eventsB2E Achievements: CoLAB is involved in four PRR eligible applications

B2E Achievements: CoLAB is involved in four PRR eligible applications

The applications are in the scope of three Innovation Pacts and one Mobilizing Agenda for Business Innovation

It’s official: B2E CoLAB is a partner in the consortiums of four Recovery and Resilience Plan (PRR in Portuguese) eligible and with budget allocations applications. All four applications were scored as “Very Good”.

Now, the consortium is invited to apply for the second phase.

These four applications were considered eligible in a universe of more than 140 applications submitted, with a value of more than 1440M€. Only around 60 were approved and only a few had a budget allocation, making this a great achievement for the dozens of institutions involved.

With an execution period until 2026, the PRR is a national application program that will implement a set of reforms and investments that will allow the country to resume sustained economic growth. It will be financed by total resources of €16.6 billion, distributed by around €14 billion in grants and €2.7 billion in loans. Get to know more about PRR here.

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