
This service helps EIC companies access R&D-dedicated private investment funds in Portugal (SIFIDE Funds), which are managed by local venture capital firms and require R&D certification. Duration: typically 5–9 months. Target users include early-stage or growth-stage tech companies with R&D activities, seeking to establish a subsidiary in Portugal and raise local investment.
The goal is to secure private funding through R&D tax-incentivized mechanisms and ensure operational readiness in Portugal. The service is delivered through a mix of virtual sessions and documentation reviews.
Phase 1 – Investment Readiness Review: A structured assessment of investment materials (pitch deck, financial model, business plan) is conducted by in-house experts to identify gaps and align documentation with investor expectations. Additionally, we support in refining these materials to ensure they are fully prepared before engaging with investors, with particular emphasis on market strategy, competitive positioning, and financial projections.
Phase 2 – Fundraising Coordination: Tailored introductions to Portugal-based R&D funds via our curated investor network. Support includes outreach strategy, coordination of investor meetings, and assistance throughout negotiations until a commitment is achieved.
Phase 3 – Company Incorporation: Comprehensive support for setting up a Portuguese subsidiary, including legal registration, accounting framework, and bank account setup, ensuring compliance with national regulations.
Phase 4 – R&D Certification (Selo ID): Preparation of the full application dossier for R&D certification, including an R&D Activities Report, a strategic 9-month Hiring Plan, and an R&D Pitch. In-house experts serve as the primary interface with the Portuguese Innovation Agency (ANI), providing end-to-end guidance during the certification process.
Based on a mixed model of upfront payment and success fee: Global Package of €24,000 that comprehensively covers the cost of all the activities mentioned in the service description.
Success Fee: 5% of the total capital raised (invoiced within 30 days of investment receipt).
The final terms may be adjusted based on the project scope and stage of the company.
Are you in doubt if this is the right service for you, or do you want to get more information about the service? Get in touch with the EIC Partner providing this service through this query form!
Is this the service you are looking for? If so, you can apply to the service through EIC ACCESS+! Eligible applicants can also get co-funding through the EIC ACCESS+ initiative. Find out more on the project webiste.
Receive up to €60,000 in grants, covering up to 50% of the costs, to access specialised services from the EIC Service Catalogue. Learn more on the EIC ACCESS+ website.