InnoInvest Open
InnoInvest is a funding program of the Free State of Thuringia that supports innovative investments by companies and freelancers. It offers grants for tangible and intangible assets, as well as services aimed at increasing competitiveness and productivity, especially in the field of digitalization.
Who is funded? Target Groups and Geographical Reach of the InnoInvest Program
The InnoInvest program targets small and medium-sized enterprises (SMEs) and freelancers in Thuringia who wish to make innovative investments. The overarching goal is to improve the economic structure, competitiveness, and productivity of SMEs, as well as to support digital transformation.
What is funded? Eligible Investments and Innovations
The InnoInvest program supports innovative investments in tangible and intangible assets, as well as related services. Eligibility is linked to the innovative nature of the project, with various types of innovations being supported.
Type and Scope of Funding: Grants and Funding Levels
The InnoInvest program provides non-repayable grants as fixed-amount financing. The amount of the grant is tiered according to the eligible expenses, which must be between EUR 30,000 and EUR 250,000.
Conditions and Requirements: Successful Application and Project Implementation
To receive funding through the InnoInvest program, applicants must meet various conditions and requirements. These concern the timing of the application, the nature of the project, proof of financing, and compliance with aid rules, especially the De minimis regulation.
Application Procedure: Step-by-Step to InnoInvest Funding
The application for the InnoInvest program must be submitted electronically via the ERDF Portal of the Thuringian Reconstruction Bank (TAB). The process includes formal application submission, the use of electronic signatures, and subsequent review and approval by the TAB.
Legal Basis: Regulation and Guideline of the InnoInvest Program
The InnoInvest program is based on the "Guideline for the InnoInvest Funding Program" and a series of other legal bases from the Free State of Thuringia and the European Union. These regulations ensure the correct implementation and administration of the funding.
Funding Overview
Maximum Amount:
EUR 50,000.00
Deadline:
always open
Open Until:
31.12.2029
Award Channel:
Demand Driven Scheme
Region:
Thuringia (Germany)
Sectors:
Information and Communication Technology, Creative Industries, Service Sector, Other
Funding Stages:
Process Optimization, Product Development, Market Introduction, Implementation
Funding Provider
Program Level: Regional
Funding Body: Thuringian Ministry for Economy, Science and Digital Society (TMWWDG)
Managed By: Thuringian Reconstruction Bank (TAB)
Website: Thüringer Aufbaubank (TAB)