Innovation investments Strand 2a - GREEN
The Innovation Investments Strand 2a - GREEN program aims to transform climate and environmental challenges into significant opportunities. This initiative specifically targets the acceleration of market uptake and scaling of innovative green solutions, particularly those at high technology readiness levels (TRL 6-9). It plays a crucial role in supporting interregional partnerships and fostering cohesion across EU regions, aligning directly with the ambitious objectives of the European Green Deal.
Who is Funded for Green Innovation
The Innovation investments Strand 2a - GREEN program targets a diverse range of entities and regions across the European Union, focusing on collaborative efforts to drive green innovation. The program's core objective is to advance solutions that contribute to environmental sustainability and climate action, ensuring widespread impact and economic growth.
What Green Innovation is Funded
The program funds a wide array of projects and activities centered on green transition, with a strong focus on high Technology Readiness Levels (TRL 6-9). It aims to support innovative solutions that contribute to decarbonisation, resource efficiency, and sustainable development across various sectors.
Type and Scope of Green Funding
The Innovation investments Strand 2a - GREEN program provides financial support primarily through grants, with a significant co-financing requirement. Projects typically involve multi-partner consortia, and specific financial and operational rules apply to ensure effective project implementation and accountability.
Key Conditions and Requirements for Applicants
Compliance with specific conditions and requirements is essential for applicants and beneficiaries under the Innovation investments Strand 2a - GREEN program. These cover various aspects from application submission and consortium composition to financial management and other critical provisions.
Application Procedure
The application process for the Innovation investments Strand 2a - GREEN program follows a structured, competitive approach, ensuring transparency and fairness in the selection of innovative green projects.
Legal Basis of the Green Innovation Fund
The Innovation investments Strand 2a - GREEN program is established and governed by a robust legal framework, ensuring transparency, accountability, and alignment with broader European Union policies and financial regulations.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
70% co-financing rate per project, with up to 60,000 € in financial support for third parties (SMEs), potentially higher if justified.
Allocated Budget:
68,902,719 €
Open Until:
Ongoing
Award Channel:
Competitive Tender
Region:
European Union (EU-27 and developing countries/regions, particularly less developed regions)
Sectors:
Agriculture and Agribusiness, Food Processing, Textile and Apparel Industry, Construction and Building Materials, Energy Production and Supply, Renewable Energy, Water and Waste Management, Transportation and Logistics, Information and Communication Technology, Green Technology, Healthcare, Research and Development, Service Sector, Social Enterprises, Environmental and Climate Protection, Creative Industries, Other
Beneficiaries:
Companies, SMEs, public bodies, business associations, Research and Technology Organisations (RTOs)
Application Type:
Consortium Required
Funding Stages:
Experimental Development, Prototyping, Pilot Testing, Product Development, Market Introduction, Scaling, Commercialization, Implementation
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
European Innovation Council and SMEs Executive Agency (EISMEA)
Additional Partners:
Regional innovation ecosystems, business associations, Research and Technology Organisations (RTOs), universities, NGOs, and various components of the quadruple helix (e.g., citizens and end-users).
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