BPF and EMRP Present the New Financial Instrument for Innovation and Competitiveness (IFIC)

. 2025-10-03
"Our job is to ensure that companies can continue to invest and continue to rely on the Portuguese Development Bank and the Group as a whole as the Sovereign Bank of Portugal, serving companies and entrepreneurs, so that we can multiply investment, creating value, jobs, innovation, exports, and above all, a better country." – Gonçalo Regalado, CEO of Banco Português de Fomento (BPF)

"It is aligned with the European strategy: the need for the continuity of economic transformation in our economy with innovation and technology that enables sustainable, digital growth and makes companies more competitive." – Fernando Alfaiate, President of the Recovery Portugal Mission Structure (EMRP)

Watch the highlights of the presentation session of the Financial Instrument for Innovation and Competitiveness (IFIC), which took place on September 30th at the Palácio da Bolsa in Porto.

The event featured the presence of Manuel Castro Almeida, Minister of Economy and Territorial Cohesion, Hélder Reis, Secretary of State for Planning and Regional Development, Gonçalo Regalado, CEO of BPF, and Fernando Alfaiate, President of EMRP.