PT2030 - Productive Innovation: 7 key issues

There is much talk about the new PT2030 - Productive Innovation call, but do you know everything about the subject?

Since the new Business Competitiveness Productive Innovation IS has different specificities from the previous one, we have gathered in this article some of the questions that companies have asked us when they intend to evaluate the eligibility of their investments.

1. Can I make investments in facilities in different geographical locations within the scope of one application, or do I have to submit an application for each planned investment? Yes, it is possible to include investments in different establishments located in distinct regions in a single application, with the exception of the Lisbon and Algarve regions. In these cases, it is necessary to submit a separate application for these regions, and another for the remaining one(s).

2. I am a micro-enterprise. Can I apply for this incentive? What is the maximum financing rate? Yes, micro-enterprises are covered by this call and the maximum incentive rate is 40%, non-repayable.

3. Are there maximum and minimum limits for the investment to be applied for? Yes, eligible expenditure ranges between €250,000 and €25 million.

4. My company operates in the agri-food sector and is based in the Alentejo Litoral. Can I apply for this Incentive System? Operations falling within the renewable energy, agri-food, and tourism sectors in the NUTS III region of Alentejo Litoral are not eligible. However, there is a specific Call for companies in this situation. 

5. What are the main eligible investments?

• Productive machinery and equipment
• Computer equipment, including software
• Technology transfer through the acquisition of patent rights and licences
• Engineering services and studies, diagnoses, audits, marketing plans, architectural projects, and studies or reports within the scope of the operation's alignment with the 'Do No Significant Harm' Principle
• Construction of buildings and refurbishment works (tourism and industry)
• Rolling stock/vehicles connected to the tourism activity (tourism)

6. I have a Productive Innovation application still running under PT2020. Can I submit a new application to this new call, even without having submitted the project closure? Yes, it is possible to submit a new application, provided that the investment project is distinct from the previous one.

7. I did not make the Request for Aid Registration (PRA). Can I submit my application in the 1st phase of the call calendar? Yes, it is possible to submit the application now, especially because immediately after its submission, you can begin executing the investments. However, its analysis and decision will only be carried out in phases 3 and 4.

For all these reasons, it is essential that companies prepare and structure their investment projects in advance in order to maximise the probability of their application's approval and, thereby, leverage their growth and competitiveness. 

Do you already have a structured investment project?  Schedule a conversation with our team of consultants.