The Algarve Operational Program (POAlgarve) has two calls for tenders open under the National Production Support Program (Local Base) – PAPN for micro and small companies.
Notice No. ALG-D7-2020-50 is directed exclusively to industry, with the objective of promoting the diversification of the regional productive base, until February 26th.
Notice no. ALG-D7-2021-03 aims mainly to stimulate investments in energy efficiency, promotion of circular practices and digitalization in companies, until March 22.
Companies must make a commitment to maintain jobs, with no requirement to create new jobs.
Total eligible investment projects up to a maximum of 235 thousand euros may be eligible, with a maximum support rate of 60% (non-refundable incentive).
The maximum duration of the projects is 12 months, counted from the start date of their realization, and can, with valid justification, be extended by the Managing Authority for another 6 months, with the deadline for eligibility of expenses ending at 30 June 2023.
To compete, the promoter must access Balcão 2020. Authentication on the portal requires the use of the Tax Identification Number and the password provided by the Tax and Customs Authority.
See here these and other open notices, within the scope of CRESC Algarve 2020, with the support of European Union funds.