And this year, for the second consecutive year, the winning company came from Portugal. This is not just an indication of the great minds that live here in the country, but also of the increased efforts of Portugal to become the innovative hub of Europe are paying off.

This year's winner is Granter, a startup that assists businesses in the application for grants, using revolutionary AI and human expertise.

They delivered a pitch that convinced 80% of the audience that they were the best company out of the three finalists, beating off competition from a Nigerian-based startup focusing on assisting Africans to get an education and a UK startup working to make advertising easier.

The Portugal News secured a brief interview with CEO Bernardo Seixas after their historic win.

To check out the company yourself, head to granter.ai