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All about Portugal 2020: Incentive Scheme
20 Jan, 2020

Portugal 2020: Incentives

In Portugal 2020 are eligible projects in all economic activities, with special focus on those ones that produce tradable products and services, oriented for the international market.

According to the Portuguese Economic  Activities Classification (CAE), are excluded of all calls for proposals, attending that they do not produce tradable products and services, the enterprises of the following activities:

  • Financialand assurance divisions 64 to 66
  • Public Administration and Defence division 84
  • Lottery and other gambles division 95

Do you need more informations? Contact us now. We can help and support all the needs for your project and application to Portugal 2020.

All about Portugal 2020: Incentive Schemes

In the Portugal 2020 program there are several lines of financing for investment projects promoted in Portugal. In this article we highlight: “IS R&D”, “IS Innovation & Entrepreneurship”, “IS Qualification and Internationalization of SMEs”

R&D
  • Goals: Intensifying the effort to R&D and the creation of new knowledge; Promoting the relationship between enterprises and Science Institutions;
  • Types of Project: Enterprise R&D; R&D Teams; IP Protection.
Innovation & Entrepreneurship
  • Goals: Encourage productive innovation investment Promoting qualified entrepreneurship; Expand activities with high technological content or with international dynamic demands;
  • Types of Project: Innovation in Production for non SME; Innovation in Production for SME Entrepreneurship.
 Qualification and Internationalization of SMEs

Goals: promote the competitiveness of SMEs; Increasing the productivity of SMEs; Developing the active presence of SMEs in the global market.

Enterprise R&D

Enterprise R&D aims to increase the intensity of R&I in companies and their economic value; increase projects and activities in cooperation of companies with other entities of the R&I system; develop new products and services, especially in activities of greater technological and knowledge intensity; strengthen the actions of economic valuation of R&D projects successfully; and increase national participation in international R&I programs and initiatives.

This measure is intended to support projects involving industrial research and experimental development, leading to the creation of new products, processes or systems, or  the introduction of significant improvements in demanding products, processes or systems.

R&D Grants

In Enterprise R&D are Beneficiaries Companies of any nature and in any legal form.

Incentive Non-Refundable – Incentive up to 1M € per beneficiary (from 1M €: 75% Non-Refundable and 25% Refundable).

Repayment conditions 7 years with 3 years grace period (without interest), semi-annual repayments.

Innovation in production

The IS Innovation in production aims to promote business innovation, through the types of Innovation in Production for SME and Innovation in Production Non SME.

The Innovation in production for SME typology, supports two kinds of projects:

a) Production of new goods and services or significant improvements of current production through the transfer and application of knowledge;

b) Adoption of new, or significantly improved, processes or methods of manufacturing, logistics and distribution, as well as organizational methods.

The Typology Innovation in production for Non-SME, supports projects for:

a) Production of new goods and services or significant improvements of current production through the transfer and application of knowledge;

b) Adoption of new or significantly improved processes or manufacturing methods.

For both types:

a) Investments of an innovative nature that translate into the production of tradable and internationable goods and services with a high level of national incorporation, Relating to:

(i) the creation of a new establishment;

(ii) increasing the capacity of an existing establishment;

(iii) the diversification of the production of an establishment (to products not previously produced in the establishment);

(iv) the fundamental change in the overall production process of an existing establishment;

b) Investment projects of mere expansion or modernization are not supported.

IS Innovation in production: Grants and Beneficiaries

In the IS Innovation in production are beneficiaries Companies of any nature and in any legal for.

Incentive:

  • Base Rate 30% up to 75%;
  • Additional rates (up to 75% rate).

Qualified and Creative Entrepreneurship

The Is Qualified and Creative Entrepreneurship is intended for SMEs with less than 2 years. For Projects in sectors with strong growth dynamics, including those integrated in creative and cultural industries, and / or sectors with greater intensity of technology and knowledge or that value the application of R&D results in the production of new goods and services, valuing the articulation as an ecosystem of entrepreneurship.

The following types of investment are eligible:

  • Investments related to the creation of a new establishment, which are translated into the production of tradable and internationable goods and services with high level of national incorporation;
  • In the case of Qualified and Creative Entrepreneurship projects, activities of high added value are supported, with inductive effects of changing the productive profile of the economy, that is, the creation of companies with qualified human resources, of companies that carry out activities in sectors with strong growth dynamics and / or sectors with greater intensity of technology and knowledge, or companies that value the application of R&D results in the production of new goods and services.

IS Entrepreneurship: Grants and Beneficiaries

The Is Qualified and Creative Entrepreneurship is intended for Beneficiaries SMEs with less than 2 years;

Incentive: Base Rate 30% up to 75%.

How can we help?

Mercal is a leading business consultant in Portugal in support of SMEs, which since 1996 has been working with leading national and international financial institutions, as part of the IMCN international network.

Our financial advisory services will be able to assist with the diverse needs of your investment project, and in obtaining funding for your initiatives.

Mercal has a team of qualified and experienced technicians to support your company or project in obtaining financing through the Capitalize Line or other sources of financing, dealing with the preparation of the business plan and feasibility study of your project. Also, we can assist you in negotiating with the banks to obtain financing on the best possible terms.

Contact us now. We send our proposal within 24 working hours.

 

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