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It was 2007, and the reform of the Portuguese higher education system was underway, driven by the implementation of the Legal Regime of Higher Education Institutions. In the context of public higher education, a new type of institution was created, public foundations under private law.
These public foundations, among other aspects, are characterised by:
The legal model of the Foundational Regime aims to give universities greater autonomy and management flexibility, and to enhance the efficiency and effectiveness of institutional governance. In this context, the statutory assembly of the Higher Institute of Labour and Business Sciences (ISCTE) asked the Government to transform it into a public foundation under private law.
The transition to the Foundational Regime took into account the Strategic Development Plan that supported the proposal presented to the government, as well as the Program Contract signed with the State in September 2009.
Iscte – Instituto Universitário de Lisboa was established as a Public Foundation under Private Law by Decree-Law No. 95/2009 of 27 April, under the terms of Law No. 62/2007 of 10 September, which established the Legal Regime of Higher Education Institutions (RJIES).