Productive business investment for a just transition

It aims to support business investments in innovative and skilled activities, focusing on strengthening and expanding new industries and technologically advanced services geared towards the climate and energy transition. It has a very strong focus on exports, innovation (product, process or organizational), differentiation and job creation, including skilled jobs.

Recipients:

a) SMEs of any nature and under any legal form that intend to carry out productive investments within the sectors of Agri-food, Tourism and Renewable Energies (excluding investment projects aimed at production, storage, transport, distribution and infrastructure).

b) Have organized accounting, positive net worth, pre-project financial autonomy ≥ 15% (SME);

Types of operations:

a) The creation of a new establishment;

b) Increasing the capacity of an existing establishment (by at least 20% compared to the pre-project year);

c) The diversification of an establishment's production to products not previously produced at the establishment, provided that the eligible costs exceed by at least 200% the carrying amount of the assets that are reused, as recorded in the fiscal year preceding the commencement of the work (2023).

Investment:

- Minimum eligible expenditure of €250,000 and maximum of €25,000,000;

- Productive investments located in NUTS III – Alentejo Litoral (municipalities of Alcácer do Sal, Grândola, Santiago do Cacém, Sines and Odemira).

Support:

Between 40% and 60% of the investment is eligible for non-refundable grants.

Eligible expenses:

- Machinery and equipment, including the costs directly attributable to placing them in the location and under the conditions necessary for their operation;

- Computer equipment, including software necessary for its operation;

Technology transfer through the acquisition of patent rights, licenses, know-how, or technical knowledge not protected by patents;

- Standard software or software developed specifically for a particular purpose;

- Expenses for Certified Accountant or Auditor (up to 5,000 euros)

Engineering services related to project implementation;

Studies, diagnoses, audits, marketing plans, and architectural and engineering projects;

- Studies or reports within the scope of aligning the operation with the "Do not cause significant harm" principle (up to €15,000);

- Expenses related to building construction, remodeling works, and other constructions are eligible up to a limit of 35% of the total eligible expenses of the operation that fall within the Renewable Energy and Agri-food sectors, and up to a limit of 60% of the total eligible expenses of the operation that fall within the Tourism sector.