Latest news and stories about compete program in Portugal for expats and residents.
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“We work in very precarious conditions,” the president of Compete says peremptorily, and therefore acknowledges the “major difficulty” in meeting the Government's target to analyse applications within 60 days and make payments within 30 days. “We work in very precarious situations in terms of human resources and capacity to ...”
Compete will open five funding calls in January for large companies, accounting for roughly one third of the programme’s corporate allocation under Portugal 2030, the agency’s president told ECO dos Fundos. The calls come with strengthened support rates aimed at accelerating project implementation and unlocking private investment. For large firms, the tranche presents a concentrated opportunity to secure EU-backed grants that could expedite capital expenditure, support job-creating projects and align corporate investment with Portugal 2030 priorities. The measure also signals an administrative push to deploy funds faster, with potential sectoral and regional impacts depending on application uptake and award conditions.
