Companies with research and technological development projects or who want to introduce innovations to its production process already have two open competitions.

Were yesterday opened two competitions for companies who want to develop research projects and technological development or who want to introduce innovations to its production process. The aim is to provide “financial support to projects that contribute to the increase of productive investment in innovative activities, promoting the increase of tradable and internacionalizável production and changing the production profile of the national economic fabric,” explains notice published in Portugal portal 2020. “In these projects, it is essential the generated effect on SMEs,” adds the warning that “gives particular focus to the attraction of foreign direct investment (FDI) that bring direct benefits and effects on national competitiveness factors”. This support shall be granted through the various Regional Operational Programmes and the COMPETE 2020. Since the contest on research and technological development “is to increase business investment in R & D to promote the increase of intensive economic activities in knowledge and the creation of value based on innovation, “according to the contract notice. In this case, the support is provided through the Operational Programmes of Lisbon, the Algarve and the COMPETE 2020.

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