Research – Innovate 2021-2027
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Program Dates
Start Date: 06/06/2024
End Date: 27/11/2024
It has been announced that on Thursday, 6/6/2024, the action "Research - Innovate" will commence. This action is a Strategic Significance Project under the Competitiveness Program (NSRF 2021-2027) and the grant percentage can reach up to 80% of the total budget.
The closing dates per intervention are as follows:
- for Intervention I on Tuesday 30/07/2024 at 15:00
- for Intervention II on Monday 09/09/2024 at 15:00
- for Interventions III and IV the Call will remain open until the exhaustion of the available budget per Region Category and at the latest until Wednesday 27/11/2024 at 15:00.
The evaluation process of funding applications is comparative for Interventions I and II and immediate (FiFo), until the budget is exhausted for Interventions III and IV.
Program Budget
The action's budget is €300,000,000, of which:
- €66,000,000 will be allocated to Transition Regions: Attica and South Aegean.
- €234,000,000 will be allocated to Less Developed Regions: North Aegean, East Macedonia - Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese.
The indicative Public Expenditure per Intervention and Category of Region is:
INTERVENTION | LESS DEVELOPED REGIONS | TRANSITION REGIONS | TOTAL |
North Aegean, East Macedonia - Thrace, Central Macedonia, Epirus, Thessaly, Western Greece, Crete, Western Macedonia, Ionian Islands, Central Greece, Peloponnese | Attica and South Aegean | ||
Intervention I Research and Development by Enterprises | 46,800,000 | 13,200,000 | 60,000,000 |
Intervention II Partnerships of Enterprises with Research Organizations | 140,400,000 | 39,600,000 | 180,000,000 |
Intervention III Utilization of Research Results | 30,420,000 | 8,580,000 | 39,000,000 |
Intervention IV Seal of Excellence for Enterprises | 16,380,000 | 4,620,000 | 21,000,000 |
TOTAL | 234,000,000 | 66,000,000 | 300,000,000 |
Who It Is For
a) Businesses and "Other entities treated as businesses"
b) Research organizations and "Other entities treated as research organizations"
Funding applications that will be supported under the Action can be submitted:
- either by individual small and medium-sized enterprises (SMEs),
- or by groups of businesses,
- or by partnerships of businesses with research organizations
and must pertain to research and innovation projects, fall under one of the four (4) Interventions, and concern the 8 sectors of the National Smart Specialization Strategy 2021-2027 (S3).
Briefly, the 8 sectors of the National Smart Specialization Strategy 2021-2027 are:
- Materials, Construction & Industry
- Tourism, Culture & Creative Industries
- Agrifood Chain
- Environment & Circular Economy
- Life Sciences, Health, Pharmaceuticals
- Transport & Logistics Chain
- Sustainable Energy
- Digital Technologies
Interventions
I. Research and Development by Businesses
Intervention I is aimed at existing businesses that have at least one (1) full (annual) financial year closed. Potential beneficiaries are either an individual small and medium-sized enterprise (SME), or Groups of Businesses, in which at least one must be an SME. Additionally, the group of businesses may include one (or more) entity/entities that belong to Other entities treated as businesses.
II. Partnerships of Businesses with Research Organizations
Intervention II concerns partnerships of existing businesses, that have at least one (1) full (annual) financial year closed, with research organizations, with the main recipients being businesses. Within the framework of the intervention, the partnership includes at least one small-medium enterprise and at least one research organization. Additionally, the partnership may include one (or more) entity/entities that belong to Other entities treated as Research Organizations or Other entities treated as businesses.
Specifically, within the framework of the intervention:
- In partnerships of two, three, or four partners - entities, one must necessarily be an SME.
- In partnerships of more than four partners - entities, two must necessarily be businesses and at least one must be an SME.
III. Utilization of Research Results
Potential beneficiaries in Intervention III are existing individual small and medium-sized enterprises (SMEs), that have at least one (1) full (annual) financial year closed.
IV. Seal of Excellence for Businesses
Potential beneficiaries are small and medium-sized Greek businesses that received the Seal of Excellence for research and development projects within the framework of the European Union's "Horizon Europe" Program, but did not receive funding due to budget exhaustion.
Maximum Budget for Funding Applications
Intervention I – Research and Development by Businesses | Up to €800,000 |
Intervention II – Partnerships of Businesses with Research Organizations | Up to €2,000,000 |
Intervention III – Utilization of Research Results | Up to €2,000,000 |
Intervention IV – Seal of Excellence for businesses: up to the limit of the approved budget from Horizon Europe. | Up to 60% of the highest turnover of the business. |
What is Funded
Eligible expenses in the Action are the expenses of Article 25, paragraph 3 of Regulation (EU) No. 651/2014, as applicable, for research and development projects, concerning a specific category of research and development, and are as follows:
a) Direct expenses for personnel remuneration
b) A single rate of 40% of the eligible direct personnel costs is used to cover the remaining project costs
Expenses for the projects of Intervention IV – Seal of Excellence for businesses are determined according to the “Horizon Europe” Program, suitably adjusted to the above eligible expense categories.
The start date for the eligibility of expenses is defined as the date of submission of the funding application, and the maximum completion duration of the physical and financial scope of the research project cannot exceed thirty-six (36) months from the date of notification of the Decision approving the evaluation results.
See here the full program guide.
We are at your disposal for any information or clarification you may need.