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What are the criteria to be selected as co-investors?

Updated on September 21, 2020
  • You must be legally incorporated
  • No debts owing to social security of tax authorities
  • You have the resources to carry out the operation until the result of your application
  • All Financial funding made by the ESIF is repaid back
  • You must have a hold of more than 50% of your company without any red flag from the European fund if they have ever funded an operation
  • You must accept to be audited by the audit department of the member state, the European Commission, the European Court of Auditors, and the Portuguese Certifying Authority. Moreover, you have to hand down all the information need for the future monitoring of your financial instrument by the IFD and operational programs.
  • You should submit one application. Multiple applications can result in a refutable decision. You can submit a second application only in the case of the withdraw of the first one
  • You should not have criminal or administrative convictions 

 For more detailed regulations, you can check website

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