Fast-Track support for Strategic Investments in Portugal
Developing large-scale projects in Portugal can be a complex journey, requiring coordination across multiple stages and entities. However, securing Portuguese Important Project (PIN) or Investment Project for the Interior (PII) status unlocks a powerful advantage—streamlining approvals and accelerating progress.
With direct support from key governmental bodies such as APA, CCDR, Floene, REN, and others, investors benefit from: ✔ Priority in licensing – ensuring faster approvals ✔ Simultaneous administrative processing – cutting through bureaucracy ✔ Significant reduction in timelines – getting projects off the ground quicker
For those looking to invest in Portugal, PIN/PII status is the key to unlocking efficiency and success.
Intended for R&D solutions associated with the transport of H2 and other areas
EUREKA is accepting project applications of R&D solutions involving green hydrogen, in order to face global challenges such as climate change and the consequent need to develop low carbon energy technologies.
Focusing on hydrogen transport infrastructure, projects can address topics such as:
Batteries and fuel cells;
H2 generation and storage pilot plants;
New processes using H2 at industry level;
New systems, equipments for Hydrogen control, regulation and distribution.
The call is intended to projects, with maximum duration of 36 months, in a consortium of companies and research centers, which must include at least 2 entities from 2 participating countries (Belgium, Canada, Finland, Germany, Ireland, Netherlands, Portugal and Spain).
The following are considered eligible expenses: the acquisition of patents, consumable raw material and components, technician hours, among other expenses.
The incentive is non-refundable up to EUR 1 million (for companies), with a maximum financing rate of 65% for large companies and 85% for SMEs, and there is no maximum funding limit per project. However, funding will be distributed until the budget runs out.
Applications will be carried out in 2 stages, the first ending on November 5th, 2021. The second stage refers to the application to the call Industrial R&D Projects on a European Scale which will open in the first quarter of 2022.