Construir 2030 - Pequenos Negócios (Açores 2030)

Description

The grant aims to support micro and small businesses in the Azores by enhancing their competitiveness through investments in more innovative, sustainable, knowledge- and technology-intensive production models. This initiative focuses on stimulating the generation of added value and strengthening external competitiveness while utilizing and valuing endogenous resources alongside creating and qualifying employment.

Type of Project

• Creation, expansion, or modernization of micro and small businesses
• Investments in industries excluding certain divisions and groups
• Activities associated with the collection, treatment, elimination of waste, and material recovery

Eligibility Criteria

• Operations promoted by micro and small enterprises
• Investments equal to or greater than €5,000 and up to €50,000
• Activities classified according to the Portuguese Classification of Economic Activities corresponding to industry, waste management, construction, commerce, logistics, and other transactional goods and services creation sectors

Eligible Expenses

• Costs associated with investments in fixed tangible and intangible assets
• Expenses related to the acquisition, including leasing, of new machinery and equipment
• Costs for construction, renovation, or modernization of facilities

Examples of Eligible Projects to be developed

• Modernization of a small family-owned bakery to incorporate energy-efficient equipment
• Creation of a new line of eco-friendly products in a small manufacturing unit
• Expansion of a local logistics company to improve its distribution network

Financial Information

• Total budget for the grant: 15,000,000€
• Co-financing percentage: 70%
• Minimum funding per company: 5,000€