Financial Instrument for Innovation and Competitiveness (IFIC)

What We Are Doing:

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  BPF send all applicants their respective application certificate, an informational document summarizing the main elements of the submitted project.
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  In compliance with legal and regulatory obligations, BPF ensure the process of collecting the necessary information and documentation from companies to complete the Know Your Customer (KYC) procedure was initiated. This is an essential step within the evaluation process and mandatory under Law No. 83/2017, of August 18. This stage does not constitute approval of the application and applies to all companies that applied. You can consult our FAQs on Know Your Customer on the page KYC | FAQs - Banco Português de Fomento .
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  To assist companies in submitting the KYC through the Banking Portal, BPF provides a support document with practical instructions and useful guidance to facilitate completion. These instructions are also integrated into the form itself.
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  To streamline the optional use of complementary financing alongside the grant, should the latter be approved, BPF has also informed all applicants that, unless otherwise indicated, the information contained in the application certificates will be made available to commercial banks.

For support and clarification of doubts, BPF has made the following contact email available to all applicants: ific@bpfomento.pt .

Deep Tech & Tech Foundry Ecosystem Line

Call Notice No. 04/C05-i14.01/2025

Initial allocation: €15M

Support for science- and technology-based start-ups in the development and validation of Deep Tech innovations, through an investment programme using equity or quasi-equity instruments under a co-investment scheme with private investors. It will also provide access to a national acceleration programme, currently being developed by Startup Portugal.

Applications under this Call are submitted in two phases:
• Phase I: from 22/10/2025 until 23:59 on 21/11/2025;
• Phase II: from 09:00 on 05/01/2026 until 17:59 on 04/02/2026, should the applications submitted in Phase I not exhaust the budget allocation defined in point 10 of this Call.

Additionally, companies with projects submitted under the IFIC grant lines and companies with projects under implementation within the scope of PT2030 or other PPR calls (excluding IFIC) may also access the Fomento IFIC Plus Line, created to support the financing of third-party capital associated with their investments.

Main conditions:
• Medium and long-term financing;
• Up to 50% of third-party capital planned in the eligible investment of projects submitted to the IFIC grant lines and projects under implementation within the scope of the PT2030 and PRR;
• Subject to submission of the respective Acceptance Term.