Call ALT2030-2024-1 Productive Business Investment for a Just Transition is open to SMEs with operations located in the Alentejo Litoral.
This support is aimed at operations with innovative and qualified activities that contribute to progression in the value chain and, on the other hand, operations that lead to economic diversification, modernization and reconversion, with a focus on strengthening and expanding new industries and new technologically advanced services, aimed at the climate and energy transition.

Objectives of the operation

Investments of an innovative nature that result in the production of tradable goods and services with high added value and a level of national incorporation, corresponding to an initial investment related to:

a. The creation of a new establishment;

b. Increasing the capacity of an existing establishment;

c. The diversification of an establishment’s production into products not previously produced in the establishment;

Beneficiaries

Micro, small and medium-sized enterprises (SMEs) with productive investments in the Renewable Energy sectors (excluding production, storage, transportation, distribution and infrastructure), Agri-food and Tourism.

Geographical Area

NUT III Alentejo Litoral (municipalities of Alcácer do Sal, Grândola, Odemira, Santiago do Cacém and Sines).

Co-financing rate

The financing rate for eligible expenses is obtained from the sum of the following portions, up to a maximum of 60%.

Application period

The application period begins on 22-01-2024 and will run in phases. Closing date for each phase:

Phase 1: April 12, 2024 (6pm)
Phase 2: July 31, 2024 (6pm)
Phase 3: October 18, 2024 (6pm)
Phase 4: December 16, 2024 (6pm).

Eligible costs

Within the scope of this Call for Proposals, the following costs are eligible, provided that they are directly related to the development of the operation:

(a)tangible assets, including the acquisition of machinery and equipment, costs directly attributable to placing them in the location and conditions necessary for them to be capable of operating, as well as the acquisition of computer equipment, including the software necessary for its operation.
In duly justified cases, operations may also include the construction of buildings, refurbishment works and other constructions.

b)Intangible assets, including the transfer of technology through the acquisition of national and international patent rights, licenses, technical knowledge not protected by patent, and standard software or software developed specifically for a given purpose.

c) Other investment expenditure, including expenditure on the intervention of certified accountants or statutory auditors, in validating the expenditure of payment requests; engineering services; studies or reports within the scope of aligning the operation with the “Do No Significant Harm” Principle, as defined in Article 8 of the REITD; diagnostics; audits and architectural and engineering projects.
In the case of operations in the tourism sector, in duly justified cases within the scope of the respective tourism activity, rolling stock that constitutes the very tourism activity to be developed may be eligible, provided that they are directly related to the exercise of that activity and provided that they are not powered by fossil fuels.

Get in touch with our consultants.