Competir +


BPI and the Autonomous Region of the Azores provide a credit line to pay the refundable incentive for projects approved under the COMPETIR + Incentives System.


COMPETIR + (Incentives System for Business Competitiveness) is an Incentives System under the Azores 2020 Operational Programme. Its objective is to promote the sustainable development of the regional economy and strengthen competitiveness, penetration in new markets and the internationalisation of regional companies, as well as to extend the Autonomous Region of the Azores' economic exports base.

  • The refundable incentive is paid through a bank loan;
  • Interest payable by the Client are fully subsidised.

Micro, Small, Medium-sized and Large Companies.


Transactions amount: 100% of the refundable incentive.

Transactions Term
  • Investment Projects ≤ € 2.000.000: 10 years (including 4 years principal grace period*);
  • Investment Projects > € 4.000.000: 12 years (including 4 years principal grace period);

* For projects approved under the Local Development Incentives Sub-system the grace period is 3 years).


Within the scope of the credit decision process, BPI may require any guarantees admitted by law, which it deems appropriate to the risk of the operation.

For more information, please go to any BPI Branch or Corporate Centre or contact us.


This information is provided for advertising purposes and does not constitute a contractual offer; you must read the pre-contractual and contractual information required by law.

Contracting subject to prior approval by the entities involved and subject to the conditions defined according to the risk profile of each operation.

Banco BPI, S.A., Rua Tenente Valadim, 284, Porto, Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at; authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.