Innovation and Internationalization of SME

Objectives

Assist companies in order to develop strategies for innovation, growth, modernization and internationalization.

Companies certified as SME (PME) by IAPMEI, which respective CAE is in-scope of SAFPRI (Industry, Energy, Construction, Trade, Tourism, Transportation / Logistics, Services), with head-offices in the NUTS II regions of the North, Centre and Alentejo, and compliant with the provisions set forth in Article 8 of the SAFPRI Regulation.

Eligible projects

Internationalization, innovation and / or modernization projects promoted by SME.

Investment policies

Based on the Business Plan and where applicable in other elements of analysis for each project and prospects for sustained profitability / viability, consistent with market conditions.

Conditions for Funds' participation

Participation of Venture Capital Fund per company cannot exceed the amount of 1.5 million Euro per each 12-month period.

At least 70% of the Venture Capital Fund’s participation in each project must be secured by equity or quasi equity.

Venture Capital Funds to be created or strengthened under this program:

Management Entity

Venture Capital Fund

Portugal Capital Ventures, SCR, S.A.

FCR Portugal Ventures Indústrias Criativas

Haitong Capital, SCR, S.A.

FCR PME/Novo Banco

Espírito Santo Ventures, SCR, S.A.

FCR Espírito Santo Ventures Inovação e Internacionalização

ISQ, SCR, SA

FCR ASK Celta

Portugal Capital Ventures, SCR, S.A.

FCR Portugal Ventures Internacionalização

Portugal Capital Ventures, SCR, S.A.

FCR Turismo Inovação

Capital Criativo, SCR. SA

FCR Capital Criativo I

2BPartner, SCR, SA

FCR Minho Inovação e Internacionalização

Novabase Capital, SCR, SA

FCR Novabase Inovação e Internacionalização

Total value of Venture Capital Funds
217 million Euro

ERDF (FEDER) contribution (via FINOVA)
77.5 million Euro