How can I apply for up to 60% grant funding in the Alentejo Region?
Applying for grant funding of up to 60% in the Alentejo Region involves a straightforward process aimed at supporting small businesses and industry projects. Begin by preparing your project proposal that aligns with the eligibility criteria established by the government. It is vital to ensure that your project focuses on transformative industries or tourism-related sectors since those are the areas primarily funded under the current grant initiatives.
The funding scheme allows for investments ranging from €15,000 to €300,000, offering a significant financial boost for new initiatives or expansions. Interested businesses will need to demonstrate their business viability and the positive impact they aim to achieve in the Alentejo region. Projects that cater to low-density territories are eligible for 50% funding, while those in the Alto Alentejo region can access up to 60% support.
To maximise your chances of a successful application, consider gathering all necessary documentation, including business plans, financial forecasts, and details of the intended investments. Additionally, consulting with local experts can provide insights into potential pitfalls and ensure that all submitted documentation is comprehensive and accurate. This strategic approach could significantly increase the likelihood of receiving the grant.
It's also beneficial to keep abreast of deadlines and application windows to ensure you submit on time. Once your project proposal is ready, you can submit it through the designated online platforms recommended by the Alentejo sector authorities. Don’t miss out on this incredible opportunity to secure vital funding for your business growth—start your grant application process today!
Applications are open for the measure S.I Territorial Base, for the Alentejo Region.
Central Region
Supported Sectors:
Transformative Industries: CAE 10 to 33
Accommodation and Restoration: CAE 55 and 56
Minimum Investment = €15,000
Maximum Investment = €300,000
Nature and Support Rate: Grants
50% for investments located in low-density territories;
40% for investments located in other territories.
60% for investments located in the Alto Alentejo region
Eligible Entities: Micro and Small Enterprises
For project purposes, the eligible area will be the project implementation area, and the company headquarters may be in another region of the country.
Eligible Investments:
Construction of buildings, renovation works and other constructions;
Purchase of machinery and equipment;
Computer equipment, including software;
Standard software or software developed specifically for a particular purpose, websites, online stores,...;
Studies, diagnostics, audits, marketing plans, architectural and engineering services;
Costs of specialized consulting services, provided by external consultants, that do not constitute a continuous or periodic activity, nor are related to the normal operation of the beneficiaries' activity;
Costs associated with the certification of products, processes or services, costs of designing and registering new trademarks;