Portugal 2030: what is it and how to use it?

This article will help you understand Portugal 2030 and discover how this program can be a leverage tool for your business. 

Let's explore: 

• The pillars that shape this program's vision
• What types of programs are available
• The ways to access funding
• How to make sure you don't lose track of your application
• What kind of organizations can be supported

Whether you're an innovative entrepreneur, a startup looking for a boost, or an established company ready for the next level, this guide is for you. Ready to dive into the successor to Portugal 2020?

Let's do it! 

What is Portugal 2030?

Portugal 2030 is Portugal's long-term development strategy, which succeeds the Portugal 2020 program. It aims to promote the country's sustainable growth and focuses mainly on vectors such as: 

• Innovation;
• Digitization;
• Social and territorial cohesion;
• Environmental sustainability. 

In addition to its areas of intervention, it is important to know that Portugal 2030 is structured through a series of thematic and regional programs, designed to respond to the specific needs of different sectors and regions of Portugal.

Through significant investment, partly financed by European funds, Portugal 2030 seeks to accelerate the country's transformation on several fronts:

• From strengthening digital skills and education;
• This includes promoting a greener and more sustainable economy;
• To stimulate innovation and the competitiveness of Portuguese companies

For many, this program is a central pillar for Portugal's future development. But specifically for the business community, Portugal 2030 opens up a range of opportunities:

• Access to finance;
• Support for innovation through incentives for sustainable and inclusive practices.

The partnership agreement between Portugal and Europe is a cornerstone of Portugal 2030, which is leveraging the Portuguese economy towards greater sustainability and innovation. 

This program, in its broad scope, not only perpetuates the development path started with Portugal 2020, but also expands it to include new challenges such as the circular economy, the digital transition and the technical assistance needed for effective implementation.

Understanding how this program works and how to align yourself with its objectives can be a decisive factor for business success and growth in Portugal's current and future context. Let's find out more about Portugal 2030 and how your company can take advantage of it. 

But first...

European Funds and National Transformation - Is this what we call "European money"?

The European Regional Development Fund and the European Social Fund are pillars of Portugal 2030, aimed at reshaping the Portuguese economy into a more sustainable and connected model. 

These funds represent Europe's commitment to supporting the Portuguese economy on its journey to: 

• An efficient industrial transition;
• A sustainable economy;
• Addressing the climate emergency at the same time;
• And promoting social development.

If you're asked what European funds have to do with Portugal 2030, this is the answer you can give. But let's get down to business! 

The objectives of Portugal 2030

The Portugal 2030 program sets out an ambitious vision for the country's future, based on six fundamental pillars. Each one reflects a crucial dimension of the sustainable and inclusive development that is to be achieved. 

Shall we get to know them?

Portugal + Intelligent

This pillar focuses on boosting 

• Innovation;
• Science;
• Technological development.

Its flagship objective is to promote a knowledge-based economy. 

The idea is to improve the competitiveness of Portuguese companies and their ability to adapt to the digital economy by encouraging research and development (R&D) and collaboration between universities, research centers and the business community.

Portugal + Connected

Here, the focus is on improving digital infrastructures and promoting the digitization of public and private services, with a view to greater connectivity throughout the country. 

This goal aims to guarantee universal access to new technologies and the Internet, eliminating digital barriers and promoting digital inclusion and literacy.

Portugal + close to citizens

Remember the eternal discussion about the desertification of the interior?

That's right: this pillar aims to strengthen social and territorial cohesion by bringing services and opportunities closer to people, regardless of their geographical location. 

The idea is to promote equal access to quality services in areas such as health, education and justice, contributing to greater equity and social well-being.

Portugal + Green

The commitment to environmental sustainability and ecological transition is central to the entire program, and particularly to this pillar. 

Here, the aim is to promote a greener economy by encouraging the use of renewable energies, energy efficiency, sustainable management of natural resources and adaptation to climate change, with the aim of significantly reducing Portugal's ecological footprint.

