European Funds
The pandemic crisis we are experiencing has brought unprecedented challenges, with an impact on organisations in the form of revenue and demand reduction, strong pressure on liquidity, as well as uncertainty and insecurity about the future.
To mitigate the economic and social impacts of this crisis, the European Commission devised the Next Generation EU, a plan to support member states by financing reforms and recovery investments.
These extraordinary funds, combined with the European Union's long-term financing instruments (Portugal 2020 and Multiannual Financial Framework 2021-2027), represent essential funding opportunities to support economic recovery and to strengthen the digital and climate transition in Europe.
In partnership with IDC, Zertive has the know-how and experience to support companies searching and obtaining financing for their technological projects.
NEWS
Portugal received the first RRP payment
The first RRP disbursement, amounting to €1.16 billion, was received on May 9th 2022.
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Portugal may receive another €1.6 billion from RRP
The Government expects to receive another €1.6 billion, due to the new grants calculation. The amount will be settled in June.
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Support fund for industrial decarbonisation (RRP)
Applications are now open for the EUR 705 million support fund for industrial decarbonisation, under the RRP.
Know moreFUNDING OPPORTUNITIES
It is crucial to understand which are the main EU financing lines that support the transition to economic recovery in the 2020-2030 horizon.
PORTUGAL 2020
EUR 11.2 billion
The 2014-2020 Partnership Agreement is nearing completion.
However, notices will still be issued to use the remaining funds, namely under the “Incentive System for Productive Innovation”.
NEXT GENERATION EU
EUR 18.9 billion
RECOVERY AND RESILIENCE FACILITY
Reform and structural measures, with medium / long term impact, to support recovery projects, digital and climate transition.
REACT-EU
Financing with short-term impact, to repair damage in crucial economic areas: health, employment, business, ecological and digital transition.
JUST TRANSITION FUNDS
Support to ensure a fair evolution towards an environmentally neutral economy, alleviating socio-economic impact.
RURAL DEVELOPMENT
Funds aimed at boosting sustainable and competitive agriculture, promoting rural areas, without neglecting environmental protection.
RECOVERY AND RESILIENCE FACILITY
Portuguese Recovery and Resilience Plan
This plan comprises 3 dimensions and 19 Components, foreseeing an investment of around EUR 16.6 billion: EUR 13.9 billion in the form of grants and EUR 2.7 billion in loans.
70% of the non-refundable amount must be authorized in 2021-2022 and the remaining in 2023.
Resilience
EUR 10.9 billion
9 components:
(C1) National Health Service
(C2) Housing
(C3) Social Responses
(C4) Elimination of Poverty in Metropolitan Areas
(C5) Investment & Innovation
(C6) Qualifications & Skills
(C7) Infrastructure
(C8) Forests
(C9) Water Management
Climate Transition
EUR 3.2 billion
5 components:
(C10) Sustainable Mobility
(C11) Industry Decarbonisation
(C12) Sustainable Bioeconomy
(C13) Energy Efficiency in Facilities
(C14) Hydrogen & Renewables
Digital Transition
EUR 2.5 billion
5 components:
(C15) Digital School
(C16) Enterprise 4.0
(C17) Quality & Sustainability of Public Finances
(C18) Economic Justice & Business Environment
(C19) Public Administration - Training, Digitalisation and Interoperability
MULTIANNUAL FINANCIAL FRAMEWORK 2021-2027
The new Community Framework
EUR 33.6 billion
The EU's long-term budget will provide funds to Portugal, to be materialised in the 2021-2027 Partnership Agreement, based on the Portugal 2030 Strategy framework, with 4 Thematic Areas.
People First: a better demographic balance, greater inclusion, less inequality
Thematic Area 1
Mitigate population loss; Recover birth indicators; Strengthen migratory balances; Reduce the incidence of exclusion phenomena (long-term unemployment, poverty, inequality and job insecurity among adults and young people).
Digitisation, innovation and skills as drivers for development
Thematic Area 2
Increase spending on Research & Development; Achieve European leadership in digital skills; Increase exports of goods and services; Increase financial resilience and digitalisation of small and medium-sized enterprises (SMEs); Strengthen the attraction of foreign direct investment (FDI).
Climate transition and resource sustainability
Thematic Area 3
Reduce global emissions of greenhouse gases; Increase the weight of renewable energies; Reduce the consumption of primary energy and the burnt area.
An externally competitive and internally cohesive country
Thematic Area 4
Promote the harmonious development of the national territory; Ensure that GDP per capita in all NUTS II regions converge with the European average.
OUR SUPPORT FOR ORGANISATIONS
The support of the IDC-Zertive partnership can make a difference in access to grants and in implementing projects.
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I. Identifying opportunities
Maturity assessment and context analysis, through best practices
IDC use cases
.
Identification and implementation of transformation initiatives, leveraged by the
IDC Future Enterprise framework.
Definition of a digital transformation roadmap.
Advisory on funding sources.
II. Project planning
Reasoning of the project's merits.
Investment map planning and projection.
Economic and financial viability analysis (business case).
Setting goals and KPIs.
Impact studies.
