In a presentation given during a conference “European Funds: Minho and Galicia”, the Minister of Planning Nelson de Souza said that, after Portugal 2020 had directed 7 billion to companies, Portugal 2030 will allocate 6.7 billion and the Recovery and Resilience Plan (PRR) another 5.5 billion.
The accumulated funds of the two programs – of 12.26 billion euros – represent an increase of 75% compared to what companies received in Portugal 2020, stressed Nelson de Souza, clarifying that, in the next funding tables, “there will be much more incentives for companies in the area of climate change”.
The member of the executive led by António Costa also estimated that the country will, in total, have €16.64 billion under the PRR (until 2026) and €24.18 million under Portugal 2030.
“It is necessary to add new sectors, new jobs, new exports so that we can compete in international markets”, available during a conference organized by the Business Confederation of the Minho Region, in Braga.
Part of the PRR funds will be applied through initiatives such as Mobilizing Agendas, which has already received 146 applications – 35% of them with “green agendas” -, and a “great competition” to “support decarbonization in industry and services ”, advanced the Minister of Planning, without a school.
Nelson de Souza also informed that the country, by the end of August, had executed 10% of Portugal 2020, having a “very high probability of meeting the target of 16% execution for this year”.
The government also intends to implement 17% of the community framework in 2022 and 12% in 2023, reaching 100% by the end of that year.
“We don’t miss out on opportunities for disposable contracted funds. We have all the conditions to guarantee that there will be no money left over from Portugal 2020”, he said.
On the same panel, José Manuel Fernandes, a MEP from the district of Braga, defended the need for the funds to be used to recapitalize Small and Medium Enterprises (SMEs) that are “viable” but have had difficulties during a pandemic .
The MEP elected by the PSD also stressed that the North, as the poorest region in the country, according to the GDP indicator per capita, cannot receive less funds than in Portugal 2020, having warned of the need to avoid “single thinking” in the application of funds, when the territory is far from being equal.