Portugal + Social

This pillar focuses on strengthening social cohesion and inclusion, seeking to combat poverty and social exclusion. 

Through measures that promote:

• Equal opportunities;
• Access to quality employment;
• Social protection; 

The aim is to build a more just, cohesive and supportive society. And is this the direction in which our country is heading? It probably is:

Portugal + Just transition

Finally, the aim of the last pillar is to ensure that the transition to a greener and more digital economy is inclusive and equitable, minimizing the negative impacts on the most vulnerable groups and the regions most dependent on polluting or declining industries. 

The aim is to promote training and retraining, helping workers and communities to adapt to new economic realities.

But this is a theoretical vision. And we all know how sometimes there is a considerable gap between the plans that are made and the practical reality. So here's the question: how can your company benefit from Portugal 2030? How does this program work?

That's what we'll find out in the next chapter.

How does Portugal 2030 work?

Portugal 2030 is structured through a multi-faceted approach, integrating both thematic and regional programs.

This framework allows for a more effective distribution of resources and greater alignment with the European Union's priorities and global sustainable development goals. Shall we understand how each one works?

Thematic Programs

The thematic programs are designed to address key areas of development throughout the national territory, including: 

• Innovation, 
• Digitization, 
• Ecological transition 
• Social cohesion. 

And in particular, on the last point, remember that the transport network is vital for territorial and economic cohesion - and Portugal 2030 recognizes this by investing in operations that promote more efficient and sustainable urban mobility.

This focus not only improves the quality of life in cities and regions, but also contributes to greater goals of sustainability and market development, integrating Portugal into a wider network of connectivity in Europe.

For these and many other reasons, these programs are fundamental to technological progress and competitiveness, promoting research, development and the adoption of new technologies by companies and society in general.

Let's find out more about the existing thematic programs, according to the official website of the Portuguese government. Note: if you didn't want to read it, take advantage: they all come with an explanatory video! 

1 - It is up to 2030

"Dedicated to Innovation and Digital Transition, this program has a total of 3.9 billion euros financed by the ERDF and ESF+. 

This program is aimed at the less developed regions of the continent and the Autonomous Regions to support innovation and competitiveness, the energy transition and skills for competitiveness.

As part of the Portugal + Competitivo objective, it includes interventions in digitalization, research and innovation, as well as the growth and competitiveness of SMEs. 

Under the Portugal + Green objective, it will support companies in decarbonization projects and support the production of renewable energy, and under the Portugal + Social objective it will support the adaptation of workers and companies to change."

The interconnection of networks across Europe is a key aspect of Portugal 2030, aimed at strengthening transnational cooperation and improving infrastructure. 

This effort contributes to the creation of a more connected Europe, where research and development play a central role in promoting smart specialization and the development of innovative activities in various regions.

Program priorities

• Innovation and competitiveness
• Energy transition
• Competencies for competitiveness

2 - People 2030

"Dedicated to demography, qualifications and inclusion, this program will have an allocation of around 5.7 billion euros financed by the ESF+ and is aimed at the less developed regions of the continent, although some of its measures may cover the Lisbon and Algarve regions.

It works in the fields of:

• Active employment policies;
• Vocational and higher education;
• Combating material deprivation;
• Social inclusion;
• Equal opportunities;

With interventions that, taken together, also contribute to tackling the demographic challenge, almost fully fulfilling the Portugal + Social objective."

Program priorities

• More and better jobs, work-life balance and gender equality
• More and better initial qualifications to grow
• More and better (re)qualification of adults for growth
• More and better inclusion of people at risk or in situations of social exclusion
• More and better access to quality services
• Fighting material deprivation

3 - Sustainable 2030

"Dedicated to Climate Action and Sustainability, this program will have a total of 3.1 billion euros financed by the Cohesion Fund and will be national in scope to respond to the challenges arising from sustainability and climate transition... 

...with a special focus on decarbonizing the various sectors of the economy, making a strong contribution to meeting the national goal of achieving carbon neutrality by 2050.

