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New Growth Opportunities for SMEs: COMPETE 2030 Launches Internationalisation and Innovation Competitions

New Growth Opportunities for SMEs: COMPETE 2030 Launches Internationalisation and Innovation Competitions
Written by
Oporto Forte Group
Published on 27 Nov 2023

Compete 2030 Program Announces Four Key Competitions

Oporto Forte is pleased to share a milestone announcement for business development in Portugal. The COMPETE 2030 program has announced the launch of four essential competitions, aimed at internationalization, innovation, research, and business training. These initiatives represent unmissable opportunities for companies seeking expansion and innovation on the global stage.

 

Internationalization of SMEs - A Step Towards the Global Market:

The first competition, SICE – Internationalization of SMEs, supports joint internationalization operations, assisting SMEs in exploring foreign markets, capturing new clients, and promoting their brands internationally, including through digital tools. Targeted towards non-profit entities working with SMEs, the application deadline extends from October 30, 2023, to January 31, 2024.

 

Productive Innovation - Turning Ideas into Reality:

The second competition, SICE – Productive Innovation, encourages individual innovative operations in the production of goods and services. It is a unique opportunity for companies of any nature and legal form in the NUTS II regions of the Continent. Applications are open from November 2, 2023, to December 31, 2024.

 

Internationalization of R&D - Beyond the Boundaries of Innovation:

The third, SIID – Internationalization of R&D, focuses on research and development activities, supporting the creation or improvement of products, processes, or systems. This competition is open to SMEs and small-medium capitalization companies, with phased applications starting from October 31, 2023.

 

Business Training - Investing in Human Capital:

Lastly, SIQRH – Business Training is aimed at medium and large companies, aiming to improve skills through training actions. The application period runs from November 15, 2023, to January 31, 2024.

 

These competitions are a bridge to the future, aligning with the development and expansion goals of Portuguese companies. At Oporto Forte, we understand the importance of staying updated with such opportunities and are ready to assist your company in making the most of these resources. Visit the AVISOS page of Portugal 2030 for more information.

 

Source: Portugal 2030 Programs