9 May, 2024 | Advisory, News, Tax

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Grants & Incentives Alert | Productive Innovation Program

Productive Innovation Program

RECIPIENTS – Projects for INDUSTRIAL, TOURISM, SERVICES and TECHNOLOGY companies (exporters current or future), with minimum value of €300.000.

ELIGIBLE INVESTMENTS:

  • Works and constructions (industry and tourism sectors only);
  • Acquisition of basic/productive equipment;
  • Acquisition of handling and storage equipment;
  • Acquisition of equipment and services to comply with environmental standards;
  • Acquisition of know-how and technology services;
  • Acquisition of equipment and services for energy efficiency and energy production through alternative sources;
  • Acquisition of equipment and services with information technologies (hardware, software, websites);
  • Studies and projects.

FINANCIAL INCENTIVE:

  • Rate of non-repayable incentive up to 40% of eligible investments (up to 60% in Alto Alentejo and Beiras and Serra da Estrela).

Applications open:

  • 1st Phase until September 16th
  • 2nd Phase until December 30th

 

This document is purely informative in nature and does not dispense with analyzing the legislation and evaluating its applicability to each specific situation. Therefore, we are not responsible for any decision made based on this information.