Funds Revitalizar are regional based funds, each fund corresponding to a geographical limited area as set forth as per NUTS II (North, Center, Lisbon, Alentejo and Algarve). These funds were approved by the Portuguese Government in 2012 and are intended to intervene in the management of companies, mostly SME, with a view to pursuing strategies of expansion, thus contributing to the acceleration of economic growth, enhancing the renewal of the business and its ability to create wealth.
Companies certified as SME by IAPMEI which “CAE” are covered by SAFPRI (Industry, Energy, Construction, Trade, Tourism, Transportation / Logistics, Services).
Financing expansion, innovation and / or modernization projects or projects being set-up and launched, both promoted by SME.
The investment decisions of the Fund should be based on Business Plans, detailed product, sales and profitability information and, where applicable, other elements of analysis for each project, and based in feasibility projections, in line with market conditions.
Conditions for Funds’ participation
Contribution of the Fund cannot exceed the amount of 1.5 million Euro per company, per each 12-month period;
At least 70% of the Liquidity should be applied to capital or quasi capital financial instruments of the ultimate beneficiaries of the investments of the Fund.