The interventions focus on the energy transition (mainly through decarbonization) and actions that promote the sustainability of resources and urban mobility, which contribute to the Portugal + Green objective, as well as investments in the field of transport, namely the railroad and the maritime-port sector, within the scope of the Portugal + Connected objective."

Program priorities

• Sustainability and climate transition
• Sustainable urban mobility
• Rail transport networks

4 - Mar 2030

Through Portugal 2030, there is a special focus on fishing capacity and the development of the fisheries and agriculture sector, with the aim of promoting sustainable and innovative practices. 

As you know, these operations are essential to keep the national economy vibrant and to ensure food security within Europe, contributing to a more robust circular economy and more stable financial markets. But let's look at what the Portugal 2030 website says:

"This program will have a total of 393 million euros financed by FEAMPA for the entire national territory, with the aim of supporting investments in fisheries sustainability , energy efficiency and decarbonization, biodiversity, the valorization of fisheries products and local development, contributing especially to the Portugal + Verde objective and, to a lesser extent, to the Portugal + Próximo objective."

Program priorities

• Encouraging sustainable fishing and the restoration and conservation of aquatic biological resources
  
  
• Encouraging sustainable aquaculture activities and the processing and marketing of fisheries and aquaculture products, thus contributing to the Union's food security
  
  
• Enable the development of a sustainable blue economy in coastal, island and inland regions and foster the sustainable development of fishing and aquaculture communities
  
  
• Strengthen international ocean governance and ensure safe, clean and sustainably managed seas and oceans

What about the Regional Programs of Portugal 2030? 

Regional Programs

On the other hand, regional programs focus on the specificities of each region of Portugal, seeking to promote territorial balance and respond to the particular challenges of each area. 

These programs are essential to ensure that every corner of the country benefits from development and growth, reducing disparities and fostering cohesion. Let's find out what the Portuguese government's official website says about them:

1 - North 2030

"This program will have a total of 3.4 billion euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives.

It includes an allocation of 60 million euros to mitigate the socio-economic impacts of the transition to carbon neutrality resulting from the closure of the Matosinhos refinery."

Program priorities

• A more competitive North
• A more competitive North and digital connectivity
• Greener, low-carbon north
• A greener, low-carbon North and sustainable mobility
• A more connected North
• A more social North
• North closer to citizens
• A more carbon-neutral North and a just transition

2 - Center 2030

"This program will have a total of 2.2 billion euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives.

It includes an allocation of 65 million euros to mitigate the socio-economic impacts of the transition to carbon neutrality resulting from the closure of the Pego refinery."

Program priorities

• Innovation and competitiveness
• Digital connectivity
• Sustainability and climate transition
• Rail transport networks
• European Pillar of Social Rights
• Nearest center
• Just transition

3 - Lisbon 2030

"This program will have a total of 381 million euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives."

Program priorities

• Competitiveness and innovation: strengthening regional economic competitiveness based on knowledge and innovation
• Sustainability and resilience: promoting ecological transition and climate resilience
• Urban mobility: accelerating decarbonization by promoting sustainable urban mobility
• Demography and inclusion: promoting social inclusion and equal opportunities
• Urban development: promoting transformative change and a city of proximity

4 - Alentejo 2030

"This program will have a total of around 1.1 billion euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives.

It includes an allocation of 99 million euros to mitigate the socio-economic impacts of the transition to carbon neutrality resulting from the closure of the Sines coal-fired power plant."

Program priorities

• A more competitive and intelligent Alentejo
• A more digital Alentejo
• A greener Alentejo
• Alentejo greener urban centers
• A more connected Alentejo
• A more social and inclusive Alentejo
• Alentejo more social innovation
• A more territorially cohesive Alentejo
• Fund for a fairer transition

5 - Algarve 2030

"This program will have a total of 780 million euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives."

