AUDAX is the Center of Entrepreneurship of ISCTE - Lisbon University Institute that has trained since its inception in 2005 many aspiring entrepreneurs, supported more than 200 projects (business plans, finance or advice) and contributed to the launch of over 50 successful ventures across all sectors of the economy, which all together have attracted 8M€ in funding. 

In 2008 AUDAX launched an entrepreneurship competition broadcasted on a major national channel - RTP2, under the name of AUDAX TV, which attracted over 260 projects and an unforeseen interest of the community, attained a share of over 6%. 

AUDAX is now in charge of organizing the ISCTE-IUL MIT Portugal Competition, an umbrella initiative under the Innovation & Entrepreneurship Initiative.