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.
EEA and Norway Grants webpage