Adjusted funding for Madeira business capitalization instruments
Order No. 310/2026 changes the amount and budgetary phasing of the business capitalization project under the Recovery and Resilience Plan, reducing the overall financial burden.
Order No. 310/2026 of July 14th has been published, amending and redistributing the budgetary charges for the project PIDDAR 53517 - C05-i07-RAM - Capitalization Instruments for Madeira Businesses. This project, funded by the Recovery and Resilience Plan (PRR) and executed by the Institute for Business Development (IDE, IP-RAM), aims to strengthen the region's economic competitiveness and alleviate corporate liquidity problems.
The order amends the previous Order No. 703/2024 of November 28th. The main change concerns the reduction of the overall financial burden, which decreases from €4,300,000.00 to €3,515,723.27 (three million, five hundred and fifteen thousand, seven hundred and twenty-three euros and twenty-three cents). This reduction results from the adjustment of target 3.34 of the PRR-RAM, following consultation with the Mission Structure for Portugal's Recovery.
New Budgetary Phasing
The new multi-year phasing of expenditure has been defined as follows:
- Fiscal Year 2024: €559,000.00
- Fiscal Year 2025: €0.00
- Fiscal Year 2026: €2,956,723.27
The expenditure for the 2026 fiscal year is foreseen in the Private Budget of the Institute for Business Development, IP-RAM. The order entered into force immediately upon its publication.
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