• Requalification and repositioning of enterprises, establishments and activities related to defined economic activities (including expansion);
• Creation of enterprises, establishments and activities related to defined economic activities, as long as they are implemented in low-density territories, suitable for current or potential tourist demand, overcome supply shortages and add value to the existing offer in the region;
• Entrepreneurship* (enterprises, equipment or tourist entertainment activities - CAE Groups 931 and 932 - and services associated with the tourism sector, with a particular focus on technology-based ones).
* - Up to R$500 thousand in eligible investment;

Project access conditions:
• Prior approval of the architectural project in cases where licensing is required and, when
the procedure for prior communication, demonstration of its
presentation to the city hall;
• Sources of financing are assured, including a minimum of 20% of the
eligible investment;
• Contribute to the economic and financial improvement of the respective companies;
• Do not exceed 2 years of execution, except in duly justified and accepted situations;
• Provide for the development and implementation of environmental management measures and measures that
promote accessibility.

Low Density Territories Algarve: Alcoutim Aljezur Castro Marim Monchique Vila do Bispo

Financing rate of up to 30%