European Union Funding
Access to EU funds and programs available to Portugal for development and innovation.
Sections
European Union Funding in Portugal
Overview
European Union (EU) funding in Portugal primarily comes from various EU programs aimed at promoting economic development, social inclusion, and environmental sustainability. The main funding sources include the European Regional Development Fund (ERDF), the European Social Fund (ESF), and the Cohesion Fund.
Relevant National Regulations
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Regulatory Framework:
- The implementation of EU funds in Portugal is governed by the Partnership Agreement between Portugal and the EU, which outlines strategic priorities and funding allocations.
- National regulations are established by the Ministry of Planning and the Ministry of Finance, which oversee the management and distribution of EU funds.
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Legal Framework:
- Law No. 30/2018 regulates the management of EU funds in Portugal.
- Specific operational programs (POs) detail the objectives, eligible actions, and funding conditions.
General Costs
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Co-Financing Requirements:
- Projects typically require co-financing, where the EU covers a percentage (usually 50-85%) of eligible costs, depending on the program and region.
- Applicants must budget for the remaining costs, which can be covered by national funds, private investment, or other sources.
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Eligible Costs:
- Direct costs related to project implementation (e.g., personnel, equipment, materials).
- Indirect costs may also be eligible, subject to specific guidelines.
Standard Procedures for Accessing Funding
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Project Identification:
- Identify a project that aligns with EU funding priorities and national strategic goals.
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Application Process:
- Call for Proposals: Monitor announcements for funding opportunities on the official websites of the relevant ministries and the EU.
- Submission: Prepare and submit a detailed project proposal, including objectives, budget, and expected outcomes, through the designated online platform.
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Evaluation:
- Proposals are evaluated based on criteria such as relevance, feasibility, sustainability, and impact.
- Successful applications receive a notification and a grant agreement outlining the terms.
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Implementation and Reporting:
- Implement the project according to the approved proposal.
- Regularly report on progress and financial expenditures to the managing authority.
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Audit and Control:
- Projects are subject to audits to ensure compliance with EU regulations and proper use of funds.
Country-Specific Considerations
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Regional Disparities:
- Funding priorities may vary by region, with more support directed towards less developed areas (e.g., Alentejo, interior regions).
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Language:
- Proposals and reports must be submitted in Portuguese, necessitating proficiency or translation services.
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Partnerships:
- Collaboration with local authorities, NGOs, and private sector entities can enhance project viability and funding chances.
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Sustainability Focus:
- Increasing emphasis on projects that promote sustainability and digital transformation aligns with EU Green Deal objectives.
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Capacity Building:
- Consider engaging in training or workshops offered by national authorities to better understand the funding landscape and improve proposal quality.
Conclusion
Accessing EU funding in Portugal involves navigating a structured process governed by national regulations and EU guidelines. Understanding the requirements, costs, and specific regional considerations is crucial for successful project implementation and funding acquisition.