COTEC Portugal is a leading Think and Action network for advancing technology diffusion and business Innovation cooperation. COTEC Portugal business network encompasses Multinationals companies, major national groups and SMEs, operating in most sectors of activity, and whose gross added value represents more than 16% of national GDP and 8% of private employment. The main activities of COTEC Portugal include anticipating and discussing issues on innovation trends with impact on business competitiveness, advancing business networks and partnerships and, contributing to public policy on innovation issues. COTEC Portugal earned from its foundation in 2003 the support of the President of the Republic, who currently holds the status of Honorary President. More recently, COTEC has been awarded the status of entity of public interest.