Deadline: 15-Mar-22
The Innovation Fund Activity is inviting applications for the Collaborative Grant Scheme Program to incentivize private sector companies and public sector R&D organizations to engage in joint development projects with the goal of creating new products and services, as well as innovative technologies with significant future impact and market potential.
With this program, the Innovation Fund aims to provide financial assistance to innovative technological projects with a clear vision of development and defined business model and commercialization strategy.
Field of science and technology / Industry sector: projects can originate from any field of science and technology and can belong to any industry sector.
Funding information
- up to EU R 300,000, or up to 70% of the total approved project budget for projects whose Lead Applicant is a micro or small company, or up to 60% of the total approved project budget for projects whose Lead Applicant is a medium sized company
- a minimum of 30% of the total approved project budget for projects whose lead applicant is a micro or small company, or minimum of 40% of the total approved project budget for projects whose lead applicant is a medium sized company, is to be provided by the applicant from other private sector sources, independently of the Innovation Fund
- Duration of the projects: up to 24 months
* A minimum of 30% of the grant financing (ie co-financing that the IF would contribute to the project) must be allocated in the project budget as compensation for the project activities conducted by the public Scientific Research Organization (s) within the consortium.
Eligibility Criteria
- A consortium consisting of at least one micro, small or medium-sized company and at least one public R&D organization that comply with the eligibility criteria as described in the Collaborative Grant Scheme Program Manual
- The consortium cannot have more than 5 members.
For more information, visit http://www.inovacionifond.rs/en/programs/collaborative-grant-scheme-program