Regional Government
Citizen Space
Business Space
About Azores
  news Legislation Schedule Communities Contacts Portal Map Links Help
Versão PortuguesaMUDAR LÍNGUA
See in: entities  categories

Agriculture and Forestry
Business Relations with the Regional Government
Civil Protection
Closing a company
Economical Inspection
Financing and Incentives
Housing and Infrastructures
Human Resource Management
Inovation, Reserach and Development and Technology
Law, Regulations
Science and Technology
Social Security
Starting a company
Statistics and Indicators


Get News of the Government by RSS - click here
Know more about RSS ...


Ponta Delgada ,  May 16, 2014

New incentive scheme comprises support to companies for the next seven years, says Sérgio Ávila

The Vice-President of the Government of the Azores underlined the importance of the new incentive schemes in the context of "support policies to companies for the next seven years."

Speaking to journalists in Ponta Delgada at the end of a hearing at the Committee on Economic Affairs of the Legislative Assembly on the new incentive scheme COMPETIR+, Sérgio Ávila explained some of the main changes that this new system aims to introduce in the policies currently in force.

"Firstly, we will now focus on the support to companies throughout their life cycle instead of limiting the support to the investment phase, i.e., we will support not only the investments made by companies, but also all components and costs," said the Vice-President.

According to Sérgio Ávila, the aim is to boost the companies' "capacity to sell their goods and services outside the production site" as well as to contribute to the "development of innovation, technological development and the improvement of competitive conditions."

The Vice-President of the Government stated that COMPETIR+ comprises seven sub-systems that cover, in addition to the aforementioned areas, "the development of urban renewal and the establishment of financial support that may be reimbursed by Community funds."

In this regard, Sérgio Ávila emphasised the fact that this scheme "not only supports the efforts of companies in terms of investment, but also in terms of human resources and the jobs they create."

As the government official pointed out, the support will not be allocated in accordance with the volume of investment, but in accordance with the results of the investment; the latter is measured by the number of jobs created by a company or its impact on the generation of wealth in economy.

Furthermore, this measure "comprises another key aspect: companies will now be agents of economic development as well as local authorities and all agents that wish to participate in this incentive scheme; we will also encourage partnerships between companies for the development of projects," said Sérgio Ávila.

The goal is to assure that "the growth of economic activity will be supported by all economic agents," stated the Vice-President of the Government.


Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

   Print   Send Send News   GaCS GaCS Site   Regional Press Regional Press   rss  

Last News

Advanced Search >>


This e-mail address is at your disposal for you to place your questions to the Regional Government of the Azores.
Ask the Government!


Health Ombudsman
Listen to this Page LISTEN
Go to top of page TOP
help HELP
Versão PortuguesaMUDAR LÍNGUA

Símbol of Acessibilidade on Web
main | President | Regional Government | Citizen Space | Business Space | About Azores | My Site