Support for Startups
3 August 2020
Under the 2020 national reform plan, learn about the extraordinary measures to Support Startups.
The Government presented a set of measures to support more than 2500 startups, highlighting five new measures, with a total value of more than 25 million euros:
1) StartupRH COVID-19 (financial support equivalent to one minimum wage per employee);
2) Extension of the Startup Voucher (for 3 months of the benefit of the previous scholarship already awarded by entrepreneur);
3) Incubation Voucher – COVID-19 (support for startups under 5 years old, through the hiring of incubation services);
4) Mezzanine financing for startups (loan convertible into equity);
5) COVID-19 -Portugal Ventures (call for investments in startups).
In this pandemic context, start-ups can also resort to adapted support for more effective responses:
6) 200M Fund (co-investment with private investors in Portuguese startups and scale-ups, with a minimum public of 500 thousand euros and a maximum of 5 million euros);
7) Co-investment fund for social innovation (co-investment with private investors in companies with innovative and social impact projects with a public minimum of 50 thousand euros and a maximum of 2.5 million euros).
“File – New measures” available at https://pact.pt/site/apoio-a-startups/
