DEAL-BY-DEAL (Banco do Fomento)

Like any investment, the company is selling a percentage of its company in exchange for capital.

Description

The program aims to support companies in Portugal by promoting their establishment and growth. This initiative focuses on assisting primarily during startups and scale-up phases, enhancing market entry, developing new products or services, bolstering workforce skills, and providing tools for digital and green transitions.

Type of Project

• Start-up and early stage projects
• Capital investment projects
• Projects aimed at digital transformation and green transition

Eligibility Criteria

• Companies must be legally established at the time of the investment
• Must have their tax liabilities in order with the local authorities
• Cannot be headquartered in tax haven jurisdictions as defined by EU and local laws

Eligible Expenses

• Costs associated with capital investments including acquisition of equipment and technology
• Expenses related to market expansion and product development
• Personnel training and development costs

Examples of Eligible Projects to be developed

• A start-up company developing eco-friendly packaging solutions
• A small enterprise investing in advanced digital tools to enhance their international competitiveness
• A tech firm focused on green energy products, expanding its production capacity

Financial Information

• Total budget for the grant: 200.000.000€
• Co-financing percentage: 70% of the investment round
• Maximum funding per company: 10.000.000€