Interregional Innovation Investments Strand 1
The Interregional Innovation Investments Strand 1 (I3-2023-INV1) program fosters cross-regional collaboration to accelerate market uptake and commercialisation of mature innovations. It aims to boost European value chains by providing financial and advisory support to interregional innovation investments, with a strong focus on empowering small and medium-sized enterprises (SMEs) and linking regional smart specialisation strategies with EU priorities in critical thematic areas.
Who is Funded by Interregional Innovation Investments Strand 1?
The Interregional Innovation Investments Strand 1 program is designed to support a diverse range of applicants and projects across specific geographical areas, with a clear objective to drive innovation and contribute to the digital and green transitions, alongside advancing smart manufacturing capabilities across Europe.
What is Funded by Interregional Innovation Investments Strand 1?
The Interregional Innovation Investments Strand 1 program focuses on supporting innovative projects aligned with key European priorities. It outlines specific thematic areas for funding, clarifies what types of costs are eligible for reimbursement, and defines the developmental stage projects should have reached to qualify for support.
Type and Scope of Funding
The Interregional Innovation Investments Strand 1 program primarily provides grants, structured with specific co-funding rates and payment schedules. While a total budget is allocated for the call, individual maximum funding amounts per project are not specified, emphasizing competitive proposals and effective resource management.
Conditions and Requirements for I3-2023-INV1
Applicants to the Interregional Innovation Investments Strand 1 program must adhere to a strict set of conditions and requirements covering application submission, consortium structure, financial management, and compliance with various EU regulations, including state aid rules and reporting obligations.
Application Procedure
The application process for the Interregional Innovation Investments Strand 1 is structured, involving specific submission steps, required documentation, and a clear evaluation methodology to ensure fair and transparent selection of projects.
Legal Basis of the I3-2023-INV1 Program
The Interregional Innovation Investments Strand 1 program is established and governed by a comprehensive set of European Union legal acts and regulations, ensuring its operational framework and adherence to broader EU policies.
Similar Programs
Funding Overview
Funding Status:
Closed
Allocated Budget:
31,213,426.5 € for 2023
Deadline:
17.10.2023
Open Until:
2027
Award Channel:
Framework Programme Call
Region:
Regions and countries covered by the consortium's participating regions, including less developed and outermost regions for Financial Support to Third Parties (FSTP).
Sectors:
Information and Communication Technology, Green Technology, Healthcare, Research and Development, Energy Production and Supply, Renewable Energy, Water and Waste Management, Transportation and Logistics, Environmental and Climate Protection, Agriculture and Agribusiness, Food Processing, Other
Beneficiaries:
Companies, particularly Small and Medium-sized Enterprises (SMEs), public administrations, non-governmental organizations, higher or secondary education establishments, research organizations, EU bodies (excluding European Commission Joint Research)
Application Type:
Consortium Required
Funding Stages:
Experimental Development, Pilot Testing, Market Introduction, Commercialization, Scaling
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
EISMEA (implied)
Website: