Deadline: 30-Sep-22
If you are an entrepreneur, a startupper, an individual or a team wishing to start a business, and you have an idea or project that can meet the challenges of sustainable urban development in cities. Apply for U-SOLVE project.
Objectives
- This call for sub-grants will cover the following main objectives of U-SOLVE project:
- Increase entrepreneurial culture and acumen among youths and women.
- Support innovative businesses that are offshoots of the creative and cultural sectors, supporting SDGs in target urban areas.
- Promote the establishment of sustainable innovation ecosystems in the cities served by the USOLVE pilot Innovation Hubs.
- The specific objective of this call is to influence the creation of an experimental path for identifying at least two hundred and ten innovative ideas/solutions in the six participating countries of the project: Italy, Cyprus, Egypt, Greece, Jordan and Palestine.
Funding Information
- Any sub-grant to be awarded under the second phase of this call (STEP 2) must not exceed the maximum amount of EUR 10.000 (up to 100% of funding from the total budget justified) for each beneficiary, who will also benefit from additional capacity building services, such as training, mentoring, and networking offered by the U-SOLVE project. Each sub-grant will be paid out in 3 tranches:
- At the on boarding of the sub-grantee: 30% is paid out after signing of the grant agreement.
- After the mid-evaluation: 40% is paid out after successful attainment of mid-goals, required reports and project documentation (according to grant agreement).
- After project finalization: 30% is paid out after successful finishing of the project, required reports and project documentation, cost justification.
- The initial planned duration of an action may not exceed six (6) months.
Eligibility Criteria
To be eligible, the Applicant must:
- be a legal entity, established as a business under national law with a registration number or equivalent, at prior to the application,
- established in the eligible ENI-CBC territories,
- be directly responsible for the preparation and management of the action, not acting as an intermediary
- meet the following additional requirements:
- comply with the European Commission Recommendation 2003/361/EC2 and the SME user guide. As a summary, the criteria which define an SME are:
- Independent (not linked or owned by another enterprise), in accordance to Recommendation 2003/361/EC;
- Headcount in Annual Work Unit (AWU) less than 250;
- Annual turnover less or equal to €50 million OR annual balance sheet total less or equal to €43 million.
- start-ups that do not have yet annual turnover or balance sheets are also considered eligible, given that they fulfil the other eligibility criteria at submission time.
- applicants may not be recipients of State Aid through other grants or financing from national governments or the European Union in excess of 200.000 euro over a period of three years.
- not be in any insolvency situation and shall be compliant with local labor codes and social security rules.
- At least one member of the management board or one major shareholders (at least 25% of the shares) should belong to the age group 24-35 years old and holds at least a high-school diploma or equivalent, or at least one member of the management board or the major shareholders (at least 25% of the shares) should be female.
- be natural persons, residing in the eligible territories
- belong in one of the following categories:
- 24-35 years old, holding at least a high-school diploma or equivalent
- women of all age – commit to establish a legal entity compliant with the requirements of point
- in case of assignment of a subgrant in stage-2.
- In the cases of applications submitted by natural persons, the participation of a natural person in a legal entity also submitting a business idea/solution under this call is not permitted.
- comply with the European Commission Recommendation 2003/361/EC2 and the SME user guide. As a summary, the criteria which define an SME are:
For more information, visit https://usolve-project.eu/home