Manufacturing new products and developing innovative technologies, introduction to manufacturing support programs

Co-financing can be rendered to entrepreneurs for the purpose of designing and building new equipment that would be used for new product manufacturing (including goods or services) or development of new innovative technologies (including technological processes).

Program is closed

21.11.2017-12.04.2018

Funding

175,000€ – 2,200,000€

Funding type

Grant

Cofunding details

  • Grant: 35%
  • Мах volume of co-financing: 4,000,000 €, out of which:
    — 80% (max 3,200,000 ) allocated for parts and components
    — 20% (max 800,000 ) allocated for fine-tuning of the equipment
  • Min project capital volume 500,000 €
  • Project concerns manufacturing industry or healthcare. Over 20% of all investment volume must be allocated for fine-tuning of standard equipment.
  • Anticipated program time-frame: Second tranche opened in the autumn of 2017

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Briefly about the company

A company has grown from own projects: renovation of buildings and replacement of the equipment, development of new products, introduction in manufacture of new technologies. We have checked everything by ourselves: from writing projects to implementing them and drawing up a final report for co-financing from EU funds. A company has received a practical experience, which now is ready to share with customers.

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