Program priorities

• Innovation and competitiveness
• Digital connectivity
• Sustainability and biodiversity
• Mobility and decarbonization
• Skills, employment and inclusion
• Social and territorial cohesion

6 - Wood 2030

This program will have a total of 760 million euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the Strategic Objectives, in particular the Portugal + Next, Portugal + Green and Portugal + Competitive Objectives.

Program priorities

• Madeira + intelligent and competitive: knowledge and innovation
• Wood + green: climate action and energy transition
• Sustainable urban mobility
• Madeira + connected: mobility and transport
• Madeira + social and inclusive
• Employability of young people
• Madeira + next: sustainable development of the territories
• Outermost regions
• Combating material deprivation

7 - Azores 2030

"This program will have a total of around 1.1 billion euros financed by the ERDF and ESF+. It is particularly focused on territorial policies, which are strengthened by the decentralization process underway on the continent, and contributes to most of the strategic objectives, in particular the Portugal + Próximo, Portugal + Verde and Portugal + Competitivo objectives."

Program priorities

• Competitiveness, research, development and innovation
• Digital connectivity
• Energy, climate action and sustainability
• Sustainable urban mobility
• Accessibility
• Specific allocation Outermost regions
• Qualification and employment
• Health and social inclusion
• Supporting young people
• Economic and social valorization of the territory
• Combating material deprivation

8 - PAT 2030

"The Technical Assistance Program, with an allocation of 168 million euros, will be financed by the ERDF and will have a national scope to support the implementation of actions of the entities involved in the coordination and management of the funds, including the dimensions of monitoring, evaluation, communication, information and control systems, as well as the implementation of the roadmap for the empowerment of the European funds ecosystem."

European Territorial Cooperation

Under the European Territorial Cooperation objective, Portugal participates in a set of Operational Programs, which are in the process of being programmed and negotiated, in partnership with the other relevant Member States, in the cross-border, transnational and outermost regions strands, and with the other Member States and the European Commission, in the interregional strand.

Strand A - Cross-border

• POCTEP Spain-Portugal

Strand B - Transnational

• Atlantic Area
• SUDOE
• EuroMED
• NEXT MED

For the purposes of this article, we won't go into detail about each of the European Territorial Cooperation programs. If you want to know more about each one, click on the selected program to visit its website.

The multifaceted structure of Portugal 2030 covers a wide scope: including operations in different regions and sectors. Technical assistance is a vital resource made available to guarantee the effectiveness of these operations, ensuring that each project makes a significant contribution to Portugal's sustainable development strategy. 

As we have seen, this strategic framework is designed to cover everything from the transportation network to human resource management, promoting a holistic approach to the issue of development.

But whether in a regional or thematic context, the question remains...

...how to access these funds? That's what we'll find out in the next section of this article: read on to find out! 

How to Access Portugal 2030 Funding

Accessing funding from Portugal 2030 is a structured process designed to ensure that funds are allocated to projects that make a significant contribution to the program's strategic objectives.

Yes: it's usually a lengthy and bureaucratic process.

Here is a step-by-step guide on how companies and other interested parties can apply for funding:

1. identifying the right program

• Initial Search: Start by visiting the official Portugal 2030 website and familiarize yourself with the different thematic and regional programs available. Each program has a specific set of priorities and eligibility criteria.
  
  
• Technical Assistance: Consider contacting the Portugal 2030 technical assistance points or Europe Direct Information Centers for advice on the most appropriate program for your project.

2. Check the Eligibility Criteria

• Project Requirements: Each call for proposals has specific criteria that your project must meet in order to be considered eligible. This may include the type of activity, the industry sector, the geographical location and the expected impact of the project.
  
  
• Applicant Requirements: Also check that your entity (company, non-profit organization, academic institution, etc.) is eligible to apply for the type of funding you are considering.

3. Prepare the necessary documentation

I know: navigating the process of submitting applications to Portugal 2030 can seem like a maze, but with the right map and the right assistance, the path becomes clear.

