Portugal 2030

PT 2030 is the program that gives shape to the partnership agreement established between Portugal and the European Commission with a budget of 23 billion euros. This program is designed around five strategic objectives of the European Union.

1. Strategic objectives

+ GREEN

By monitoring the climate emergency and incorporating the goals of decarbonization, supporting innovation and the circular economy, and benefiting sustainable production methods.
+ SMART

Investing in innovation, digitalization, business competitiveness, skills for smart specialization, industrial transition, and entrepreneurship.
+ CONNECTED

Supporting the link between strategic transport networks and the implementation of next-generation communications networks that support the digital transition.

+ SOCIAL

By supporting education, equal access to healthcare, quality employment, lifelong training and social inclusion — priorities set out in the European Pillar of Social Rights.
+ PROXIMITY TO CITIZENS

Supporting development strategies at the local level, promoting social and territorial cohesion, and supporting sustainable urban development, based on the concept of interconnection of networks and centered on people's needs.

2. Structure of PT 2030

PT 2030 will be implemented through 12 programs, aligned with the five objectives of the European Union, as shown in Table 1. Added to these are the European Territorial Cooperation programs in which Portugal participates.

Table 1 - Portugal 2030 implementation programs and respective budget allocations

Scope	Program	Alignment with EU objectives	Total (€M)	%
Scope Theme in Europe	Program Demographics, Qualification, and Inclusion	Alignment with EU objectives PO4	Total (€M) 5,691	% 25%
	Scope Innovation and Digital Transformation	Program PO1, partial: PO2, PO4	Alignment with EU objectives 3,905	Total (€M) 17%
	Scope Climate Action and Sustainability	Program PO2, PO3	Alignment with EU objectives 3,119	Total (€M) 14%
	Scope Mar	Program PO2, partial: PO5	Alignment with EU objectives 379	Total (€M) 2%
Scope Regional in Europe	Program North	Alignment with EU objectives All, especially PO1, PO2, PO5	Total (€M) 3,395	% 15%
	Scope Center	Program All, especially PO1, PO2, PO5	Alignment with EU objectives 2,172	Total (€M) 9%
	Scope Lisbon	Program All, especially PO1, PO2, PO5	Alignment with EU objectives 381	Total (€M) 2%
	Scope Alentejo	Program All, especially PO1, PO2, PO5	Alignment with EU objectives 1,104	Total (€M) 5%
	Scope Algarve	Program All, especially PO1, PO2, PO5	Alignment with EU objectives 780	Total (€M) 3%
Scope Regional in the Autonomous Regions	Program Autonomous Region of the Azores	Alignment with EU objectives All, especially PO1, PO2, PO5	Total (€M) 1,140	% 5%
Scope Regional in the Autonomous Regions	Scope Autonomous Region of Madeira	Program All, especially PO1, PO2, PO5	Alignment with EU objectives 760	Total (€M) 3%
Scope Technical Assistance	Program Technical Assistance	Alignment with EU objectives -	Total (€M) 169	% 1%
Scope Total	Program		Alignment with EU objectives 22,995	Total (€M) 100%

The respective funds come from five main funds, plus funds from the instruments for European Territorial Cooperation (ETC) and the Connecting Europe Facility (CEF), as shown in Table 2.

Table 2 - European funds allocated to Portugal 2030

Fund		Total (€M)	%
Fund ERDF	European Regional Development Fund	Total (€M) 11,497	% 48%
Fund ESF+	European Social Fund	Total (€M) 7,497	% 31%
Fund CF	Cohesion Fund	Total (€M) 3,399	% 14%
Fund JTF	Just Transition Fund	Total (€M) 224	% 1%
Fund EMFAF	European Maritime, Fisheries and Aquaculture Fund	Total (€M) 379	% 2%
Fund ETC	European Territorial Cooperation	Total (€M) 139	% 1%
Fund CEF	Connecting Europe Facility	Total (€M) 1,048	% 4%
Fund Total of 5 funds		22,995	Total (€M) 95%
Fund Total with ETC and CEF		24,182	Total (€M) 100%

How can we help your company?

Financing

With financing lines intended for advance disbursement of the funds allocated under PT2030 and complementary financing for the allocated funds.
Collaboration

In collaboration with Deloitte, providing you with specialist advice regarding European Funds.

Information

Banco Bilbao Vizcaya Argentaria - Branch in Portugal (BBVA) has signed a Collaboration Agreement with Deloitte Business Consulting (Deloitte) under which services can be provided to its clients within the scope of the European Funds: preparation of information, training, and technical simulation of projects. However, Deloitte's obligation to provide additional services, namely support in the preparation of applications for available funds, is conditional on full satisfaction and fulfillment of the client and project acceptance procedures it has defined. The formalization of any financing transaction is subject to prior analysis and approval by BBVA.

16.6 billion euros to boost Portugal's recovery

The European Union has decided to strengthen the budget to boost Europe's economic and social recovery and growth. These funds are made available in Portugal via the RRP.

BBVA helps you to calculate the potential stimulus your company may receive.

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Portugal 2030

1. Strategic objectives

+ GREEN

+ SMART

+ CONNECTED

+ SOCIAL

+ PROXIMITY TO CITIZENS

2. Structure of PT 2030

Table 1 - Portugal 2030 implementation programs and respective budget allocations

Table 2 - European funds allocated to Portugal 2030

How can we help your company?

Financing

Collaboration

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Recovery and Resilience Plan (RRP)