Project Description

EI – Empresarial Innovate

Recovery and Resilience Plan

EI – Empresarial Innovate is a PRR Grant that aims to support investment projects in the Azores region that involve consultancy activities. The aim is to empower companies facing the challenges of digital transformation, implement methodologies to accelerate business processes in order to foster innovation and competitiveness, and facilitate the adoption of cybersecurity measures to protect sensitive data and information.

Download the Infosheet

Support Status

Open

Financing

Max. 30.000 €
Up to 70% Lost Fund

Territory

Azores

Eligible Entities

ENI
SMEs
Co-operatives

EI – Empresarial Innovate

Recovery and Resilience Plan

EI – Empresarial Innovate is a PRR Grant that aims to support investment projects in the Azores region that involve consultancy activities. The aim is to empower companies facing the challenges of digital transformation, implement methodologies to accelerate business processes in order to foster innovation and competitiveness, and facilitate the adoption of cybersecurity measures to protect sensitive data and information.

Download the Infosheet

Support Status

Open

Financing

Max. 30.000 €
Up to 70% Lost Fund

Territory

Azores

Eligible Entities

ENI
SMEs
Co-operatives

Incentive Conditions

  • Investment projects aimed at carrying out consultancy actions to enable companies to face the challenges of digital transformation, implement methodologies to accelerate business processes to foster innovation and competitiveness, and facilitate the adoption of cybersecurity measures to protect sensitive data and information may be supported under this Notice.

  • The investment projects to be supported under this Notice must be developed in the territory of the Autonomous Region of the Azores.

  • 50 per cent for large companies;
  • 60% for medium-sized companies;
  • 70% for micro and small companies.

  • The maximum support per application is limited to €30,000.00.
  • Minimum investment
    • 2.500,00 €.

  • Beneficiaries are sole proprietors, commercial companies, regardless of their legal nature, co-operatives and complementary groups of companies.

  • Specialised consultancy services:
    • Expenditure on specialised consultancy in the areas of:
      • a) Capacity building for the digital transition;
      • b) Methodologies for accelerating business processes;
      • c) Cybersecurity.
  • Other eligible expenses:
    • The following expenses are also considered eligible:
      • a) Drafting, preparing and monitoring the application, up to a limit of €750.00;
      • b) Submission of the payment request(s), up to a limit of €750.00.

  • a) Normal operating costs of the beneficiary, not provided for in the contracted investment, as well as maintenance and replacement costs, and costs related to periodic or continuous activities;
  • b) Cash payments;
  • c) Expenses paid under contracts made through intermediaries or consultants, where the amount to be paid is expressed as a percentage of the amount financed by the RRP or of the operation’s eligible expenses;
  • d) Acquisition of goods in a state of use;
  • e) Value Added Tax (VAT), whether or not recoverable by the beneficiary;
  • f) Acquisition of motor vehicles, aircraft and other transport equipment;
  • g) Interest and financial charges;
  • h) Working capital;
  • i) Purchase of real estate, including land;j) Leases and rights to use premises;
  • k) Current advertising.

Incentive Conditions

Investment projects aimed at carrying out consultancy actions to enable companies to face the challenges of digital transformation, implement methodologies to accelerate business processes to foster innovation and competitiveness, and facilitate the adoption of cybersecurity measures to protect sensitive data and information may be supported under this Notice.

The investment projects to be supported under this Notice must be developed in the territory of the Autonomous Region of the Azores.

50 per cent for large companies;
60% for medium-sized companies;
70% for micro and small companies.

The maximum support per application is limited to €30,000.00.
Minimum investment
2.500,00 €.

Beneficiaries are sole proprietors, commercial companies, regardless of their legal nature, co-operatives and complementary groups of companies.

Specialised consultancy services:
Expenditure on specialised consultancy in the areas of:
a) Capacity building for the digital transition;
b) Methodologies for accelerating business processes;
c) Cybersecurity.
Other eligible expenses:
The following expenses are also considered eligible:
a) Drafting, preparing and monitoring the application, up to a limit of €750.00;
b) Submission of the payment request(s), up to a limit of €750.00.

a) Normal operating costs of the beneficiary, not provided for in the contracted investment, as well as maintenance and replacement costs, and costs related to periodic or continuous activities;
b) Cash payments;
c) Expenses paid under contracts made through intermediaries or consultants, where the amount to be paid is expressed as a percentage of the amount financed by the RRP or of the operation’s eligible expenses;
d) Acquisition of goods in a state of use;
e) Value Added Tax (VAT), whether or not recoverable by the beneficiary;
f) Acquisition of motor vehicles, aircraft and other transport equipment;
g) Interest and financial charges;
h) Working capital;
i) Purchase of real estate, including land;j) Leases and rights to use premises;
k) Current advertising.

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