From identifying the right program within the territorial scope of your project to understanding the conditions of access, every step is crucial.

When preparing your application, it is vital to be aware of the specific conditions and ensure that all proposed investments are aligned with the specific objectives of the program. What do you need?

• Project documentation: Prepare a detailed description of the project, including objectives, planned activities, budget, timetable and expected results. It's at this stage that things usually get complicated... But BTOCNET can help!
  
  
• Supporting Documents: You may need to provide additional documents, such as business plans, feasibility studies, legal authorizations and financial statements. Lost? Contact us!

4. Submitting an application

• Application Platform: Applications are usually submitted via an online platform specific to the program you are applying for. Make sure you register your entity and create a user profile.
  
  
• Filling in the form: Complete the online application form, attaching all the necessary documents. Make sure all the information is clear, precise and well-founded. There may be no second chances!

5. Monitoring and Evaluation

Once you have submitted your application, it is essential to use the Fund Desk to monitor progress and keep up to date with any requests for additional information.

The managing authority is responsible for providing assistance during this process, ensuring that all operations are transparent and that a level playing field is maintained. Let's go back to our guide:

• Confirmation of Receipt: After submitting your application, you should receive confirmation that it has been received and is being assessed.
  
  
• Evaluation phases: The evaluation process may include several phases, including a technical evaluation of the proposal and possibly interviews or presentations. Be available and prepared to provide additional information if requested.

6. Decision and Financing

• Notification: You will receive an official notification with the decision on your application. If successful, this notification will include details of the next steps, the amount of funding and reporting requirements. If you've crossed this hurdle, congratulations!
  
  
• Financing Contract: Before receiving fi nancing, it is usually necessary to sign a fi nancing contract which stipulates the terms and conditions of the fi nancing support.

7. Implementation and Reporting

• Project implementation: With the funding secured, you can proceed with the implementation of your project, following the proposed plan.
  
  
• Monitoring and reporting: It will be necessary to monitor the progress of the project and submit periodic reports on the activities carried out, the results achieved and the use of the funds.

8. Bonus Tip - Sustainability and Environmental Impact

Sustainability is a pillar of Portugal 2030, reflected in the emphasis given to environmental objectives in the various programs.

Projects that:

• Addressing climate change
• Promote the circular economy
• Contribute to the reduction of greenhouse gases

These are projects that are particularly aligned with the program's vision. Remember this!

And it's not just a question of timing: commitment to these environmental objectives not only improves the impact of projects on the Portuguese economy, but also reinforces responsibility in the face of the global climate emergency.

But do you want to know an "uncomfortable" truth?

Many entrepreneurs who submit applications are stuck in phase 5 or 6: waiting for a response or to receive the approved funding. In such cases, what can you do? Where can you track the application process? That's what we'll find out in the next chapter.

How to follow up the application

Keeping track of your application is vital in the complex Portugal 2030 process. From the initial confirmation of receipt to the final investment decision stage, through to the evaluation level playing field, each stage must be meticulously monitored.

The program's managing authority provides resources so that you can follow the progress of your application, ensuring transparency and ongoing assistance. Shall we get to know them?

These are the 9 precautions you should take when monitoring your application:

1. Confirmation of receipt

After submission, you should receive an electronic confirmation that your application has been successfully received. Make sure you save this confirmation.

2 . Access to the Application Management System

Most programs use online platforms to manage applications. Check that you have access credentials to monitor the status of your application via these platforms.

3. Pay attention to Email Notifications

Keep your email updated in the system and check it regularly for any notifications related to your application. Set up alerts or filters to ensure you don't miss important communications.

4. Direct contact with the Program Manager

If possible, write down the contact details of the program manager or the entity responsible for your application. If you have any questions or need additional information, please do not hesitate to contact them directly.

5. Periodic visits to the official website

The official website of the Portugal 2030 program is a valuable source of information and updates. Check it regularly for news or clarification on the application process.

