EIT Raw Materials Business Plan 2023-2025
The EIT Raw Materials Business Plan 2023-2025 is a key funding initiative designed to drive innovation and integrate knowledge within the raw materials sector. This program outlines the strategic implementation of the EIT RawMaterials Knowledge and Innovation Community's (KIC) multi-annual strategy, aiming to address critical societal challenges. It seeks to achieve significant impact through excellence in innovation, education, and business creation, aligning with the broader objectives of the European Institute of Innovation and Technology (EIT) and Horizon Europe.
Who is Funded by EIT Raw Materials Business Plan 2023-2025
The EIT Raw Materials Business Plan 2023-2025 is designed to fund eligible entities, primarily Knowledge and Innovation Communities (KICs) and Higher Education Institutions (HEIs), alongside various businesses and non-profit organizations. The program's scope is European, extending to associated countries and others with specific funding arrangements under Horizon Europe, with a core objective to drive the KIC's strategic agenda and foster Knowledge Triangle Integration.
What is Funded by EIT Raw Materials Business Plan
The EIT Raw Materials Business Plan 2023-2025 funds a wide range of activities within the raw materials sector, encompassing various industries and technological fields. Supported activities span from fundamental research to market introduction, with a focus on integrating education, innovation, and business creation to achieve strategic impacts. Detailed rules on eligible and excluded costs are provided in the program's legal and financial frameworks.
Type and Scope of EIT Raw Materials Funding
The EIT Raw Materials Business Plan 2023-2025 provides financial support primarily in the form of grants, with significant funding amounts allocated to successful proposals. The program, which covers the period from 2023 to 2025, aims to support the implementation of the KIC's multi-annual strategy through these financial instruments.
Conditions and Requirements for EIT Raw Materials Funding
Applicants to the EIT Raw Materials Business Plan 2023-2025 must adhere to specific conditions and requirements throughout the application and implementation phases. These include strict admissibility and eligibility criteria, guidelines for consortium formation, and adherence to various legal and financial provisions governing grant agreements and data processing. All detailed conditions are outlined in the official call documents.
Application Procedure for EIT Raw Materials Funding
The application process for the EIT Raw Materials Business Plan 2023-2025 involves a structured submission and evaluation procedure. Applicants must utilize the designated Submission System and adhere to specific guidelines and templates for their proposals. The selection process is based on predefined award criteria, ensuring a transparent and merit-based allocation of funding.
Legal Basis of EIT Raw Materials Business Plan
The EIT Raw Materials Business Plan 2023-2025 operates under a robust legal framework, primarily rooted in key European Union regulations and strategic documents. These foundational texts authorize the program, set its operational guidelines, and ensure its alignment with broader EU objectives for innovation and research.
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Funding Overview
Funding Status:
Closed
Maximum Amount:
154,000,000 €
Allocated Budget:
120,000,000 € - 154,000,000 €
Open Until:
31.12.2025
Award Channel:
Competitive Tender
Region:
European Union and countries with specific provisions for funding participation in Horizon Europe projects, including those associated with Horizon Europe and other non-EU/non-associated countries as detailed in Annex B of the Work Programme General Annexes.
Sectors:
Information and Communication Technology, Software Development, Green Technology, Healthcare, Medical Technology, Pharmaceutical Industry, Education and Vocational Training, Research and Development, Service Sector, Environmental and Climate Protection, Other
Application Type:
Consortium Required
Funding Stages:
Applied Research, Experimental Development, Product Development, Process Optimization, Market Introduction, Commercialization, Capacity Building, Planning, Implementation, Service Delivery, Other
Funding Provider
Program Level:
European Union
Funding Body:
European Institute of Innovation and Technology (EIT), European Commission (Horizon Europe)
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