LAQO – Turismo de Portugal : Tourism Offer Upgrade Funding Line 2026

• Upgrading, repositioning and extending existing tourism businesses, establishments and activities;
• Creating new tourism businesses and activities, when located in low-density territories, suited to demand and creating value for the region;
• Projects within the REVIVE Programme;
• Entrepreneurship projects, up to €500,000 of eligible investment, for innovative solutions, namely technological ones, promoted by SMEs being set up or incorporated less than 5 years ago;
• Promoting environmental and social sustainability, resource efficiency, accessibility and better-quality jobs.

• Tourism companies of any size – SMEs and non-SMEs;
• Companies of any nature or legal form;
• Tourism activities under the CAE codes set out in the Protocol, namely accommodation, food service, tourist entertainment and other eligible activities.

• Activity duly licensed and registered in the National Tourism Register, where required;
• Up-to-date situation with the Tax Authority, Social Security and Turismo de Portugal;
• Balanced economic and financial situation and adequate staffing;
• No salary arrears;
• Membership of the Empresas Turismo 360º Programme;
• Projects must include environmental responsibility measures – energy, water and waste – and social responsibility measures – people, communities and accessibility;
• A score of at least 45 points in the joint assessment of these measures, with a minimum of 15 points in each type.

Expenses needed to carry out the project are considered, namely:

• Construction, extension, adaptation and refurbishment works;
• Purchase of equipment, furniture and technology;
• Investment in energy efficiency and water and waste management;
• Digital and technological systems linked to the tourism activity;
• Works for accessibility and sustainability;
• Investment in housing for staff of tourism companies;
• Studies, projects and other expenses directly linked to the investment, under the terms and limits of the Protocol.

• Maximum financing: 80% of the eligible investment;
• Maximum Turismo de Portugal share: €3 million;
• SMEs – general scheme: 40% Turismo de Portugal + 60% Bank;
• Non-SMEs: 30% Turismo de Portugal + 70% Bank;
• SMEs in low-density areas, the Algarve, entrepreneurship or REVIVE: 75% Turismo de Portugal + 25% Bank;
• Turismo de Portugal share: interest-free; bank share: rate set by the Bank;
• Maximum term: 15 years for SMEs, including up to 4 years' grace period; 10 years for non-SMEs, including up to 3 years' grace period.

There is also a performance bonus, which converts part of the Turismo de Portugal financing into a non-repayable grant when the contracted targets are met: 25% for SMEs and 5% for non-SMEs, plus an extra 10 percentage points for companies recognised as Sustainability Leader.

Applications are submitted on a rolling basis, until the budget runs out, through the participating banks, after Turismo de Portugal has approved the environmental and social responsibility measures.