Projects
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Projects
CLARA
100% Funded
12 mth
term
5.2%
a year
B+
rating
Rural development
SDG 8. Decent Work and Economic Growth
SDG 9. Industry, Innovation and Infrastructure
SDG 11. Sustainable Cities and Communities
Clara is a collaborative workspace meant for investigation, education and innovation
Impact
Attracting people to the Odemira region, developing the region, creating new job opportunities.
Project Information
While Odemira is the municipality with the largest territory in Portugal, its interior has one of the lowest population densities in Europe. The CLARA Project aimed to reverse these negative trends, through the restoration and reconstruction of a brick factory, that previously acted as an anchor for economic and social activity of the land. The aim of the project is to give back to the population of this location a totally new center, for the rural future.
Attached Documents
100% Funded
12 mth
term
5.2%
a year
B+
rating
Rural development
SDG 8. Decent Work and Economic Growth
SDG 9. Industry, Innovation and Infrastructure
SDG 11. Sustainable Cities and Communities
Clara is a collaborative workspace meant for investigation, education and innovation
Impact
Attracting people to the Odemira region, developing the region, creating new job opportunities.
Project Information
While Odemira is the municipality with the largest territory in Portugal, its interior has one of the lowest population densities in Europe. The CLARA Project aimed to reverse these negative trends, through the restoration and reconstruction of a brick factory, that previously acted as an anchor for economic and social activity of the land. The aim of the project is to give back to the population of this location a totally new center, for the rural future.
Attached Documents
Project Earth - Valorização Sustentável de Regiões de Convergência
About Project Earth - Valorização Sustentável de Regiões de Convergência
CLARA is an established center for the rural future. It is also a collaborative workspace for research, training and innovation based on the multidisciplinarity of knowledge, reflection and production, promoting a creative environment where people live and work together for a certain period of time, stimulating discourse on local issues and encouraging commitment of all involved.
The Business Model
The loan will allow CLARA to turn this project into reality. Also, it is backed by a co-financing contract by 'Turismo de Portugal', which is committed to refunding CLARA in 50% of their expenses
Track Record
CLARA is an established center for the rural future, committed to injecting life and dynamism in a traditionally stale district of the country
Promoter Rating: B+
Guarantees
This project was partially funded with an amount of 400.000€ by the programme Valorizar from Portugal Tourism.
Project Earth - Valorização Sustentável de Regiões de Convergência
About Project Earth - Valorização Sustentável de Regiões de Convergência
The Business Model
The loan will allow CLARA to turn this project into reality. Also, it is backed by a co-financing contract by 'Turismo de Portugal', which is committed to refunding CLARA in 50% of their expenses
Track Record
CLARA is an established center for the rural future, committed to injecting life and dynamism in a traditionally stale district of the country
Promoter Rating: B+
Guarantees
This project was partially funded with an amount of 400.000€ by the programme Valorizar from Portugal Tourism.
Updates
Payments Status: On time
2019-05-27
Open for investment
2019-05-27
100% funded
2019-07-03
1st payment
Updates
Payments Status: On time
2019-05-27
Open for investment
2019-05-27
100% funded
2019-07-03
1st payment