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Global Trade Alert

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Portugal: EUR 140 million funds to R+D and production of COVID-19 relevant products

Description

On 17 April 2020, the EU approved a EUR 140 million (approx. USD 152.2 million) Portuguese state aid measure oriented to support R+D activities, testing and upscaling infrastructures, as well as the p...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Apr 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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