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

IFIC Agriculture Modernization Line (Linha Modernização da Agricultura)

Funds storm affected agricultural small businesses in Portugal through modernization support to strengthen real world implementation.

ClosedBanco Português de FomentoPortugal
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About

IFIC Linha Modernização da Agricultura 2026 (Aviso 08/C05-i14.01/2026) is a non-repayable grant (subvenção) for small and medium-sized agricultural producers on mainland Portugal whose operations were damaged by storms or flooding. The instrument is part of the IFIC — Instrumento Financeiro para a Inovação e Competitividade — programme, which is funded through Portugal's Recovery and Resilience Pl…

What this grant funds

Modernisation of agricultural activities affected by storms, flooding, or other high-impact structural damage.

Key facts
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.50%
Funding pooliThe total budget available across all awards in this round.€20M
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Last verified: 24 Jul 2026Source: www.bpfomento.pt