6. Preparing for Possible Requests for Clarification

Be prepared to respond to possible requests for clarification or to provide additional documentation. Organize and keep at hand all documentation related to your project.

7. Feedback and decisions

Once your application has been assessed, you will receive official feedback. If the decision is positive, you will be given instructions for the next steps. If you are rejected, try to understand the reasons and consider how you can improve future applications.

8. Registering communications

Keep a record of all communications exchanged with the management entity, including emails, letters and phone calls. This can be useful for future reference or in the event of discrepancies.

What about your project? Can it really be supported by Portugal 2030 funding? Read on to find out which organizations are eligible for funding.

Who can be supported by Portugal 2030?

The scope of Portugal 2030 is inclusive, opening doors to a variety of operations and projects in multiple regions. From startups innovating in the sustainable economy to agricultural companies promoting circular economy practices, the program is committed to social development and industrial transition.

This joint effort boosts not only the Portuguese economy, but also strengthens Portugal's position in Europe as a leader in sustainability and innovation. But let's get specific!

Due to its comprehensive nature, Portugal 2030 support is available to a wide variety of entities and groups, including:

Companies

• Small and medium-sized enterprises (SMEs): A large part of the funding is earmarked to support SMEs in various areas, from innovation to international expansion.
  
  
• Large Companies: In certain sectors and circumstances, large companies may also be eligible, especially when their projects contribute significantly to the strategic objectives of the program, such as innovation, sustainability and regional development.

Startups and entrepreneurs

Portugal 2030 seeks to stimulate entrepreneurship and support the development of innovative start-ups that can contribute to boosting the economy and creating skilled jobs.

Research and Development (R&D) Entities

Universities, research centers and other R&D institutions can benefit from support for research projects, the development of new technologies, and the transfer of knowledge to the business fabric.

Public Sector

Local authorities, government bodies and other public institutions can be supported in projects aimed at improving the provision of public services, territorial cohesion, ecological transition and social inclusion.

Non-Governmental Organizations (NGOs) and Associations

NGOs, associations and other third sector organizations can receive support for projects that contribute to social welfare, inclusion, education, culture, the environment, among others.

Farmers and agricultural companies

Portugal 2030 also emphasizes access to quality services, particularly in rural areas and disadvantaged communities, with the aim of promoting active inclusion and social development.

This investment in tradable and non-tradable services aims not only to improve the well-being of citizens, but also to stimulate the national economy by strengthening social and territorial cohesion.

Within the framework of rural development, individual farmers and companies in the agricultural sector can benefit from this support to improve their competitiveness, sustainability and integration into wider value chains. If you're in this sector, remember this!

Tourism sector

Companies and projects in the tourism sector, especially those that promote sustainable tourism and enhance cultural and natural heritage, may be eligible for support.

Education and Training Sector

Projects aimed at improving the quality and accessibility of education and vocational training, as well as adapting skills to the digital and green economy, can be supported.

Other Challenges and Opportunities in Cost Management

Got funding? Remember: managing the costs associated with Portugal 2030 projects is crucial for financial sustainability and long-term success.

Understanding eligible costs, allocating resources efficiently and adopting a simplified cost methodology can significantly help entities to maximize the benefits of funding.

In addition, the clear definition of personnel costs and the management of indirect costs are fundamental to efficient budget execution, which reinforces the importance of technical assistance in planning and allocating costs.

Be warned!

Conclusion

We've reached the end, but I can't say goodbye without asking you: was it useful?

I hope this "tour" of Portugal 2030 has shed some light on the opportunities that await you. Remember: the thematic and regional programs are open doors to a brighter and more sustainable future, not only for the country as a whole, but also for your business. But don't forget that navigating the application process can be a challenge. Fortunately, you're not alone!

We at BTOCNET are ready to help you shape your vision. If you need help, just send us a message. See you soon!

Keep reading our blog. Tip: How can IEFP's +TALENT and INICIAR Internships boost your company's growth in 2024?