The Software Livre project is still in an early stage, but I think that it's a great initiative.
Currently there is a list of possible projects within the scope of SAPO Summerbits 2008.
The Software Livre platform is 100% free software and it's running Debian GNU/Linux with trac, mailman, svn, etc.
The following entities are supporting this project:
ANSOL - Associação Nacional para o Software Livre (National Free Software Association)
Caixa Mágica - Distribuição de Linux Portuguesa (Linux Portuguese Distribution)
DRI - Consultoria Informática (An Information Technology Companie)