Productive Innovation
Portugal 2030 support for productive innovation up to 75%
Do you intend to create a new establishment or increase your production capacity?
The Incentive System of Portugal 2030, aimed at supporting Productive Innovation, aims to promote the creation, development, and implementation of new products, processes, and services for SMEs.
It offers €400 million in support, with two co-financing options. One is a non-repayable grant of up to 40%, and the other is a hybrid model that combines a grant with a loan of up to 75% of the investment.
The primary beneficiaries of this support are the Industry, Tourism, and Technology sectors. Through this support, you can enhance your company's competitiveness and productivity, as well as boost its economic growth.
Notices:
Who can benefit from the support?
What is the support fee?
Types of investment projects susceptible to support?
SME companies of any nature and under any legal form.
Co-financing in two forms:
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40% of the total amount is non-refundable;
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75% of the total value through the combination of an interest-free loan with a non-repayable grant..
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Creation of a new establishment
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Increase in the production capacity of an existing establishment
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Diversification of production for products not previously produced in the establishment
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Fundamental change to the overall production process of an establishment
What are eligible investments?
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Production machines and equipment;
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Computer equipment, including the software necessary for its operation;
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Acquisition of patent rights, licenses or technical knowledge;
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Standard or custom-developed software;
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Expenses for TOC or ROC intervention;
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Project-related engineering services;
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Studies, diagnoses, audits and marketing plans;
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Architectural and engineering projects associated with the project;
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For the Tourism and Industry sectors:
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Building construction
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Renovation works and other constructions.
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In addition to the investments above, any other investment for the production or logistics area may be eligible, for example: tools; forklifts; shelves or racks for storing materials.
Additionally, investments in industry 4.0, digital transformation, energy efficiency and circular economy are also eligible, examples: production management software, photovoltaic panels; batteries; system for reusing waste.
What are the access conditions?
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The company has a minimum Financial Autonomy of 15% in the pre-project (20% for Large Companies)
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Have an eligible investment between €250,000 and a maximum of €25,000,000
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Ensure the project’s financing capacity with 20% equity
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Have a maximum project execution duration of 2 years.
Application phases
Phase 1
Phase 2
Phase 3
Phase 4
Until June 2, 2023
Until July 28, 2023
Until September 29, 2023
December 15, 2023
Is your investment project eligible?
Fill out our form and find out from WOTSO if you are eligible.