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Portugal 2030: everything that is already known about the launch | Discover the three new features

02 03 2023
Portugal 2030: everything that is already known about the launch | Discover the three new features

It seems that this is finally it! After the opening of pre-applications and the European Commission having approved all the programmes of the new community framework, March has been confirmed as the launch month for Portugal 2030.

This is long-awaited news, thus allowing Portuguese companies to have greater muscle when preparing their investment projects.

Discover the three new features:

 

  1. March will be the launch month for Portugal 2030
    According to the Minister of the Presidency, Mariana Vieira da Silva, in an interview with Expresso, the first calls for Portugal 2030 will be launched as early as March.
    Our expectation is to be able to launch the first calls for each of the programmes by the end of March. We are currently identifying the first calls”, explains the Minister of the Presidency.
  2. Annual Call Plan in September
    One of the novelties, advanced by Expresso, is that Portugal 2030 promises to provide an updated calendar of the different opening notices for European support competitions for the following 12 months - the Annual Call Plan - so that entrepreneurs, mayors, and other beneficiaries can better plan their applications and investment projects.
    During the summer we will be working so that, starting in September, the Call Plan will enter into force (…) With this instrument, we will have greater predictability. For companies, which can organise themselves because they already know when the launch of a certain call is foreseen, and also for the management of the teams, who then have to analyse [them]”, explains the Minister of the Presidency.
  3. Large companies may be left out but there are two alternatives
    Large companies - over 250 employees - can no longer go to Portugal 2030 to fetch the traditional productive innovation incentives that allow investing in factories or buying machines.
    However, Mariana Vieira da Silva reminds us that PT2030 foresees access for large companies to support for research and development (R&D) projects, provided they are in partnership with SMEs.
    It should also be added that the Minister of Economy, António Costa Silva, and the Secretary of State for European Affairs, Tiago Antunes, revealed the Government's intention to negotiate the flexibilisation of these rules in the context of the European Union's response to the Inflation Reduction Act, the incentive package launched by the USA to attract companies to the other side of the Atlantic.

 

Until the official launch, what can companies already do to streamline the application?

Anticipate, Anticipate and Anticipate for everything to go well!

Pre-applications within the scope of the Incentive Systems for Research and Technological Development (Business R&D) and Productive Innovation of PT2030 are already open. This step is fundamental to maximise the probability of your application's approval.

3 main reasons to proceed with your pre-application as soon as possible:

  • Being ahead of the competition
  • Starting investments the day after project submission
  • Better positioning the project in the subsequent application and decision phases 

Find out more in our article dedicated to this topic.

Talk to us

We know that growing a business is not an easy task. It demands dedication, persistence, and daily attention. At Yunit, we support companies in making better decisions so they can take the qualitative leap they aspire to in their growth. Therefore, we know that it is essential to prepare PT2030 applications in advance.  

And to avoid surprises, these are the essential steps: 

  • Elaborate the Strategic Analysis and Feasibility Study (Business Plan)
  • Ensure the necessary funding sources (without considering PT2030 support)
  • Frame within the most suitable Existing Incentive Systems

To ensure approval of your application, it is important to trust in the help of specialised professionals. Schedule a conversation with our team of consultants to proceed with your pre-application.

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