Line of financing – Fund 200M


(Applications closed)

Call for tenders to select the Co-investment Fund 200M Management Society which will receive financial resources from Equity and Quasi-Equity Fund (FC&QC), managed by IFD – Instituição Financeira de Desenvolvimento, S.A., within the financial instrument Line of Co-financing Fund 200M.

This call for tenders is governed by the Portuguese Public Procurement Code and intends to select the Fund 200M management society ruled by the law decree n.º 126-C/2017, of October 6th, 2017, as defined in the call and annexed product data sheet.

The financial intermediaries are entitled to submit applications to this call through the certified platform VortalGov. This call was also published in Portuguese Diário da República and in the Official Journal of the European Union.


  • The initial endowment from ESIF of this call, within the scope of the current call, is up to €100,000,000 (one hundred million euros).
  • Depending on effective demand, level of execution and evaluation of achieved target goals, the endowment could be progressively increased to up to €200,000,000 (two hundred million euros) subject to prior approval of FC&QC’s general council.

Management Society

  • Applicants to this call can include all institutions authorised to manage autonomous funds, which fulfill national and EU current legislation and which ensure the operationalisation of the financial instrument described in the Product Data Sheet.

Investment Priorities

  • IP 3.3. Strengthen SME skills in the development of new products and services; Innovative projects at the process product, organization or marketing level.

Eligible Final Beneficiaries (SME)

  • Has not operated in any market;
  • Has operated in any market for less than seven years since first commercial sale;
  • Requires an initial investment of risk financing which, based on a business plan prepared in order to enter a new product or geographic market, is higher than 50% of its average annual turnover in the previous five years.

Investment Period: until 31/12/2020.

Relevant documents of the call (in Portuguese only):

Porto, October 11th, 2017