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Incentive to the Internationalisation of SMEs – Joint projects
Published on 29 March 2018
Portugal
Alentejo
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
Inserted in the Axis 2 of the Regional Operational Program has the main aim of increase competitiveness and external awareness of products/services and stimulate business investment. By contributing to open new export channels and to foster SMEs internationalization, the practice intends to increase the competitiveness of enterprises, promote the exports of high technology products and encourage more integration into international value chains.
Joint SMEs internationalization projects targeting the following areas are susceptible to support:
a) Knowledge of external markets;
b) Presence on the web, through the digital economy;
(c) International development and promotion of trademarks;
d) Prospecting and presence in international markets;
e) International marketing;
(f) Introduction of a new method of organization in commercial practices or external relations;
g) Specific certifications for external markets.
Expenditures considered eligible are:
- Acquisitions for application of new organizational methods;
- Participation in fairs and exhibitions abroad;
- Specialized consultancy services provided by external consultants;
- Obtaining, validating and defending patents and other industrial property registration costs.
The incentive is calculated by applying a maximum rate of 50% to eligible expenditure (non-refundable) to projects submitted by a consortium gathering at least 10 companies. The maximum incentive, per company, is 180.000€ (ERDF).
Joint SMEs internationalization projects targeting the following areas are susceptible to support:
a) Knowledge of external markets;
b) Presence on the web, through the digital economy;
(c) International development and promotion of trademarks;
d) Prospecting and presence in international markets;
e) International marketing;
(f) Introduction of a new method of organization in commercial practices or external relations;
g) Specific certifications for external markets.
Expenditures considered eligible are:
- Acquisitions for application of new organizational methods;
- Participation in fairs and exhibitions abroad;
- Specialized consultancy services provided by external consultants;
- Obtaining, validating and defending patents and other industrial property registration costs.
The incentive is calculated by applying a maximum rate of 50% to eligible expenditure (non-refundable) to projects submitted by a consortium gathering at least 10 companies. The maximum incentive, per company, is 180.000€ (ERDF).
Resources needed
Each call is allocated with 500.000€, and during the Regional Operational Program implementation (2014-2017) it is foreseen the opening of one call per semester.
Evidence of success
The practice is a financing mechanism that derives and operationalizes the Regional Operational Program, enabling SMEs to strengthen their internationalization capacity and skills. Is a direct funding support fully dedicated to increase the cooperation between SMEs, promoting joint projects with capacity to reach new and foreign markets. Until 2017, the GP achieved the following results:
- 6 joint projects approved
- More than 1.000.000€ approved to joint internationalisation projects.
- 6 joint projects approved
- More than 1.000.000€ approved to joint internationalisation projects.
Potential for learning or transfer
The practice is an instrument fully dedicated to increase the SMEs cooperation and capacity to reach new and foreign markets, through funding directly joint internationalisation activities. The tender influences the value chains, set up of business networks for internationalisation and clusters.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Commission for Regional Development and Coordination of Algarve
Portugal
Alentejo
Contact
Project Manager