- Pricing Policy and Competition
- Other support measures
Secretaria Regional das Finanças, Planeamento e Administração Pública
Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies
Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies
Secretaria Regional das Finanças, Planeamento e Administração Pública
Public session to disseminate Financial Instrument for Innovation and Competitiveness held today
Public session to disseminate Financial Instrument for Innovation and Competitiveness held today
Secretaria Regional das Finanças, Planeamento e Administração Pública
Regional Government launches "Incubation Voucher"
Regional Government launches "Incubation Voucher"
May 27, 2026
Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies
December 16, 2025
Public session to disseminate Financial Instrument for Innovation and Competitiveness held today
July 17, 2025
Regional Government launches "Incubation Voucher"
Welcome Note
Welcome to our website!
The Regional Directorate for Entrepreneurship and Competitiveness, hereinafter designated as DREC, is the executive service that has as its mission to support the definition and implementation of policies intended to stimulate private investment, with a view to strengthening the competitiveness of the Azorean business fabric. It is also responsible for promoting innovation, quality and entrepreneurship as well as attracting external investment.
We are, therefore, partners in the creation of more wealth and employment and in the improvement of the quality of life of Azoreans.
We are looking forward to receiving your opinions and suggestions and to clarifying your doubts.
Nota de Imprensa
May 27, 2026
Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies
The Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, announced today the plan to launch the Construir 2030 notices. He also assured regular and predictable payments to companies, building on the close relations the Azorean Government has maintained with the regional business community. The Small Businesses line will reopen on June 1 in accordance with the planned schedule. It will be followed by the opening of notices for the Young Investors, Local Economic Base and Structural Businesses lines in July, September and October, respectively. At the same time, webinars are being organised with business associations and consultants to clarify doubts, present the main changes introduced and ensure that Azorean entrepreneurs have clear and timely information on the procedures to be followed. Duarte Freitas emphasised that this plan stems from the work carried out by the Regional Secretariat, through the Regional Directorate for Entrepreneurship and Competitiveness, in the areas of simplification and reducing bureaucracy, complying with the provisions of the Budget Decree and incorporating contributions collected from business associations, consultants and other stakeholders in these incentive systems. The Regional Secretariat is also preparing to implement mechanisms for the pre-validation of the required documents for projects using artificial intelligence to immediately identify any errors in applications, thereby reducing processing times and the administrative burden on businesses, and making the entire process simpler and more efficient. Regarding payments to companies, Duarte Freitas assured frequency and predictability in aid payments, ensuring that quarterly payments are processed for the previous quarter. This approach ensures a more stable and transparent schedule, giving companies greater confidence in managing their investments. The Regional Secretary for Finance, Planning and Public Administration emphasised that the Regional Government continues to work in close collaboration with business associations, consultants and entrepreneurs, maintaining proximity and ongoing support.
May 27, 2026
Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies
The Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, announced today the plan to launch the Construir 2030 notices. He also assured regular and predictable payments to companies, building on the close relations the Azorean Government has maintained with the regional business community. The Small Businesses line will reopen on June 1 in accordance with the planned schedule. It will be followed by the opening of notices for the Young Investors, Local Economic Base and Structural Businesses lines in July, September and October, respectively. At the same time, webinars are being organised with business associations and consultants to clarify doubts, present the main changes introduced and ensure that Azorean entrepreneurs have clear and timely information on the procedures to be followed. Duarte Freitas emphasised that this plan stems from the work carried out by the Regional Secretariat, through the Regional Directorate for Entrepreneurship and Competitiveness, in the areas of simplification and reducing bureaucracy, complying with the provisions of the Budget Decree and incorporating contributions collected from business associations, consultants and other stakeholders in these incentive systems. The Regional Secretariat is also preparing to implement mechanisms for the pre-validation of the required documents for projects using artificial intelligence to immediately identify any errors in applications, thereby reducing processing times and the administrative burden on businesses, and making the entire process simpler and more efficient. Regarding payments to companies, Duarte Freitas assured frequency and predictability in aid payments, ensuring that quarterly payments are processed for the previous quarter. This approach ensures a more stable and transparent schedule, giving companies greater confidence in managing their investments. The Regional Secretary for Finance, Planning and Public Administration emphasised that the Regional Government continues to work in close collaboration with business associations, consultants and entrepreneurs, maintaining proximity and ongoing support.
Nota de Imprensa
December 16, 2025
Public session to disseminate Financial Instrument for Innovation and Competitiveness held today
The Regional Secretariat for Finance, Planning and Public Administration, through the Regional Directorate for Entrepreneurship and Competitiveness (DREC), held today, at the Regional Civil Engineering Laboratory, in São Miguel, the Public Dissemination Session of the Financial Instrument for Innovation and Competitiveness (IFIC), a new measure to support business investment. The session, held in person and online, opened with a speech delivered by the Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, and was attended by the President of the Recuperar Portugal Task Force, Fernando Alfaiate. The goals and general conditions of IFIC were presented during the event. IFIC is an instrument aimed at supporting companies' investment projects geared towards productive innovation and research and development (R&D). It includes initiatives such as the creation of new establishments, increasing installed capacity, the diversification of production, fundamentally changing the production process, as well as industrial research and experimental development projects, including the creation or reinforcement of permanent R&D teams. The call for applications is expected to be published in the coming days and will run until January 30, with an overall budget of €40 million. Applications are eligible from all sectors of activity with a significant presence in the regional economy, from companies of all sizes, with an investment of between €250,000 and €25 million. The Regional Secretariat for Finance, Planning and Public Administration emphasised that this measure is an important step towards strengthening the competitiveness of the Azores' business fabric, encouraging investment, modernisation and innovation capacity among companies, with positive impacts on value creation and the revitalisation of the regional economy.
December 16, 2025
Public session to disseminate Financial Instrument for Innovation and Competitiveness held today
The Regional Secretariat for Finance, Planning and Public Administration, through the Regional Directorate for Entrepreneurship and Competitiveness (DREC), held today, at the Regional Civil Engineering Laboratory, in São Miguel, the Public Dissemination Session of the Financial Instrument for Innovation and Competitiveness (IFIC), a new measure to support business investment. The session, held in person and online, opened with a speech delivered by the Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, and was attended by the President of the Recuperar Portugal Task Force, Fernando Alfaiate. The goals and general conditions of IFIC were presented during the event. IFIC is an instrument aimed at supporting companies' investment projects geared towards productive innovation and research and development (R&D). It includes initiatives such as the creation of new establishments, increasing installed capacity, the diversification of production, fundamentally changing the production process, as well as industrial research and experimental development projects, including the creation or reinforcement of permanent R&D teams. The call for applications is expected to be published in the coming days and will run until January 30, with an overall budget of €40 million. Applications are eligible from all sectors of activity with a significant presence in the regional economy, from companies of all sizes, with an investment of between €250,000 and €25 million. The Regional Secretariat for Finance, Planning and Public Administration emphasised that this measure is an important step towards strengthening the competitiveness of the Azores' business fabric, encouraging investment, modernisation and innovation capacity among companies, with positive impacts on value creation and the revitalisation of the regional economy.


