Government December 8, 2025

Applications Open for the Financial Instrument for Innovation and Competitiveness

The Regional Secretariat for Finance, Planning and Public Administration (SRFPAP) announces that applications are now open, as of today, for the Financial Instrument for Innovation and Competitiveness (IFIC), under the Recovery and Resilience Plan (RRP).

The IFIC is an RRP instrument designed to support business investment aimed at strengthening innovation and competitiveness.

With a total allocation of €40 million, applications are open to companies of all sizes and across all sectors of activity with relevance to the regional economy.

The SRFPAP emphasizes that this measure represents an important step in enhancing the competitiveness of the Azorean business fabric, encouraging investment, modernization, and companies’ capacity for innovation, with positive impacts on value creation and the dynamization of the regional economy.

Applications are open until 30 January and must be submitted via SIGA-BF. The call documentation is available on the website recuperarportugal.gov.pt. For further information and clarifications, the following contacts are available: [email protected]; [email protected] ; [email protected]

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