16/04/2016

Portugal 2020: Successful Projects

By

Senior Adviser

Preparing an application for Portugal 2020 is a complex process, which normally requires the preparation of a business plan and a marketing plan, as well as demanding a thorough knowledge of the regulations and applicable legislation and also the procedures to be followed with the competent entities .

If you intend to apply for EU 2020 funds, you should know the main stages of the process.

Identify whether your company can benefit from the

Any private or non-profit-making public or private sector cooperative, social or private entity which fulfills the conditions laid down in the applicable legislation as well as the entities provided for in the specific regulations or in the notices may receive assistance from Community funds. For submission of applicable applications. In this situation the beneficiaries can be organizations / entities with already established activity or to create (new organizations / entities).

Make the required registrations and tell the size of your company

Begin by doing the mandatory registration at the "Balcão 2020", where it is submitted the application: the applications and the documents are submitted by this route. Then proceed to register the PME Certification, which serves as validation of the size of the entity for the purposes of incentives and possible increases of incentives.

Plan your project taking into account the national strategy for the Economy

Your project should be aligned with the strategic objectives of the national economy, namely:

Present innovation of products / services of the activity / business developed and to be developed.
To be supported by a strategic analysis that identifies the critical areas of competitiveness for the business, to diagnose the company's situation in these critical areas and to base the investment options presented, as well as in a marketing plan that establishes the bases and guidelines for the company's action in the market.
Present an intensity of Export (Sales abroad), desirable at least 35%, and have a strong presence in international markets, with a large diversity of international customers, and with several products.
Contribute to the economy and to the thematic areas of the Regional OP, for example to include in the project the domain of sustainability and efficiency in the use of resources (training projects in the field of "green economy").
Creating jobs, being important to create highly qualified jobs (graduates).
Focus on the priority areas of the research and innovation strategy for smart specialization (especially for projects in the Lisbon region - condition of project access), an essential condition for the possible eligibility of the project.
Contributing to regional convergence
Be financed with a minimum of new equity of 20% of eligible expenditure.
Look for outside advice

Seeking expert advice is a decisive factor in the success of your application. STEAM is a company with more than 25 years of experience in the consulting market. It has submitted more than 2000 applications to community funds and negotiated more than 20 PIN projects with the State (projects worth more than € 25 M).

The approval rate achieved is over 90%, translating into more than 1.7 billion of funding raised for our customers. In addition to the preparation of the application, STEAM has a high level of competence and competence, in addition to the feasibility and financial-economics component, strategic analysis skills for the implementation of the business, and As in the preparation and elaboration of the marketing plan that establishes the bases and guidelines for the company's action in the market, essential factors for the approval of an application.

Learn more in our area of ​​case studies.

Our process

The high success rate in the approval of the applications stems from some key factors that we introduce in our process:

Together with the beneficiary of the incentives, we performed the preliminary evaluation of the project merit of the application. Only after this evaluation did we make the go-go decision, together with the promoter, presenting a simulation of the merit and framework of the incentive systems more adjusted to the project to be developed.
We divide the risk with the promoter (success fee).
We collaborate in all stages of the application process for the incentive systems, from the project framework, to the preparation and presentation of the application (which includes: business strategy, market analysis and business case), project monitoring until approval With the agencies that evaluate the applications), support in contracting the incentives, follow-up after the contracting of the incentives and execution of the project and finally the support in closing and delivery of final report of the project.
We help set up the business, in its process of transformation or change.

Now that you know what it takes to submit a winning project, be sure to contact us.

portugal 2020 incentives funding

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Rua da Cozinha Económica, Condomínio Alcântara-Rio, Bloco A 2-Dto
1300-149 Lisboa
38.703734, -9.17593

+351 21 361 61 20
info@steam.pt

Edifício Clube Náutico, Senhora Santana
7580-309 Alcácer do Sal
38.369226, -8.511614

+351 265 098 350
info@steam.pt

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