The representativeness of the tourism sector in the Portuguese economy continues to generate attractiveness among entrepreneurs and investors.
However, the challenges and opportunities of today are necessarily different from those that have arisen in the past. Today, sustainability, innovation, differentiation and territorial cohesion are some of the watchwords when it comes to the development of Tourism.
In order to respond to the current framework, promoting the development of the sector, applications for the following investment support measures are currently open:
\\ Offer Qualification Helpline
Medium and long-term financing of tourism projects that translate into one of the following typologies:
- Projects of requalification and repositioning of enterprises, establishments and activities;
- Projects for the creation of enterprises, establishments and activities implemented in low-density territories;
- Entrepreneurship projects.
Support in the form of a loan up to a maximum of 80% of eligible expenditure.
The part of the loan granted by Turismo de Portugal does not bear interest and 30% of this amount may not be converted into a performance premium.
\\ Microcredit Line Tourism for the Interior
Financing of investment projects promoted by micro and small companies in the tourism sector, which contribute to the improvement of their competitiveness, to an adequate and sustainable structuring of the tourism offer and to the qualification of low-density territories.
Support in the form of a loan, without any remunerative interest, up to a limit of 90% of the eligible expenses, with a limit of € 30,000.
\\ Productive Innovation
Financial support for individual projects in innovative activities, which propose to develop an initial investment related to the following typologies:
- Creation of a new establishment;
- Increasing the capacity of an existing establishment;
- Diversification of the production of an establishment for products not previously produced in the establishment;
- Fundamental change in the overall production process of an existing establishment.
Non-reimbursable support up to a maximum of 40% of eligible expenditure.
\\ Portugal Events
Projects that promote the capture and realization of events that, by their positioning, notoriety, contribution to the creation of territorial dynamics, diversification of the tourist experience and tourist dispersion in space and time, enhance the dynamization of local economies, particularly in low-density territories, or favor the international projection of Portugal and its regions.
Support in the form of a non-refundable incentive, up to a limit of € 250,000, in the case of Strategic Tourist Events, and up to a limit of € 50,000 in other cases, plus an increase of 25% if, in both situations, the events are held in Low Density Territories.
How can Moneris help?
In moneris’ Corporate Finance area we maintain a special focus on Community Incentives, with a specialized team that has already accompanied numerous companies in their applications for structural funds, with an approval rate of more than 90%.
In the particular context of the Tourism sector, we also have the specialists of our Tourism Competence Centre, who understand the specificities and needs of a structural sector for the Portuguese economy, which has undergone enormous transformations and challenges in recent years, and which has in innovation and technology an engine of growth and differentiation.
If you want to invest in this sector, contact us to frame your project, without obligation. via email firstname.lastname@example.org.