European Commissioner for Defence and Space Andrius Kubilius conducted his first official visit to Portugal, meeting Defence Minister Nuno Melo and Education Minister Fernando Alexandre to discuss defence and space policy. He signalled that SAFE funds could reach the Portuguese government in the coming weeks or months, prompting analytical questions about budget timing, allocation between defence and civil space programmes, and coordination between national ministries and EU institutions. The visit underlined the need for clear planning to integrate incoming EU funding with Portugal’s defence and space policy priorities.

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.