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Investor's Spot

INVESTOR'S SPOT

The Investor's Spot is an office located within the structure of Altice Forum Braga where entrepreneurs can find all the answers and support they need when they want to invest, aiming to provide a fast track for their investment.

The concept of InvestBraga's Investor's Spot was awarded an honorable mention in 2019 in the category of promoting the spirit of entrepreneurship at the European Enterprise Promotion Awards 2019.

It is a "one stop shop" for entrepreneurs and investors, which focuses on streamlining processes, and helps to identify local, national and international incentives; finding facilities for economic activities; to identify human resources and hiring support mechanisms, among other services.

Provides support to investors that want to start their business in the municipality of Braga and also to those that already have their companies in the city, in any sector of activity (industry, services, commerce, tourism or other activities of economic interest).

The Investor's Spot develops the following activities: 

Support investors in the companies formal creation, in cooperation with their strategic partners and with the competent entities, seeking to facilitate and monitor formalization processes.

It aims to support the creation of companies of national or foreign capital.

Identifying the locations for industries or services is fundamental for the setting of new businesses.

InvestBraga aims to ease the identification of the ideal location for the installation of the different types of businesses from all the fields of economic activity, according to the specifications and needs of the investors and the entrepreneurs.

The identified locations can be land for construction, in industrial areas (municipal or private), pavilions for the installation of industries and commercial activities, offices and areas for the installation of services, that are available for purchase, rent or service contract, associated to the use of a space with infrastructures and common services to support the installation of companies.

InvestBraga has a list of promoters and intermediaries through which it obtains and channels several space proposals to the investors that are planning on setting their businesses in Braga.

The licensing of the economic activities defined by law usually requires the evaluation of several variables according to each specific investment case.

The licensing processes usually generate costs of context due to situations of particular complexity, lengthy procedures, poor coordination between the relevant public organisms, among other reasons.

InvestBraga in a close relationship with Braga City Council and the various divisions and departments responsible for the licensing and regulation of economic activities, in order to allow the implementation of a fast track licensing, seeks to speed up and facilitate the identification of economic investments of strategic interest, adopting a procedure that aims to be faster and more efficient in the obtention of the licenses.

The attraction of new companies from various fields of activity implies that human resources with appropriate skills are available in the municipality. Human resources are fundamental for attracting new businesses for the city.

InvestBraga, in cooperation with its strategic partners and other local partners that are necessary for the process of identification, selection and recruitment of human resources, seeks to support companies in the search for local resources and talents that meet their needs.

The project Work in Braga, a partnership between InvestBraga, Braga City Council and 23 companies in the municipality, aims to bring the companies, the academic community and the human resources available closer together. Integrating the employment demand and offer and training, it provides information about the municipality of Braga for those who live here and for those who intend to come here to live.

The survey of the Human Resources needs of the municipality, allows the identification of the talent profiles currently required, the training needs and the identification of the gaps currently existing in the organizations that participate in the Study and cross it with the exit profiles of Universities and Training entities.

In this sense, bringing the exit profiles of the training centers closer to the profiles required in the business fabric, is vital for the balance of the labor market in Braga.

Visit us at Work in Braga

When creating new companies and businesses, it may be required to use professional training programs for human resources, in order to acquire the knowledge, skills, techniques and behaviour requirements for the new jobs that these companies want to create locally.

The development of new experiences and the addition of new professional skills shall be guaranteed in collaboration with the company, when setting the hiring profiles, and also the support of the strategic partners and other local partners that have the ideal programs and trainers, or the ability to create customized actions.

If it is determined that there are not enough human resources with the correct training and experience in certain areas, which are critical for the creation of new activities of added value to the municipality, or that would create new job offers, the course of action would be to start training programs for the conversion of unemployed human resources or other resources that are unable to find a job offer that is suitable for their set of skills.

The project Work in Braga, a partnership between InvestBraga, Braga City Council and 23 companies in the municipality, aims to bring the companies, the academic community and the human resources available closer together. Integrating the employment demand and offer and training, it provides information about the municipality of Braga for those who live here and for those who intend to come here to live.

The survey of the Human Resources needs of the municipality, allows the identification of the talent profiles currently required, the training needs and the identification of the gaps currently existing in the organizations that participate in the Study and cross it with the exit profiles of Universities and Training entities.

In this sense, bringing the exit profiles of the training centers closer to the profiles required in the business fabric, is vital for the balance of the labor market in Braga.

Visit us at Work in Braga

Municipal Incentives: Grant Regulation of benefits and incentives

When it comes to promoting development in the Municipality of Braga, Braga City Council defines the terms, conditions and rules for assigning the incentives or local investment benefits, within its own competences of supporting the creation and setting of companies, employment and investment.

The incentives or benefits that the Municipalities can grant to private entities, within their scope of promoting and obtaining investment, can be of various natures. These incentives can be organized in three categories:

 

- Tax incentives

- Financial incentives

- Incentives of technical or administrative nature

 

National Incentives: Portugal 2020 and Norte 2020

The European funds are a crucial investment for the incentive and transformation of economical growth, for which the negotiable goods and services, i.e. the exports, should be the main driving force in the fight against unemployment and social exclusion in a long lasting way.

According to the Government, «One of the great priorities is the displacement of the infrastructure investment, where Portugal is above the European average, for the competitiveness and internationalization of the companies, which is the largest deficit of the country and the main reason why, in the past, and very frequently, we have entered situations of financial unsustainability».

Portugal 2020 was set on four main themes: competitiveness and internationalization, human capital, social inclusion and employment and sustainability and efficiency in the use of resources.

 

European Incentives: Horizon 2020

We still have the HORIZON 2020 program, as a Community framework program for research and innovation for supporting companies, with a global budget of more than 77 billion euros for the period 2014-2020, being the European Union's largest instrument specifically oriented towards supporting research and innovation, mainly through the co-financing of research, technological development, demonstration and innovation projects.

 

Horizon 2020 is based on three priority action pillars:

Scientific Excellence

Industrial Leadership

Societal Challenges