Agência para o Investimento e Comércio Externo de Portugal


The European Investment Bank and COTEC, the Portuguese association for business innovation, presented on 19 September a report on “The Digitalisation of small and medium-sized enterprises in Portugal: models for financing digital projects“.

The study was carried out by the EIB under a European Investment Advisory Hub assignment for COTEC, with a mandate from the Portuguese Ministry of Economy to address the companies’ digitalisation. The European Investment Advisory Hub is part of the Investment Plan for Europe and supports investment projects across the Union.


The study finds that small and medium businesses play a key role in the Portuguese economy, representing three quarters of the country’s workforce, and concludes that the companies need to invest more in digitalisation, to converge with the EU average. The report also outlines recommendations on how to implement digital projects.