The EEA and Norway Grants is seeking applications for its Business Innovation Greece Programme that aims to finance projects that will increase the competitiveness and profitability of Greek enterprises and bring more innovation in products, services, and processes.
The EEA and Norway Grants aim at contributing to the reduction of economic and social disparities in the European Economic Area (EEA) and to the strengthening of bilateral relations between the Donor States (Norway, Iceland and Liechtenstein) and the Beneficiary States.
- Green Industry Innovation – “reduce and re-use”;
- Blue Growth;
- Information and Communication Technology (ICT).
- Any enterprise can apply for a minimum of Euro 200,000 and a maximum of Euro 1,500,000 per project.
- Small and Medium-sized enterprises can also choose to apply for smaller grants, in the range of minimum Euro 50,000 and maximum Euro 200,000 per project.
- Note that only one project application can be submitted by each enterprise under each open call.
What can a Greek Enterprise gain from this Programme?
- Financial support (grants) to expand an existing business. The grants can close a funding gap to kickstart planned R&D activities of your enterprise or provide funding for a planned investment (application of existing technology, that is new for the enterprise).
- The Programme will have a strong focus on innovation. This is an essential element for increasing the efficiency and competitiveness of an enterprise. The Programme can finance a wide range of initiatives that will improve the economic performance of Greek enterprises, their environmental performance and contribute to a positive social impact (mainly by creating new jobs and capacity building).
What could be the benefit of bilateral project partnerships for Greek enterprises?
- Increased mutual knowledge about business opportunities in Greece and in the Donor States (Iceland, Liechtenstein, Norway) is one important bilateral goal for the Programme.
- Partnership projects could be your gateway to new expertise and modern technology. During the project implementation, the partners should strive to build trust among them and to consolidate the partnership, looking for other joint initiatives in the future (long term cooperation).
- The contribution of a bilateral project partner could be related to (for e.g.) sector-specific know-how, support to improve efficiency in the production process, research and development competence, or technology transfer. The partners are expected to bring value-added to the project. (Provision of consultancy services is normally not considered to be a partnership.)
- This way of promoting bilateral cooperation is a unique opportunity and a door opener for enterprises from both Greece and Norway/Iceland/Liechtenstein.
- Small grants are available to support Greek enterprises who want to visit a potential project partner in one of the Donor States (Norway, Iceland or Liechtenstein).
- Entities from the three Donor States can also apply for funding in order to prepare joint project applications for the upcoming main call.
- Applicants must be registered as legal entities in Greece or in one of the Donor States.
For more information, visit https://www.innovasjonnorge.no/greeceinnovation