The Vice-President of the Government revealed today that "Terceira Tech Island" has already attracted four national and international companies in the area of programming, which are being installed in Praia da Vitória. They have virtually absorbed all programmers who received training under this project.
 
"We have already managed to attract four national and international companies," said Sérgio Ávila. The government official spoke during a visit to Acin Azores, already installed in Praia Links - Business Incubator and Business Nest of Praia da Vitória.
 
The remaining three companies, which are currently being installed in Praia da Vitória, are Bool, Bring and B-Synergy.
 
According to the Vice-President, "Praia Links is a temporary installation space," in addition to others already identified, which will house the aforementioned company until the completion of the redevelopment works of the school and the houses previously used by the US military.
 
The "Third Tech Island" project was created under PREIT - Economic Recovery and Revitalisation Plan for Terceira Island to enhance the competitive advantages that the island and the Region can offer in the development of information technologies, through the intensive training of human resources in programming and the creation of conditions to attract private investment in this sector.
 
In the context of this project, the Regional Government has decided to establish six primary conditions to attract companies: fiscal schemes; incentive systems; provision of facilities for the installation of companies with the conversion of the school complex and adjacent neighbourhoods in Lajes; provision of housing for workers; training of junior programmers; recruitment of senior programmers.