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Azores: €10 million for SME investment, decided in three phases up to 30 November
Call ACORES2030-2026-21, opened on 1 September, supports investment above €50,000 by micro, small and medium-sized enterprises with a registered office or permanent establishment in the Azores, in industry, construction, retail, restaurants and services. It carries €10 million from the ERDF, with co-financing of up to 65%.
Funding
€10M
Applications until 30 November
The call
On 1 September, Açores 2030 opened call ACORES2030-2026-21 — Construir 2030, Base Económica Local, with an allocation of €10 million from the ERDF and a maximum co-financing rate of 65%.
Its stated aim is to support SME investment in sectors geared to domestic demand and the local market, encouraging modernisation, productivity gains and the development of the regional economy.
Who can apply
- Micro, small and medium-sized enterprises, including sole traders, commercial companies, cooperatives and complementary business groupings.
- With tax residence, registered office or a permanent establishment in the Autonomous Region of the Azores, and meeting the SME criteria.
- With investment above €50,000.
Sectors covered
| Area | Scope |
|---|---|
| Industry | In the activities identified in the call |
| Construction | Building construction, civil engineering and specialised activities |
| Retail and wholesale | Setting up, relocation, modernisation and expansion, on the terms and within the limits of the call |
| Restaurants and similar | Setting up, modernisation or expansion in existing buildings |
| Services | In the activities identified in the call, including information technology, consultancy and technical activities |
In each area, only the activities identified in the call qualify — it is worth checking the CAE code against the annexed list before preparing an application.
Source: Portugal 2030