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Support for Residential Condominiums

Applications are open for the Residential Condominiums Support Program, part of Component 13 of the PRR – Energy Efficiency in Residential Buildings.

This program aims to promote the adoption of thermal insulation solutions for facades, roofs, and floors, which present greater potential for energy efficiency and energy savings in buildings.

Scope: Existing multifamily residential buildings, in total property regime with floors or divisions susceptible to independent use or in horizontal property regime.

Beneficiaries: Residential condominiums and individual owners (in the case of total property).

With a budget allocation of €12,000,000, this program grants a maximum total support of €150,000 per beneficiary, in the form of a Non-Refundable grant.

For more information, contact us via the email info@bergconsulting.pt.

Empreende XXI

Empreende XXI is a fund executed by IEFP in partnership with Startup Portugal and aims to support the creation and development of new business projects, carried out by people registered with IEFP.

It is intended for people over 18 years old who present an economically and financially viable business idea and are registered with IEFP.

The supports granted under Empreende XXI are provided under the community aid regime of minimis, namely, in terms of the maximum amount per entity and can be:

  • Support for company creation:
    • 15% of the eligible investment corresponds to own capital;
    • 85% of the eligible investment is financed by IEFP, in the following modalities:
      • Non-refundable grant, up to a limit of 40%.
      • Interest-free loans, up to a limit of 45%.
  • Support for self-employment creation:
    • Support in the form of a non-refundable grant, up to the amount of 15 times the IAS value.

Applications until December 31.

For more information, contact us via the email info@bergconsulting.pt.

Call Tourism + Growth

Call Tourism +Growth is a support line promoted by Portugal Ventures in partnership with Turismo de Portugal.

It aims to promote access for tourism companies to venture capital financing, for the development of projects that:

– Strengthen the competitiveness of the country’s tourism offer.

– Improve the tourist experience.

– Promote greater operational efficiency.

This line is aimed at tourism companies of any size, less than 7 years old, with projects:

  • In capitalizing companies that induce tourism activity growth, through expansion, internationalization, or competitiveness improvement projects that have already started the production/commercialization of their products/services.
  • In Build Up operations with the aim of mitigating the sector’s atomization, through merger and consolidation processes of companies.

Applications are open until April 30, 2023 or until the budget allocation of €10M is reached. The investment ticket per company varies between a minimum of €150,000 and a maximum of €1.5M.

Consolidate +Tourism Line

Consolidate +Tourism Line

Consolidate +Tourism Line aims to support tourism companies in coping with capital repayment installments due to Banking Institutions, contracted through credit lines promoted by the Portuguese Development Bank, because of the Covid-19 Pandemic.

This support takes the form of a Refundable Incentive (interest-free) and is intended for Micro and Small companies whose activity is mostly touristic.

The financing corresponds to 75% of the capital repayment installments due to the credit institution during the year 2023, up to a maximum of €40,000 per company (€50,000 in the case of low-density territories).

Loan installments paid or due between January 1 and December 31, 2023, are considered.

Support is transferred to the company in two tranches:

  • The first tranche, corresponding to 50%, is settled after signing the Acceptance Term;
  • The second tranche (50%) is settled after at least three months from the first tranche.

Applications are open until December 31, 2023, or until the budget allocation of €30M is reached.

Learn more about the support available for tourism here.

For more information on Consolidate +Tourism Line contact us via our email.

 

PRR – Voucher for Startups

PRR – Voucher for Startups

The PRR – Voucher for Startups – New Green and Digital Products call directly contributes to the PRR’s objectives.

This line created under the Digital Transition dimension of the PRR targets two priorities:

i) Creating conditions for the development of start-ups, particularly in the “Green and Digital” axes.

ii) Supporting simplified projects for startups, whose objectives consist of providing digital products or services that:

– Positively contribute to climate transition through high resource use efficiency.

-Allow the reduction of pollution impacts, foster the circular economy, constitute new energy production solutions, and/or are characterized using Open Data or Artificial Intelligence.

This call is aimed at startups that assume the form of SMEs, of any nature or legal form, created less than 10 years ago.

In this sense, the support provided to SMEs is non-refundable, with a limit of €30,000 per beneficiary, 100% as a grant.

The application form will be available from November 25, and applications will be open until the receipt of the limit number of applications, based on the budget allocation of €45M.

Learn more about the available supports here.

For more information on PRR – Voucher for Startups, contact us via our email.

Internationalization of SMEs – Joint Projects

[CLOSED CALL]

 

Under the Internationalize 2030 Program and the extraordinary mechanism of anticipation of Portugal 2030, this call prioritizes increasing exports of products and services, increasing the number of exporters, and diversifying export markets.

