The closing date for applications for the “Viveiro de Lojas do Funchal,” a Funchal City Project which aims to serve as a platform for testing new businesses and their brands, is the 5th of March 2021.
Through the initiative, six entrepreneurs will be chosen chosen to test their business plans and products for six months through this platform, without having to pay any associated costs. In addition it aims to promote the island’s business potential, as well as to create more diverse business models through the introduction of new products to the local economy. The current categories cover, fashion, decoration, arts, health, and well-being and the six chosen applicants will have shown how and why their products are different, innovative, sustainable and promote regional identity.
In a press note, the CMF confirmed that they have decided to extend the deadline for the project to encourage entrepreneurs, and to ensure that all queries are answered before the cut-off date, as well as facilitate the streamlining of all necessary documentation to ensure that those chosen can effectively use the space and ensure that their products are showcased.
For all those interested the rules and application form are available on the Municipality of Funchal’s official website.
Viveiro de Lojas do Funchal is located in Largo do Corpo Santo, in the Old Town.
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