IFIC Funding Rollout Delayed Until April 20 (eco.sapo.pt)

• Funding launch postponed to April 20
• Strategic focus on defense and AI
• Management by national development bank

"Disbursement of financial support for reindustrialization, defense, and AI projects under the IFIC (Innovation and Competitiveness Financial Instrument) managed by Banco de Fomento is delayed. Banks are restricted from submitting proposals until after April 20, impacting the timeline for critical strategic investments."