The Call for Proposals is now closed.
Factsheet: Programme Information Sheet_English version
Programme Information Sheet_Greek version
Information webinar for all applicants was held on September 1: If you intend to apply for an open Call, we hosted an informational webinar for applicants which are preparing a proposal. The purpose of the session is to help you understand the most important requirements and criteria before submitting the proposal.You can check the YouTube record here.
About the Programme:
Business Innovation Greece is a programme that aims to increase value creation and sustainable growth in the Greek business sector.
The Programme is financed by the EEA Grants and is a part of the EEA and Norway Grants 2014-2021. The EEA and Norway Grants aim at contributing to the reduction of economic and social disparities in the European Economic Area (EEA) and to the strengthening of bilateral relations between the Donor States (Norway, Iceland and Liechtenstein) and the Beneficiary States.
Inquiries can be made via the Programme e-mail address: gr.innovation@innovationnorway.no
Programme Fund Operator: Innovation Norway
National Programme Partner: The Hellenic Development Bank, Athens
Programme Budget: € 21,500,000 (EEA Grants)
Results from the First Call for Proposals, "Business Innovation Greece" Programme
The First Call for Proposals closed on 1st October 2019. The final list of approved projects is now published.
You may watch a video where the 16 approved projects are presented.
Summary of the First Call of for Proposals, Business Innovation
The First Call for project proposals of the Business Innovation focus area was closed on 1 October 2019.
35 applications were received by the closing date of the call. Applications from 16 different cities around Greece were received, with more than half of them based in Athens, Thessaloniki or Piraeus. The total grant amount applied for is approximately 25 million Euro. The available funding was 19 million Euro.
23 of the applicants applied with a Norwegian partner, no partners from Iceland or Lichtenstein. Six applicants used the opportunity to apply for a guarantee from the Hellenic Development Bank (former The Hellenic Fund for Entrepreneurship and Development), in order to obtain a bank loan for the co-financing of the project.
11 project applications for Blue Growth were submitted, of which 10 are formally eligible. Available budget is 8 million Euro.
11 project applications for Green Industry were submitted, of which 10 are formally eligible. Available budget is 8 million Euro.
13 project applications for ICT were submitted, of which 12 are formally eligible. Available budget is 3 million Euro.
A significant amount of the projects feature development, which is in line with the Programme’s goal that new technologies, solutions, products or services should be developed or applied.
All applicants will receive written information about the eligibility of their application and the further process.
Important note: The Fund Operator will not return the submitted project applications to the companies and the personal information will be processed in line with the respective EU GDPR regulations and internal rules of Innovation Norway.
Areas of Support:
Programme Area Specifics:
The Business Innovation Greece Programme will seek to stimulate and develop long-term business cooperation between Iceland, Liechtenstein and Norway on one hand, and Greece on the other, based on business development and innovation.
The aim is to allocate 75% of the funding to SMEs. Priority will be given to bilateral partnership projects offering added value.
The Programme will consist of the following three focus areas, with the funding allocated as such:
The Call for Travel Support is currently open.
The objective of the Travel Support is to facilitate establishment of bilateral business partnerships between the Donor States and Greece with the intent to participate in the calls under this Programme.
Entities from Grece and the three Donor States can apply for funding. The applicants must be constituted as legal entities in Greece or in one of the Donor States (Iceland, Liechtenstein or Norway). All information regarding the eligibility conditions are included in the Guidelines for Travel Support.
Step 1 - Apply
You will find the link to the documents at the bottom of this page. Please note that Innovation Norway's written approval is required prior to your travel.
Applications for Travel Support will be assessed and awarded by Innovation Norway on a continuous basis (until the depletion of the available budget).
Step 2 - Disbursement of Funds and Reporting
The funds are offered based on reimbursement principle. The expenditures are covered by the applicant from his own funds and a reimbursement request will be submitted to Innovation Norway after the travel has taken place.
This should be based on a Request for Reimbursement and a Declaration of De Minimis Aid.
An applicant who is affected by a decision by innovation Norway on the formal and administrative eligibility of their application may file an appeal against the decision within 30 days after the decision has been communicated. Appeals must be filed via email to gr.innovation@innovationnorway.no.
Final decisions on whether to finance a project or not are not subject to this appeal procedure. In accordance with the Law on Innovation Norway, such decisions cannot be appealed.
Appeals are dealt with by the responsible Programme Director and/or the Innovation Norway Programme Director for the EEA and Norway Grants. A decision on the appeal will be issued within two weeks from the date the appeal was received.
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