Invest2030: the non-refundable support for SMEs that want to grow
Within Portugal 2030, Invest2030 funds innovation and expansion for SMEs in industry, services and tourism. What it is and who it's for.
Growing costs money, and not every good idea has the cash to get going. That’s where Invest2030 comes in, an instrument within Portugal 2030 that offers non-refundable funding — support you don’t have to pay back — to small and medium-sized businesses looking to innovate and expand on the mainland.
Who it’s for
The programme covers SMEs in services, industry and tourism. The logic is simple: help companies with their feet on the ground take the next leap, whether through new equipment, digitalisation, new markets or extra capacity. For a country where the vast majority of the business fabric is SMEs, it’s support that reaches a lot of people.
What to keep in mind
Non-refundable support sounds like a dream, but it demands homework: a solid investment plan, accounts in order, and a project that fits the call’s criteria. It’s worth understanding the deadlines, support ceilings and eligible costs before diving in — and, if needed, asking for help from people who know these processes.
At a time when credit is more expensive, a euro you don’t pay back is worth two. For anyone with a growth plan in the drawer, now’s the moment to pull it out.
See also: savings are paying off again as rates rise. The calls are on the Portugal 2030 portal.
Image: Martin de Lusenet from Heemskerk, Netherlands / Wikimedia Commons (CC BY 2.0)
