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

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.

You may also be interested in

  • In line with the strategic objective of the European Union for a “Greener Europe”, under the +green strategic objective, the Portugal 2030 program includes 5 areas of action which BBVA will pursue in support your company, even before tenders open:
  • To tackle the serious economic and social impacts in the European Union caused by COVID-19, the European Council created Next Generation EU, a temporary recovery instrument endowed with 750 billion euros.

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.

Any questions?

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  • 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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