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IFIC — Financial Instrument for Innovation & Competitiveness (Instrumento Financeiro para a Inovação e Competitividade)

IFIC AI Line for SMEs (IFIC Linha IA nas PME)

Funds Portuguese small businesses adopting AI and digitalization for productivity gains.

ClosedBanco Português de FomentoPortugal

IFIC Linha IA nas PME 2025 (Aviso 03/C05-i14-01/2025) was a €100 million non-repayable grant programme administered by Banco Português de Fomento (BPF) under Portugal's PRR Component C5, designed to accelerate artificial intelligence adoption across the SME sector. It offered a non-repayable subsidy covering 75% of eligible investment costs per company, capped at €300,000 per beneficiary. The mini

AI solution adoption and implementation in Portuguese SMEs.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.One-off
Next deadlineiThe next date applications are due. Rolling means you can apply any time.
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.25%
Funding pooliThe total budget available across all awards in this round.€100M

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Last verified: 24 Jul 2026Source: www.bpfomento.pt