Grants in Portugal
NSRF
A EU co-funded programme of grants and subsidies, known as the National Strategic Reference Framework QREN), is currently in place until the end of 2013, the aim of which is to support specific investments in certain areas of the economy.
Though grants are subsidized and repayable, should pre-established objectives be met over a certain period of time, partial repayments due on any loans may be waived.
Other possible grants and tax incentives
Social Security subsidies may be granted when company investment results in job creation, hiring of long term unemployed or first time job seekers. These subsidies can take various forms, from granting a lump sum single subsidy to a partial or full reduction in social security payments over a certain period of time. Costs associated with job creation may also be tax deductable. Tax incentives are also available on a ad hoc basis for large scale investments (starting at around 5 million Euros).
Companies that generate profits and invest in research and development may receive a tax credit, in accordance with the SIFIDE incentive system.