NRP Portugal

o FINICIA Programme. This programme aims to make specialisedfinancialinstrumentsavailableforthesupportofcompanystart‐ups,such as: Pre‐seed Capital solutions targeting the concept testingstages; Seed Capital solutions targeting knowledge based companystart‐ups;RiskCapitalandMutualGuaranteesolutionstargetingtheinitial growth of start‐ups; thematic Micro Risk Capital and Microcredit targeting young, female and social entrepreneurship withregionalemphasisassociatedtothenewclusteringprocesses.By2010,thereareexpectedtobe(i)600projectsevaluated,(ii)75%of evaluated projects approved, (iii) average of 2 work posts perprojectcreated,(iv)totalinvestmenttotalof€45mmade(v)€20minfinancing by credit (with the support of Mutual Guarantee) and byRiskCapital.o FINCRESCEProgramme.Thisprogrammeaimstoprovidesolutionstooptimise financing conditions for companies that pursue innovativegrowth strategies, through Risk Capital and Mutual Guaranteesolutionswithaviewtotheinnovativeand/orinternationalgrowthofSME.Itisforeseenthatby2010,(i)2500SMEwillberecognisedwiththeLeading SME status, (ii) an annual Leading SME Convention will beheld, (iii) 1200 Leading SME will be involved in Benchmarkingprocesses,(iv)implementationof500investmentprojectsbyLeadingSME using Credit and Risk Capital instruments in the ambit of thespecificfinancingconditionstobecreated.o FINTRANSProgramme.TheaimofthisprogrammeistoprovideRiskCapitalandTitleholderCreditsolutionsinordertosupportoperationsfor the concentration of businesses, mergers and acquisitions andManagementBuyOut(MBO)andManagementBuyIn(MBI).By 2010, (i) involvement of 10 financial partners and specialisedentities,(ii)40companiesidentifiedasinsearchoftransfersolutionsand(iii)10transferoperationsconductedareforeseen.2.4. PromotionofEntrepreneurship• Entrepreneurship Programme and Economic Valorisation of Knowledge.This programmes aims to foster the entrepreneurial culture, boost thecreationofnewcompaniesandthetransferoftechnology,consolidateandpromote the international growth of start‐ups and includes actions (i) topromote the link between schools, universities and companies, (ii) todynamisefocalpointswithinuniversitiessoastoidentifyresearchprojectssusceptible to entrepreneurial activity, (iii) to develop mechanisms for themanagement of technology that effectively relate research with the27