KEY SUPPORT RESOURCES
The resources supporting the internationalization of Portuguese companies are crucial for facilitating their expansion into global markets. Some of the most important products and services recognized in this area include:
Export Financing and Credit Lines:
Banco de Fomento: Provides favorable credit Unes specifically for export activities, enabling companies to secure the necessary funds for international ventures. Portugal 2020: A program that offers European funds aimed at supporting projects focused on internationalization, helping companies to cover expenses related to market expansion.
Export Credit lnsurance:
COSEC (Companhia de Seguro de Créditos): Offers export credit insurance to protect companies against the risk of non-payment by international clients, thereby reducing financial uncertainty and risk associated with exporting.
Specialized Consulting Services:
AICEP Portugal Global (Agency for lnvestment and Foreign Trade of Portugal): Provides consulting services to help companies analyze target markets, develop entry strategies, and adapt products to meet local demands. This support includes market research, feasibility studies, and strategic planning
Trade Missions and lnternational Fairs:
Organized by AICEP and other entities, these events facilitate networking, partnership creation, and direct engagement with potential clients and partners in foreign markets. They provide a platform for companies to showcase their products and services on a global stage.
Training and Capacity Building Programs:
Programs designed to prepare business leaders and entrepreneurs for the challenges of international trade. These cover various topics such as international regulations, tax systems, cultural differences, and best practices in global business operations.
Legal and Regulatory Assistance:
Specialized legal services that help companies navigate the complex legal environments of foreign markets. This includes assistance with compliance, contract negotiation, intellectual property protection, and other regulatory requirements.
Logistics and Supply Chain Management:
Logistics Service Providers: Companies that offer comprehensive solutions for the efficient movement of goods across borders, including storage, transportation, and distribution. These services are criticai for ensuring timely delivery, reducing costs, and optimizing supply chain operations.
These resources collectively provide a robust support system for Portuguese companies aiming to internationalize, offering financial security, strategic guidance, market access, and operational efficiency.
