Social Innovation Partnerships

Portugal 2030

Creation, development and/or growth of Social Innovation and Entrepreneurship Initiatives (SIIEs) with high potential for impact, supported and co-financed by social investors.

Programme Status

Open

Financing

Up to 60% Non-Refundable Grant

Territory

Algarve (NUTS II)

Eligible Entities

Social Economy Entities

Social Innovation Partnerships

Portugal 2030

Creation, development and/or growth of Social Innovation and Entrepreneurship Initiatives (SIIEs) with high potential for impact, supported and co-financed by social investors.

Programme Status

Open

Financing

Up to 60% Non-Refundable Grant

Territory

Algarve (NUTS II)

Eligible Entities

Social Economy Entities

Incentive Conditions

  • Support for the creation, development and/or growth of Social Innovation and Entrepreneurship Initiatives (IIES) with a high potential for impact, backed and co-financed by social investors.
  • Specifically, support is granted to IIES projects based on a Development Plan (minimum duration of 6 months), through the design and provision of innovative products, platforms or services with positive social impacts.
  • The Social Innovation Partnerships programme pursues a dual objective:
    • to stimulate the development of IIES projects; and
    • to promote the practice of social investment.
  • These objectives are achieved through a non-repayable funding model for IIES projects with a strong potential to generate social value, provided that at least 20% of the net funding needs are co-financed by social investors.

  • Algarve (NUTS II)
  • The location of the operation must correspond to the region where the beneficiaries’ establishment is located and where the investment will be implemented.

  • Social Economy Entities, including:
    • Cooperatives
    • Mutual associations
    • Misericórdias (charitable institutions)
    • Foundations
    • Private Institutions of Social Solidarity (IPSS)
    • Associations
    • Entities included in the community and self-management subsectors
  • Target Groups
    • Eligible target groups are vulnerable or disadvantaged people living in the covered territories and associated with specific social challenges.

  • Up to 60% Non-Refundable Grant

  • The total eligible cost results from direct staff costs plus a flat rate of 40% to cover the remaining eligible operational costs.
  • Eligible expenses include:
    • Direct Staff Costs
    • Other Operational Costs

Incentive Conditions

Support for the creation, development and/or growth of Social Innovation and Entrepreneurship Initiatives (IIES) with a high potential for impact, backed and co-financed by social investors.
Specifically, support is granted to IIES projects based on a Development Plan (minimum duration of 6 months), through the design and provision of innovative products, platforms or services with positive social impacts.
The Social Innovation Partnerships programme pursues a dual objective:
to stimulate the development of IIES projects; and
to promote the practice of social investment.
These objectives are achieved through a non-repayable funding model for IIES projects with a strong potential to generate social value, provided that at least 20% of the net funding needs are co-financed by social investors.

Algarve (NUTS II)
The location of the operation must correspond to the region where the beneficiaries’ establishment is located and where the investment will be implemented.

Social Economy Entities, including:
Cooperatives
Mutual associations
Misericórdias (charitable institutions)
Foundations
Private Institutions of Social Solidarity (IPSS)
Associations
Entities included in the community and self-management subsectors
Target Groups
Eligible target groups are vulnerable or disadvantaged people living in the covered territories and associated with specific social challenges.

Up to 60% Non-Refundable Grant

The total eligible cost results from direct staff costs plus a flat rate of 40% to cover the remaining eligible operational costs.
Eligible expenses include:
Direct Staff Costs
Other Operational Costs

Other Grants

SI Circular Economy

SME Fund 2025

Start from Knowledge Program

Other Grants

SI Circular Economy

SME Fund 2025

Start from Knowledge Program