Inovação Produtiva

Description

The grant aims to support small and medium-sized enterprises (SMEs) in Portugal by promoting innovative and productive business activities. This initiative focuses on boosting economic competitiveness and export orientation through the development of innovative products and services that are both marketable and internationalizable .

Type of Project

• Production of new goods and services
• Significant improvements to current production processes
• Introduction of innovative manufacturing, logistics, distribution, and marketing processes

Eligibility Criteria

• The project must be innovative and lead to the production of marketable and internationalizable goods or services
• Must achieve an initial investment as outlined in relevant regulations
• Should aim at creating value-added and employment opportunities, particularly in qualified sectors

Eligible Expenses

• Costs related to the production and implementation of innovative goods and services
• Expenses tied to improving existing manufacturing and distribution processes
• Investments in market expansion and export capabilities

Examples of Eligible Projects to be developed

• Establishing new production lines for innovative products
• Upgrading existing manufacturing facilities to enhance efficiency and sustainability
• Introducing advanced technology for better product distribution

Financial Information

• Total budget for the grant: 340.000.000€
• Co-financing percentage: Up to 40%
• Maximum funding per company: 25.000.000€
• Minimum funding per company: 300.000€