allocate the space to companies seeking workspace, known as Residents. Developers begin paying for the use of the space after recouping their investment, benefiting from a grace period. The management and curation of the space are the responsibility of the managing entity, and, in the future, the costs of programming, promotion, management, and maintenance will be shared by the Partners based on a cost per square meter.

History

In the past, the parishes of Beato and Marvila were part of a rural area dotted with convents and manor houses overlooking the Tagus River. The industrial revolution replaced this quiet landscape with factories and machines working tirelessly, transforming the way people lived in the neighborhoods. 

After the Convento das Grilas, Manutenção Militar was founded in 1897 with the aim of producing and supplying food to the Portuguese troops. Having fulfilled its mission for 118 years, it gives way to the new and great changes of the 21st century, today, in the Beato Innovation District.

Timeline

1663 - 1885

1897

1921

1932

1961 – 1974

 1961 – 1974

1974

1974 – 2011

2016

2024

Entrepreneurship

Creative Industries

Innovation and Knowledge

Startups

Scaleups

Global Companies

Entrepreneurship, Creative Industries, Innovation and Knowledge, Startups, Scaleups, Global Companies

Contacts

Open
every day
from 8:00 AM to 2:00 AM

Address:
Rua da Manutenção 71,
1900-500 Lisbon, Portugal