Territorially Based Incentive System

Territorially Based Incentive System - ITI CIM

Covered region: Alentejo (For the Alentejo Litoral region, CAE – 55 Accommodation is excluded)

The Territorial Incentive System - ITI CIM - is intended for projects that aim to support small-scale investments for the creation of micro and small businesses and for the expansion or modernization of their activity, namely those that are framed within territorial strategies and approaches, and that contribute to employment and the modernization and resilience of local economies.

Exclusively for micro and small businesses.

Investments of less than €300,000 and support rate of up to 60% in the form of a non-refundable subsidy.

Covered Region: Alentejo. For the Alentejo Litoral region, CAE – 55 Accommodation is excluded.

Application period until December 31, 2024.