 

Joint internationalization projects aimed at:

– Understanding external markets (fairs/exhibitions).

– Prospecting and presence in international markets.

– Promoting international marketing actions (promotion actions), including the use of web tools (digital channels).

Applications are submitted in the form of a joint project, promoted by one or more public or private non-profit entities that develop a structured intervention program in a group composed of SMEs.

Eligible expenses range from €25,000 to €10,000,000.

 

Support in the form of a Non-Refundable Grant.

Applications are open until January 31, 2023.

Support Line for Offer Qualification

Support Line for Offer Qualification

The Support Line for Offer Qualification (SLOQ) is a Financial Instrument provided by Turismo de Portugal (TdP), in partnership with the Banking System, aimed at supporting tourism companies of any size, nature, and legal form.

This line is intended for the following types of projects:

Redevelopment and repositioning of establishments and activities related to the defined economic activities (including expansion);

Creation of establishments and activities related to the defined economic activities, provided they are implemented in low-density areas;

Entrepreneurship (establishments, equipment, or leisure activities – NACE Groups 931 and 932 – and services associated with the tourism sector, with a particular focus on those based on technology).

With this, the LAQO offers financing for up to 15 years, including a maximum grace period of 4 years, requiring 20% in Equity. The remaining 80% is shared between Turismo de Portugal and the Credit Institution in the following proportions:

For PME’s:

  • 40% by Turismo de Portugal.
  • 60% Credit Institution.

Special Projects (1):

  • 40% by Turismo de Portugal.
  • 25% Credit Institution.

(1) Projects to be implemented in low-density areas.

Internationalization Via E-commerce

The Internationalization Via E-Commerce support is part of Component C16 – Enterprises 4.0 of the PRR and aims to promote e-commerce for SMEs that seek to:

-Start their export process (new exporters);

Increase the international sales volume of companies that already export (more markets).

The support granted covers 50% of the project amount and is provided in the form of a non-repayable incentive (grant).

The projects are divided into 2 types and have the following investment ranges:

  • New exporters – projects with an investment between €10 000 and €25 000;
  • More markets – projects with an investment between €25 000 and €85 000.

The projects must include a direct presence on online channels, specifically the creation of their own stores and/or joining marketplaces, as well as the development of online promotion campaigns.

The budget allocation is €12 million, divided between the two application phases:

  • 1st phase: applications from 24/08/2023 to 15/09/2023 for all companies that completed the Diagnostic between August 24, 2022, and June 30, 2023;
  • 2nd phase: applications from 16/09/2023 to 20/10/2023 for other candidates with a Diagnostic completed on or after August 24, 2022.

Learn more about the available support here.

For more information on Internationalization Via E-Commerce, contact us via email.

Seller Finance – The Solution

The operations of buying and selling companies are often compromised either by the difficulty of granting loans by banks (operation financing) or by the behavior of investors who, in the face of uncertainty, put their investments on hold.

Seller Finance is the way used to overcome the difficulty in granting credit and is nothing more than the seller of the company playing the role of the bank, thus granting credit to the buyer, allowing them to pay part of the acquisition operation over a defined time horizon and with a guarantee (e.g., bank guarantee in the amount not paid at the time of acquisition). This strategy allows the buyer to have only an entry amount, which usually varies between 25% and 50%, paying the remainder with the flows generated by the acquired company.

It’s time to seize the opportunities that exist in the market, outline strategies, and implement them before the economic recovery – “time to market”. There is no faster way to business growth than by acquisition!

Business Brokerage

The topic of Business Brokerage is still unknown to many of us, but if we talk about buying and selling companies, it is certainly familiar. Companies or social participation (quotas or shares) have always been bought and sold through the company’s lawyer or accountant, statutory auditor, etc. A few years ago, the first entities dedicated exclusively to advising on the purchase and sale of companies began to emerge in Portugal, a trend that is increasing.

The activity of Mergers & Acquisitions, as well as Business Brokerage, is nothing more than business intermediation carried out by professionals who provide sellers/buyers with all the necessary support for the sale of the company, capital opening, or acquisition of other companies, from structuring the operation (definition of sale value and conditions) to searching for potential buyers/companies for sale (qualifying them) and closing the operation, always ensuring maximum confidentiality.

One of the main concerns of sellers is confidentiality, as the idea of selling a company in times of crisis is always associated with bankruptcy or difficulties, which is not always true. In most cases, the motivations for selling a company are due to: partner disagreements, succession problems, or the need to finance other operations.

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