Funding mechanisms
02 December 2024
New support line for sustainable tourism projects in Portugal
Funding mechanisms
02 December 2024
Adventure tourism
Coastal, maritime and inland water tourism
Cultural tourism
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Banco Português de Fomento (BPF) and Turismo de Portugal have launched the 'Tourism + Sustainable Support Line' to help Portuguese companies transition towards a more sustainable and carbon-neutral future.
Banco Portuguese de Fomento
Turismo de Portugal
Topics
Portugal
Company with 250 or more employees
SMEs (a company with less than 250 employees)
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Specific types of tourism
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Adventure tourism
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Coastal, maritime and inland water tourism
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Cultural tourism
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Ecotourism
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Education tourism
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Festival tourism
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Gastronomy tourism
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Health and medical tourism
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MICE tourism
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Mountain tourism
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Religious tourism
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Rural tourism
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Sports tourism
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Urban/city tourism
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Wellness tourism
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Transition Pathway Strategic Areas
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Funding and support measures
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Green Transition of Tourism Companies and SMEs
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Short-term rentals
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Business activities
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Activities of amusement parks and theme parks
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Activities of associations and other organisations supporting tourism
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Air passenger transport
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Camping grounds, recreational vehicle parks and trailer parks
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Events catering and other food services
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Festivals, cultural and entertainment activities
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Gardens and nature reserves activities
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Holiday Housing / Apartments and other short stay accommodation
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Hotel and similar accommodation
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Mobile beverage services
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Mobile food services
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Museums
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Operation of historical sites
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Other
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Other accommodation
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Other amusement and recreation activities
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Other food and beverage services
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Other holiday reservation services
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Other tourism transportation activities
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Rail Passenger transport
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Recreational and sport activities
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Restaurants, cafes and bars (Food and Beverage serving activities)
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Road passenger transport
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Tour operator activities
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Travel agency activities
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Water (sea, coastal and inland) passenger transport
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Banco Português de Fomento (BPF) and Turismo de Portugal have launched the "Tourism + Sustainable Support Line" to support companies in the Portuguese tourism sector in implementing projects that promote energy transition, carbon neutrality, and sustainable practices. This initiative, with a budget of up to 50 million euros, offers mutual guarantee coverage of up to 80% of the financing value and the possibility of conversion into a non-refundable grant of up to 30%.
Financed by Turismo de Portugal and managed by BPF, this support line is available to Micro, Small, and Medium Enterprises (SMEs), Small Mid Cap, Mid Cap, and Large Companies. Eligible companies must be located in Portugal, operate within the specified activities (such as hotels, restaurants, travel agencies, tour operators, other reservation services, and more), and participate in the 360º Tourism Companies Programme, which encourages the adoption of an ESG (Environmental, Social, Governance) agenda. For more details, please follow the link on the left-hand side of the platform.
#Green financing #Sustainable tourism #Green transition #Circular tourism economy #Carbon footprint reduction #Biodiversity #Resource efficiency #Waste reduction #Mobility
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