These are transversal operating objectives for the entire regional economy, with
the public and administrative sector facilitating and dynamising results, while
being directly responsible for active policies to provide support for companies.
Adopting a strategy of ‘smart specialisation’, which is currently being prepared
and discussed with all partners, will serve as a lever to chart a new course for
the regional economy.
The complete framework of measures to support economic activity in the
Autonomous Region of the Azores was recently condensed into a proposal
which, after a period of public presentation and discussion, formed the Azores
Agenda for Employment and Corporate Competitiveness. The envisaged
measures include:
− Promoting entrepreneurship;
− Promoting an entrepreneurial spirit, facilitating support for making
economic use of new ideas and encouraging the creation of new startups
(including by means of incubators and nurseries, supported by
reinforcing financial engineering tools);
− Developing services to support companies;
− Support for internationalising SMEs and the ‘export’ of goods and
services outside the island/archipelago, providing some scale for regional
production.
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Support for developing new IT & Communications (IT&C) products and services
will be further promoted in the Region, along with reinforcing and expanding the
use and development of IT&C applications, with a view to stimulating new
business areas and reducing time and context costs for companies.