https://venturebeat.com/2017/09/09/portugal-is-building-a-startup-mega-campus-in-lisbon/
Quoting:
"“Entrepreneurship is serving as a driver for neighborhoods like these, and money is being redistributed into existing businesses within [these neighborhoods]. In our first year of operation at our first campus, for example, the companies inside raised over $160 million, and of course a lot of that money is being redistributed throughout the neighborhood and the wider city,” he said.
It became glaringly obvious during my call with Bamberg (who happens to be an Ashoka fellow if that suggests anything) that he and his team are deeply committed to making a wider social and urban impact than refurbishing and repurposing buildings.
“That’s of course a lot of responsibility on us as a concept, but I do believe it should be our jobs to make sure we get the right-minded people into the building and then build initiatives that go beyond closed techies meetups, conferences, and beer and pizza. What about coding lessons for kids in the district, tours of the neighborhood, trips to the existing businesses or breweries that have been in the neighborhood for years, etc. It’s, of course, a collective effort, but we [Factory] hope to play a large role in it. And I think for us we will learn a lot from this phase and hope to implement our learnings in other cities,” he told me."
