KOHESIO · Q4294904 · PT

Magallanes Center for the Entrepreneurship of Cultural and Creative Industries

The project will create an Entrepreneurship Center for Creative and Cultural Industries (Centro Magallanes) aimed at consolidating an entrepreneurial ecosystem that will allow the creation and dissemination of an innovative cultural offer for the AAA Euroregion. The need for cooperation is based on common historical, patrimonial and cultural roots, including those linked to the figures of the discoverers, as well as the presence of a productive fabric of low density in the AAA territories, which requires targeted interventions to promote the emergence and exploitation of business initiatives …

EU budget
€20.5M
Total project cost
€27.3M
Period
2018-04-01 → 2019-12-31
Thematic objective
TO03Competitiveness of SMEs

About the Competitiveness of SMEs objective

Thematic Objective 3 backs the competitiveness of small and medium-sized enterprises through grants, financial instruments, business-development services and internationalisation support. SMEs account for the bulk of EU employment, so the objective acts as a regional jobs lever.

Co-funding: the EU contributes €20.5M toward a total project cost of €27.3M — a co-funding rate of 75%, with the remainder covered by national, regional or private sources.

Kohesio is the European Commission's open-data platform for projects co-financed by the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund and the Just Transition Fund. It draws on lists of beneficiaries published by national managing authorities and harmonises them into a single EU-wide view.

Full project record on Kohesio — partners, deliverables, location map, related funding decisions.

Open on kohesio.ec.europa.eu →

Frequently asked questions

What is the EU budget for this project?
The EU contributes €20.5M toward a total project cost of €27.3M, a co-funding rate of 75%.
Which fund or thematic objective does it belong to?
This project falls under EU Cohesion Policy thematic objective TO03 — Competitiveness of SMEs — financed through the European Structural and Investment Funds.
Which country is the project located in?
The project is located in PT.
What is the project period?
The project runs from 2018-04-01 to 2019-12-31.
Where can I find the full project record?
The complete project record — beneficiary, location and related funding decisions — is published on Kohesio, the European Commission's open-data platform, under reference Q4294904.