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Winnovart Explainer. EEA&Norway grants Business Innovation Greece.
Series 5 - Eligible activities and expenses.
 
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Funding is available for Greek companies to finance innovation projects under the "Business Innovation Greece" programme financed by the EEA&Norway grants and managed by Innovation Norway.

 

Our programme explainer – newsletters to make this funding scheme easier for you to digest.
This is series 5 on eligible activities and expenses.

 

 

Eligible Activities

 

Eligible activities are related to the objective of the programme that is to increase competitiveness, value creation and sustainable growth of Greek enterprises within the focus areas of Green Industry Innovation, Blue Growth and ICT.

  • Green Industry Innovation
  1. Development, implementation and investment in innovative environmental friendly technologies
  2. Development of green products and services
  3. Development and implementation of “greener production processes”
  • Blue Growth
  1. Development and investment in maritime supra-structures
  2. Development and investment in coastal and maritime tourism
  3. Development and investment in blue biotechnology
  4. Development and investment in seabed mining resources
  5. Development of products and solutions related to maritime transport
  6. Development of solutions on blue energy
  7. Development of innovative products and solutions within fisheries and aquaculture
  8. Development of innovative solutions related to marine litter and waste
  9. Development of innovative technologies for water supply, including desalination
  • ICT
  1. Development of ICT products/ processes/ solutions;
  2. Development of products/ processes/ solutions using ICT components

 

Eligible expenses 


As always with grants-funding, eligible expenses must be linked to eligible project activities (see above).

  • Staff assigned to the project, incl. travel and subsistence, where applicable (example: staff for R&D activities in the project, other technical activities or project management); 
  • Cost of purchase for new equipment (examples: machinery, installations, special technology related to the project activity) - purchase of second-hand equipment is also eligible, but special conditions apply;
  • Costs of consumables and supplies (examples: materials and consumables required during R&D or testing); 
  • Subcontracting & external suppliers (examples: technical consultancy, engineering; legal; finance etc);
  • Information & publicity around the project, as well as other costs arising directly from requirements imposed by the project contract;
  • Cost of purchase of real estate or land, as well as costs of site preparation and construction, may be eligible under special conditions;
  • Eligible indirect costs/ overheads (15% – 25% flat rate, special conditions apply). 

In order to be eligible, expenses shall be incurred after the date on which the grant is awarded or at a later date as defined in the Project Contract (not before!). The final date of eligibility for expenses will be set by the Project Contract and shall be no later than 30 April 2024.

Eligible expenses are those actually incurred by the Project Promoter (Main applicant) or the Project Partners (local or from a Donor State). 

 

Deadline for applications: 11th August 2022 

Get in touch with us if you need support with this.  

 

Find here the full information about this call.

Reach out to fund operator.

Reach out to us for an independent review of your funding readiness and eligibility for this funding programme: 

 

 
 
Source: the information above is based on the official guidelines published by the Fund Operator.
 

How can Winnovart help you

– if you would like to discuss a new project idea with us, don’t hesitate to fill in our funding readiness questionnaire and we will come back with our independent feedback.  

– Winnovart’s independent service options are designed to help you accelerate your access to this funding and navigate with confidence through the entire process of applying for, obtaining the grant and implementing your project successfully.

For more information on the Business Innovation Greece programme, please read here. Additionally, for ongoing updates about the EEA & Norway grants, please get in touch with us.

 

At Winnovart, it is part of our mission to bridge the gap between stakeholders of the grants-based funding market-space in Europe. We are a leading independent consultancy specializing in EEA & Norway grants for private sector companies. In the past years, we have raised over EUR 50 mil euro in funding under this mechanism for clients from various industries across the CEE space. Many projects have involved bilateral partners from the Donor States (Norway and Iceland). We have a very good presence in the Donor States, with the capacity to support the development of bilateral partnerships, one of the key ambitions of the EEA & Norway grants.

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For more details about Winnovart please check our website. If you would like to be contacted by our experts please reply to
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