Territorial-based investments - Innovation and modernization to increase production and Creation of new companies and businesses
Support for:
• Investment projects to create micro and small businesses
• Projects for the expansion or modernization of micro and small businesses These projects should contribute to employment, the modernization and resilience of local economies and the diversification of the Algarve's productive base.
In this notice, activities included in the tourism sector are not eligible: Divisions 55, 79, 90, 91, in groups 561, 563, 771, and activities that fall into subclasses 77210, 82300, 93110, 93192, 93210, 93292, 93293, 93294, and 96040 of the Classification of Economic Activities Rev 3.
Eligible costs
• Tangible assets, including the acquisition of machinery and equipment, directly attributable costs to place them in the location and conditions necessary for them to be able to function, as well as the acquisition of computer equipment, including the software necessary for their operation. These expenses must be recoverable and included in the company's assets;
• Intangible assets, including the transfer of technology through the acquisition of national and international patent rights, licenses, technical knowledge not protected by patents, and standard software or software developed specifically for a specific purpose. These expenses must be recoverable and included in the company's assets;
• Studies, diagnoses, audits, marketing plans, architectural and engineering services related to and essential to the implementation of the investment project;
• Costs incurred with participation in external fairs and exhibitions, including space rental, construction and operation of the stand;
• Costs of specialized consultancy services, provided by external consultants, which do not constitute continuous or periodic activity, nor are they related to the normal functioning of the beneficiaries' activity, including expenses with the intervention of certified public accountants or statutory auditors, in the validation the expense of payment requests;
• Costs associated with certification of products, processes or services, design costs and registration of new brands.
• Construction of buildings, renovations and other constructions, as long as they are duly justified by the objective of the operation;
• Indirect costs.