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Linha para Economia Circular

Linha para Economia Circular

Up to 2.000.000€

Tourism
Manufacturing
Sustainability
Circular Economy
Climate Transition
Portugal
Infrastructure
Loan
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Description

This funding opportunity is a loan which means the company will have to pay it back, usually with some form of interest.

 

Enabling industrial companies and the tourism sector to become more modern and competitive by supporting the financing of projects to reduce energy consumption.

 

Eligible Operations: 

  • Replacement of existing equipment with more innovative, modern and efficient equipment;
  • Investments in renewable sources for self-consumption in the production process;
  • Implementation of monitoring, control and action devices to optimize conditions of use, energy consumption and consumption of raw materials; 
  • Reformulation and integration of processes with a view to increasing efficiency in the use of resources;

 

Interest rate - Euribor rate with a maximum spread of 3.50%

Note: SGM guarantees up to 80% of the loan capital through an autonomous guarantee. However, in order to conclude the operation, the Bank may require other guarantees.

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750€ +5% on Success

Timeline

Jan. 1, 2024

Opening of applications

Dec. 31, 2024

Closing of applications

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Total estimated time: 10 mins.