Support for Tourism in the Interior – Microcredit Line
Support for tourism in the interior aims to develop investment projects promoted by micro and small tourism companies, aiming to:
- Improve their competitiveness;
- Adequate and sustainable structuring of the tourism offer;
- Qualification of interior territories.
The budget allocation is €15M and aims to support the creation, growth, or expansion of micro and small companies through the implementation of investment projects that contribute to strengthening their competitiveness and sustainability.
The maximum investment is €50,000, with support provided in the form of an interest-free loan. The support rate amounts to 90% of the eligible investment, up to a limit of €30,000 per company.
There is the possibility of converting 30% of the support into a grant if project metrics are achieved in the key year for indicators such as Revenues, Gross value added, and Job Posts.
Loans are granted for a term of 7 years from the date of the respective contract, including a grace period of 24 months.
Learn more about the available supports here.
For more information on support for tourism in the interior, contact us via our email.