Territorial Incentive System (NUTS II Region – Algarve)

Investment Typologies

• Creation of micro and small enterprises, corresponding to investment strategies in companies with less than 5 years of activity at the date of application submission;
• Expansion or modernisation of micro and small enterprises, with at least 5 years of activity at the date of application submission.

Eligible Expenses

• Acquisition of machinery, equipment, and necessary software, including installation and location costs. It also covers the construction and refurbishment of buildings when justified;
• Acquisition of patents, licences, technical know-how, and specific software.

Investment Rates and Limits

Budgetary Allocation: 5M€

Minimum investment: 25,000€

Maximum funding: 300,000€

Base rate of 50% for investments located in low-density territories.

Base rate of 40% for investments located in other territories.

Application Date

From 30 April 2026 until 15 January 2027:

• Phase 1 Closing – 30/07/2026 (6 pm)
• Phase 2 Closing – 30/10/2026 (6 pm)
• Phase 3 Closing – 15/01/2027 (6 pm) 

Access Requirements

• Have at least one paid job position, in FTE (Full-Time Equivalent)
• Investments must start by 31 August 2026
• Compliance with the DNSH Principle