Cash grant

Scope    |    Type of Investment Projects    |    Sector Scope    |    Eligible Expenses    |    Support    |    How to Apply

Scope:

• Investment projects with a positive impact on innovation, exports of goods / services and the creation of highly qualified jobs;
• Projects with eligible expenses (capital expenditure) > 25.000.000 €

(Projects below 25 million EUR are subject to a different cash grant incentive scheme available only for SMEs)

Type of investment projects:

• setting-up of a new facility;
• increase in capacity of an existing facility;
• output diversification, i.e. enabling a facility to manufacture / deliver new products or services;
• fundamental change in the production process or in the provision of the service of an existing facility.

Sector Scope:

• Manufacturing Activities: Divisions 05 to 33 under NACE / ISIC “Classificação de Atividades Económicas Rev 3” (CAE Rev 3 – in Portugal).
• Tourism Activities: Divisions (2-digits) 55, 79, 90, 91; groups (3-digits) 561, 563, 771; activities belonging to subclasses (5-digits) 77210, 82300, 93110, 93192, 93210, 93292, 93293, 93294, and 96040 under NACE / CAE Rev 3.

Eligible Expenses:

• Tangible Fixed Assets: costs of acquisition of new machinery and equipment; construction and building costs (building costs up to 35% of total eligible expenses). (Land acquisition costs are not eligible).
• Intangible Fixed Assets: acquisition of software; technology transfer (up to 50% of total eligible expenses).
• For projects entailing a significant number of new highly qualified jobs and net job creation, wage expenses (salary + social security), over a period of 2 years, may be considered as an alternative to the fixed assets listed above.

Investment Period: 2 years maximum

Support: Cash Grant of up to 30% of eligible expenses, for projects up to €50 Million.

Maximum rate of support for non-SMEs, for projects up to €50 Million

• Selected municipalities in Algarve: São Brás de Alportel, Alferce, Boliqueime, Cachopo, Ferreiras, Loulé (São Clemente), Loulé (São Sebastião), Mexilhoeira Grande, Monchique, Paderne, Pechão, Quelfes, São Bartolomeu de Messines, São Marcos da Serra, União das freguesias de Algoz e Tunes, União das freguesias de Conceição e Estoi, Vaqueiros.
• Selected municipalities in Lisbon: Alcochete, Gâmbia-Pontes-Alto da Guerra, Moita, Pinhal Novo, Quinta do Anjo, Sado, São Francisco, União das freguesias de Atalaia e Alto Estanqueiro-Jardia, União das freguesias de Gaio-Rosário e Sarilhos Pequenos, União das freguesias de Palhais e Coina, União das freguesias de Pegões, União das freguesias de Poceirão e Marateca.
• For projects with over €50 million of eligible expenses, the grant (state aid) is subject to European Commission approval and the support rate must be adjusted; it is necessary to compute the ‘adjusted aid amount’. This means the maximum permissible aid amount for a large (over €50 million of eligible expenses) investment project, according to the following formula: = R × (A + 0,50 × B + 0,34 × C) where: R is the maximum aid intensity in the area concerned. B is the part of eligible costs between €50 million and €100 million. C is the part of eligible costs above €100 million.
• Cumulative with Tax incentives (for the same investment project, up to the maximum state aid allowed for the region).
• Maximum support rates are available in the Regional Aid Map for Portugal.

How to Apply:

• Online applications are to be submitted before the start of an investment project.
• Call open until December 31st, 2024. 

Last updated: 05/05/2025