COMPETE 2020 Support
Fernando Ferro & Irmão, S.A. welcomes that it has the recognition of Compete 2020 of the value and merit of the Productive Innovation Project presented to the call 20/SI/2015.
The project of Productive Innovation essentially consists in the creation of a new factory, designed from scratch and sized to new manufacturing processes that allow to extend the sphere of activity of the company in the market and resize its productive capacity, in order to reach invoicing levels and results estimated in 4,2 M€ of turnover and 2,2 M € of GVA (Gross Value Added) in the cruising year of the project (2019).The investment, to take place until 30th September 2017, amounts to 3.971.120 € and it has been attributed a Refundable Incentive of 2.364.000 €, and a Non-Refundable Incentive of 4.284 €.
This website was developed and financed through the project application No. 31821, under the support program Incentive System for Innovation / Productive Innovation, part of the National Strategic Reference Framework (NSRF).
The support of these entities enabled: