The application must be submitted by the co-investor, knowing that he must invest an amount equal or greater than the amount mentioned by the fund to the chosen company. The co-investor must log-in and submit his application through an online form. Then he has to review and evaluate the SME company business plan.
After the evaluation of the submitted application, the decision is conveyed to the co-investor. If the application is accepted, then the investment will be made to the targeted company.
For more information, check Portugal 200M Co-Invest official website.