Duarte Freitas announces "Construir 2030" Notice Plan and payment commitments to companies - Communication

Secretaria Regional das Finanças, Planeamento e Administração Pública

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.