SI Productive Innovation

The SI Productive Innovation measure allows financing of innovative operations that result in the production of tradable and internationalizable goods and services with high added value and a high level of national incorporation.

What it can finance:

1. The creation of a new establishment.
2. The increase in capacity of an existing establishment, with the increase corresponding to at least 20% of the installed capacity compared to the pre-project year.
3. The diversification of an establishment’s production to products not previously produced in the establishment, with eligible costs exceeding at least 200% of the book value of the assets being reused;
4. A fundamental change in the overall production process of an existing establishment.

Beneficiary entities:

Micro, small, and medium-sized enterprises (SMEs)

Financing rates:

The financing rate for eligible operations is obtained from the sum of the following items, up to a maximum of 40%:
A) Base Rate:
Medium-sized companies: 25%
Micro and small enterprises: 30%
B) Bonuses:
Sectoral policy priorities: 5% for each of the following priorities, up to a limit of 10%:
a) Dynamic collective bargaining – operations by entities with dynamic collective bargaining, considering the signing or renewal of Collective Labor Regulation Instruments less than three years old.
b) Industry 4.0 – operations in the area of Industry 4.0, where digital transformation will allow disruptive changes in business models, products, and production processes.
c) Climate Transition – operations in areas that significantly contribute to the objectives of the Climate Transition.
d) SME Capitalization: 5% to be attributed to operations whose private component is mainly financed by equity, namely, share capital, incorporation of advances, and supplementary capital contributions.

Eligible costs:

a) Tangible assets, including the acquisition of machinery and equipment, costs directly attributable to placing them in the location and conditions necessary for their operation, as well as the acquisition of computer equipment, including the software needed for their operation.
b) Intangible assets, including technology transfer through the acquisition of patent rights, national and international, licenses, technical knowledge not protected by patents, and standard software or software developed specifically for a particular purpose.
c) Other investment expenses, including expenses for the intervention of certified accountants or statutory auditors in validating the expense of payment requests; engineering services; studies, diagnostics, audits; studies or reports within the framework of the operation’s alignment with the “Do No Significant Harm” Principle, as defined in Article 8 of the REITD; marketing plans; architectural and engineering projects and services.

Rules or specific limits on the eligibility of expenditure (when applicable):

1. Supported operations must have a minimum total eligible expenditure of 250,000 euros and total eligible expenditure, assessed based on the data presented in the application, less than 25 million euros.
2. This Notice does not cover the eligibility of investments with any costs incurred before the date of the application or the aid request, including feasibility studies.
3. The other investment expenses referred to in point (c) of the previous Point may not exceed 20% of the total eligible expenses of the operation.
4. The costs of intervention by certified accountants or statutory auditors in validating the expense of payment requests, included in point (c) of the previous Point, may not exceed 5,000 euros.
5. The costs of conducting studies or reports within the framework of the operation’s alignment with the “Do No Significant Harm” Principle, as defined in Article 8 of the REITD, included in point (c) of the previous Point, may not exceed 15,000 euros.
6. The costs of building construction, remodeling, and other construction works may not exceed the following limits:
• For operations located in NUTS II North, Central, Lisbon, and Alentejo:
a) 60% of the total eligible expenses of the operation for tourism sector operations.
b) 35% of the total eligible expenses of the operation for industry sector operations.
• For operations located in NUTS II Algarve:
a) 70% of the total eligible expenses of the operation for industry and tourism sector operations.
b) 90% of the total eligible expenses of the operation for industry sector operations that fall within the scope of the RIS 3 Regional and contribute to the development of innovative solutions based on R&D results and the integration and convergence of new technologies and knowledge.

Geographic areas:

North, Central, Lisbon, and Algarve

Incentive rates:

40%