Latest news and stories about innovation funding in Portugal for expats and residents.
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Three researchers based in Portugal will develop projects and test whether their work can become valuable tools or products for the public.
On Thursday the bill repealing the tax incentive for innovation through investment in funds is being debated. The scheme, used by companies for tax optimisation and which channelled millions of euros into venture capital funds, has faced repeated criticism over the years from bodies such as the IGF (Inspectorate‑General of Finance).
A preliminary protocol for Banco Português de Fomento’s new Financial Instrument for Innovation and Competitiveness (IFIC) foresees a €1 billion credit line covering projects in reindustrialisation, defence and artificial intelligence. Companies using bank loans to finance the portion of IFIC‑supported projects will benefit from a two‑year grace period, easing early repayment pressures and potentially encouraging private co‑finance. The measure signals a targeted industrial‑policy push to mobilise investment and employment in strategic sectors while leveraging public support to unlock additional bank lending.
Home News €5 million for space in Portugal €5 million for space in Portugal The Regional Programme for the Centre (Centro 2030) has launched a call for proposals, with a budget of €5 million, to support business investment linked to the space sector.
