Vouchers Updates!

80% of Startups and Incubators have already received payments for the first notices of the Vouchers for Startups and Vouchers for Incubators and Accelerators

The first advances relating to the first notice of the Vouchers for Startups – New Green and Digital Products have already been paid to over 88% of the beneficiaries, with 44% also having received the second tranche.

The first advances relating to the first call for Vouchers for Incubator and Accelerators have already been paid out to over 82% of the beneficiaries.

The decision notifications for the second call for applications for Vouchers for Startup and Vouchers for Incubator and Accelerator are already being made available to applicants.

Startup Portugal and the Agency for Competitiveness and Innovation (IAPMEI) have already paid the first installments to 88% of the beneficiaries of the Vouchers for Startups – New Green and Digital Products (Notice No. 10/C16-i02/2022) and 44% have already received the second installment. The first call for Vouchers for Startups – New Green and Digital Products received 1502 applications. As a result of the analysis, 739 applications were approved, with an approved incentive volume of 21,780,000 euros.

Under the first call for Incubator and Accelerator Vouchers (Call No. 11/C16-i02/2022), 64 applications were approved, corresponding to an incentive volume of around 9,123,000 euros. 82% of the approved projects have already received the first tranche.

The candidate projects that are still awaiting the first advance have the validation and submission of documentation underway, which is necessary for signing the contract (Term of Acceptance). Startup Portugal is working to speed up the resolution of these cases.

Decisions on second calls are already being communicated

The first decisions on the second notices for the ‘Vouchers for Startups – New Green and Digital Products’ (Notice No. 16/C16-i02/2023) and the ‘Vouchers for Incubators and Accelerators’ (Notice No. 17/C16-i02/2023) are being notified.

The IAPMEI and Startup Portugal teams are focused on resolving the technical difficulties that have arisen, so that the projects can move forward as quickly as possible.

The Vouchers for Startups and the Vouchers for Incubators and Accelerators are projects co-financed by the PRR – Recovery and Resilience Plan by the European Union.