Post by parvej64 on Oct 25, 2023 9:46:00 GMT
Innovation subsidies – available opportunities Despite uncertain times, subsidies for innovation are expected in the near future. Innovative activities were widely supported under European funds in - , mainly from the POIR program. In the current - perspective, money will be available primarily in the FENG program under Priority I (modular projects) and Priority II (here entrepreneurs will be able to apply for funding for the implementation of innovative products/services on the market under the Loan for technological innovations measure).
The exact launch date of the Technology Loan is not yet known, but Bank the institution responsible for organizing the competition, confirmed that the recruitment process will definitely start this year. Innovations in SMEs are privileged in photo retouching projects co-financed by European Funds, nevertheless, companies of all sizes should find innovation subsidies that suit them. Non-repayable funding, such as that provided for under FENG, is intended to overcome one of the key barriers limiting innovation processes in the private sector.
High costs of R&D works and the lack of sufficient own funds to finance them, as well as difficulties in obtaining external financing. Depending on the intensity of funding, the company's own contribution to the project will be lower than in the case of implementing the project on its own, making such a solution attractive, especially nowadays. Companies from the SME sector will be but large enterprises will also have their opportunities, especially if they decide to cooperate with smaller companies or the science sector.
The exact launch date of the Technology Loan is not yet known, but Bank the institution responsible for organizing the competition, confirmed that the recruitment process will definitely start this year. Innovations in SMEs are privileged in photo retouching projects co-financed by European Funds, nevertheless, companies of all sizes should find innovation subsidies that suit them. Non-repayable funding, such as that provided for under FENG, is intended to overcome one of the key barriers limiting innovation processes in the private sector.
High costs of R&D works and the lack of sufficient own funds to finance them, as well as difficulties in obtaining external financing. Depending on the intensity of funding, the company's own contribution to the project will be lower than in the case of implementing the project on its own, making such a solution attractive, especially nowadays. Companies from the SME sector will be but large enterprises will also have their opportunities, especially if they decide to cooperate with smaller companies or the science sector.