The LVPA has launched the Eco Innovations LT call, which offers up to €1.5 million of support for modernising a company’s business. The aim is to invest in tangible assets (equipment, technologies) that reduce the negative environmental impact of economic activities
Support for activities to modernise production :
- Costs of acquiring plant, equipment and tangible assets for productive activities (including transport, design, installation, site preparation, installation, preparation for use, testing, training for use, safety instruction, maintenance (while installation, installation, preparation for use, testing) and related costs);
- special purpose vehicles for productive activities
- salaries of staff working on technological eco-innovations
Amount of funding
- The maximum amount of funding that can be awarded to a project is EUR 1 500 000
- The minimum amount of funding that can be allocated to a project is EUR 50 000
Funding intensity
- up to 45 % of the total eligible costs of the project if the applicant is a micro- or small enterprise (up to 50 employees)
- up to 35 % of the total eligible costs of the project if the applicant is a medium-sized enterprise (up to 250 employees)
Key requirements for the company:
- In operation for at least one year
- The annual income from production is at least EUR 145 000.
The project requires:
- A business plan providing information to justify the need for the project and the need for investment.
- Application and related documents.
Project duration up to 24 months Applications must be submitted by 10 April 2019.
We have a team of professionals from businesses and academic institutions who will help you assess the retrofitting options and work with your specialists to prepare the most appropriate technical-financial solutions, prepare the application and help you implement the project.