Compete will launch calls equivalent to one-third of its allocation
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.
Projetos parados vão receber em fevereiro cartas de revogação do apoio do PT2030
Compete will launch a clean-up operation to revoke PT2030 support for projects that were approved but have not started implementation within three months. The review aims to free up EU funding tied to non-executed projects; affected business owners should expect revocation letters beginning in February. The move signals a stricter enforcement of grant timelines and should prompt beneficiaries either to commence work promptly or risk losing allocated support, allowing funds to be reallocated to active projects.
