# Portuguese state financing and guarantee programmes > Live situation record from CLSTR: https://clstr.news/situations/portuguese-state-financing-and-guarantee-programmes > Updated: 2026-09-02T09:26:43.000Z. Sources: 2. Developments: 2. Portugal has implemented several state-backed financial support and guarantee programs. In August 2026, the Banco Português de Fomento and Sociedade de Garantia Mútua launched the €1.5 billion ‘Impulsar Portugal’ programme. This initiative provides financing through four distinct pillars to support treasury needs, strategic investment, new business creation, and technical guarantees for Portuguese firms. Following this, in September 2026, the government authorized an additional €100 million for a public guarantee line specifically aimed at assisting individuals aged 18 to 35 with first-time home purchases. This reinforcement, distributed between Banco Montepio and Novobanco, brings the total value of this housing scheme to €2.4 billion. The program provides a state guarantee of up to 15% of transaction values for properties up to €450,000, though the Banco de Portugal has previously voiced criticisms of the measure. ## Timeline ### 2026-09-02: Portugal increases housing guarantee for Montepio and Novobanco Portugal has increased its public guarantee for youth housing credit by 100 million euros, allocating 60 million to Banco Montepio and 40 million to Novobanco to support first-time homebuyers. 2 sources. https://clstr.news/cluster/portugal-increases-housing-guarantee-for-montepio-and-novobanco ### 2026-08-05: Portuguese Development Bank launches €1.5 bn Impulsar financing programme Banco Português de Fomento and Sociedade de Garantia Mútua launch a €1.5 bn Impulsar programme offering up to €25 m per firm across four financing pillars to boost Portuguese business growth. 2 sources. https://clstr.news/cluster/portuguese-development-bank-launches-15-bn-impulsar-financing-programme --- Cite as: Portuguese state financing and guarantee programmes. CLSTR, https://clstr.news/situations/portuguese-state-financing-and-guarantee-programmes