Contrary to the models adopted by traditional companies, startups stand out for their dynamism, capacity for innovation and constant focus on accelerated growth, and are recognised for their strategic impact at national and international level.
Typically related to the technology sector, start-ups have a high potential for exponential growth, although they are often associated with high risks, which we must take into account and which can vary depending on the sector, business model and respective economic context.
The desired need for accelerated growth of an emerging company, almost always with low investment and based on market areas that have yet to be explored, means, for example, imposing limits on the transmission of sensitive information and know-how to third parties.
Start-ups tend to use strategic partnerships to accelerate their growth and facilitate entry into new markets, which generate important sources of funding for the development of their activity. These partnerships must be safeguarded by contracts that protect their interests and the business model to be developed, in all its dimensions.
Discover which type of contract best defends your contractual position, keeping your investment safe while ensuring that no disproportionate or undue restrictions are imposed. These contracts require a balance between legal protection of assets, the specific interests of your startup, as well as the flexibility that facilitates its development and ensures participation in projects which best fit the company.
Law no. 58/2019 of 8 August, which ensures in Portugal the execution of the General Data Protection Regulation (GDPR), does not in itself protect the particularities of your business. It is important that you seek legal advice to define which contractual clauses are best suited to your case. Each case is different.
In this way, you will be protecting your startup at a digital and intellectual level, increasing the confidence of partners and investors in the business, reducing the risks of compromising sensitive data and facing financial losses that may arise from any cybersecurity failures.