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Critical Manufacturing is awarded member of COTEC SME Innovation Network

December 06, 2011

COTEC Portugal - Associação Empresarial para a Inovação - recognized the high innovation and competence levels of Critical Manufacturing, awarding it as member of the COTEC SME Innovation Network. With an evaluation based on the COTEC Innovation Scoring Index, the company became part of a restricted group of the top Innovation SME's in Portugal.

COTEC was created in April 2003, following an initiative of the President of Portugal with the support of the Prime-Minister and a group of companies established in Portugal, which gross added value represented, in 2002, about 14% of the Portuguese GNP. Since COTEC Portugal began, the President of Portugal has been its General Assembly President. COTEC now has 121 Associates.

With the mission of «promoting the competitiveness of companies established in Portugal, through the development and the diffusion of a culture and a practice of innovation as well as of knowledge, especially that generated in our country», COTEC Portugal is a not for profit business association that counts on the support of its associated companies and all agents of the National Innovation System (NIS) to accomplish its goals through the implementation of initiatives in a variety of areas.

The priorities of COTEC within the scope of such SME Network are to promote and gain public recognition for this group of companies that reflect, through innovation and competence, the right market attitude and the value creation skills needed to succeed in today’s changing world, and to encourage cooperation between COTEC associate companies and the SME based on innovation and skills, so that business opportunities can flourish and the innovation market in Portugal expand and prosper.

In a COTEC Innovation that took place at Culturgest, in Lisbon, Francisco Almada Lobo, Critical Manufacturing's CEO received the award from the Secretary of State of Entrepreneurship, Competitiveness and Innovation, Carlos Oliveira.

For more information, please visit COTEC SME Innovation Network.

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