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We make applications for Portugal 2020. When it comes to supporting the establishment of a company or business in Portugal, we can give all support you need.

Mercal is considered the Best Portuguese Consulting Company by prestigious worldwide organizations.

Mercal is integrated into the global IMCN network.

Portugal 2020: Entrepreneurship and Productive Innovation

We take care of all the support necessary for the success of your application to Portugal 2020.

We Guarantee the framework for the investment project and respectively the application for public grants;

Our Specialized consultants prepare the business plan, the investment project and its feasibility study, for meeting the application needs in order to maximize the legal criteria of valuation of the project in order to obtain its approval;

We Give all technical assistance until the end of the project to obtain the financial payments and all reports (according to the milestones ), until the end of the investment project to present and obtain its approval by Portugal 2020, namely:

Technical Assistance throughout the project until to its ending with all the accomplishment of interim payments and assistance for request monitoring reports (including final report), and all other information whenever requested by the Public official entities and at the EU level when requested;

Assisting to all official external audits of the project.

Eligible Expenses

The following expenses are eligible (Minimum amount = € 75,000; Maximum amount = € 5,000,000 (NUTS II
Algarve) or € 25,000,000 (remaining regions):

Tangible assets consisting of:
o Costs of acquisition of computer equipment, including the software necessary for its operation.
o Costs of acquisition of machinery and equipment and the directly attributable costs to place
them in the location and conditions necessary for them to be able to function.

Intangible assets consisting of:
o Transfer of technology through the acquisition of national and international patent rights;
o Licenses or know-how not protected by patent;
o Standard Software or developed specifically for a particular purpose.
Other investment expenditure (for SMEs only) up to 20% of total eligible project costs:
o Expenses with the intervention of official accountants or statutory auditors, in the validation of
the expenses of requests for payment, up to the limit of € 5,000;
o Engineering services related to the implementation of the project;
o Studies, diagnostics, audits, marketing plans and architectural and engineering projects
associated with the investment project.

It is not possible to include any expenses prior to the date of the application.

Projects in the tourism sector, in duly justified cases in the exercise of the tourist activity, may also include as
eligible expenses: vehicles that constitute the tourism activity to be developed, as long as it is directly related to
the exercise of the activity.

Projects in the tourism and industry sectors, in duly justified cases under the project activity, may also include,
as eligible expenses, the construction of buildings, refurbishment works or other constructions,

Financing Rates

The incentives to be granted are calculated by applying to the eligible expenditure a maximum base rate of 35%, which may be increased by the following increases, and the overall rate may not exceed 75%.

The grant is given with the following rules:
50% non-refundable;
50% reimbursable interest-free:
o No interest or any other charges
o The total repayment plan is 8 years (grace period of 2 years and repayment of 6 years);
o For projects to create new hotel establishments and tourist complexes, the total repayment
plan is 10 years (3 years grace period and 7 year repayment);
o Repayments are made, in principle, every six months, in equal and successive amounts;
o The repayment plan shall begin on the first day of the month following the first payment of the
incentive or on the first day of the seventh month following the date of the expiry of the
acceptance or contract, whichever occurs first.

Project and Application

The methodology adopted by Mercal to carry out its project and application, includes different stages:

  • Analysis and framing of the idea or project.
  • Definition of objectives and intended location (national or international).
  • Identification and selection of the most appropriate financing instruments.
  • Development of the Business Plan and the Investment Project and Feasibility Study.
  • Submission and follow-up of the application.
  • Technical assistance to the implementation of the projects.

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