SICE Productive Innovation: Other Territories
SICE – Productive Innovation – Other Territories is an incentive with the aim of promoting innovation and competitiveness in less developed regions. It offers financial support to companies that want to invest in innovative projects in these regions, aiming to boost economic growth and job creation.
Intervention areas
- The creation of a new establishment;
- Increasing the capacity of an existing establishment;
- The diversification of an establishment's production to products not previously produced in the establishment;
- The fundamental change of the overall production process of an existing establishment.
Innovation projects that aim at one of the following objectives are considered:
• Product Innovation;
• Process Innovation;
• Marketing Innovation;
Geographic Areas
NUTS II regions of the Continent (North, Center, Lisbon, Alentejo and Algarve), outside the low-density territories defined by CIC Portugal 2020.
Maximum financing rate – 40%;
Base fees:
- 25% medium-sized companies;
- 30% micro and small companies;
Operations located in the Alto Alentejo, Beiras and Serra da Estrela sub-regions:
- 30% medium-sized companies;
- 35% micro and small companies;
Increases:
5% for fulfilling each of the following priorities, up to a limit of 10%:
“Dynamic collective bargaining” – Operations of entities that have dynamic collective bargaining;
“Industry 4.0” – Operations in the Industry 4.0 area, where digital transformation will allow disruptive changes in business models, products and production processes;
“Climate Transition” – Operations in areas that contribute significantly to the Climate Transition objectives;
“SME Capitalization”: 5% to be allocated to operations whose private component is financed mainly by equity.