It’s official: the 12 Operational Programs that will comprise the Portugal 2030 framework have finally been approved. With the green light from Brussels, the financial support provided for in this Partnership Agreement could begin to reach companies as early as next year!
In total, there will be 23 billion euros available to finance strategic investment projects for the country. These investments must be included in one of the 4 Thematic Programs, 7 Regional Programs and/or the Technical Assistance Program.
Now that the European Commission has expressed its approval, national authorities must conclude the legal framework for the financing programs. It is, therefore, expected that the first calls for investment projects may open during the first quarter of 2023.
When can I start my investment?
For each call for applications under the Portugal 2030 framework, there will be a set of eligible expenses that may be subject to financial support (grant). Usually, however, investments can only be made once an application has been successfully submitted.
There are, however, some exceptions to this rule. At the moment, companies who seek to start their investment projects can submit an Aid Request Registration for either the Innovative Production or Research and Technological Development (R&DT) incentive programs.
In practice, this is a pre-application, aimed at companies that urgently need to carry out key investments. Once registration has been completed, the aforementioned expenses will be viable when the official Portugal 2030 calls open.
Need more information?
Would you like to know if your company can take advantage of Portugal 2030 support? We, at Easely Portugal, work only with the best business partners!
Feel free to contact us anytime!