New IFIC Reindustrialize Call Launched: €81.4M to Boost Investments in the Azores and Madeira

. 2025-12-18
Banco Português de Fomento and the PRR Mission Structure – Recover Portugal have launched the fifth IFIC call – Reindustrialize Line, aimed at promoting business investment in the Autonomous Regions of the Azores and Madeira.

With an allocation of €81.4 million and applications open until January 30, 2026, this line is intended to support companies of all sizes in their investment projects in the following areas:
  • Research & Development
  • Productive Innovation (creation of new facilities, capacity expansion, production diversification, or changes to production processes)
Non-repayable financing

Under the IFIC Grants scheme, this line provides for:
  • Up to 70% for Productive Investment (depending on company size)
  • Up to 80% for Research and Development
This information does not replace consultation of the full call conditions →