Fund for Innovation Activities announced a public invitation for the grant of non-repayable funds for innovative companies and teams. Financial incentive for the transformation of innovative ideas into sustainable projects is secured by the Fund, in the third cycles of application, through the Early Development Program and Innovation Co- financing Program. With clearly defined criteria, the programs are intended for the development of new products, services or technologies that have strong innovative potential and are highly demanded on the market.
Depending on the program, the Fund presents grants starting from 80,000 to 300,000 Euros per individual project, and the companies have the obligation, concerning implementation of the project, to secure also part of the funds from other private sources. In such a way, the Fund supports research and development leading to innovative solutions that consequently have positive impact on the national economy.
Project applications from all fields of science and technology and all sectors of industry are filed by means of portal. The necessary documentation for the application and detailed information dealing with public announcement are on the internet presentation of the Fund.
Find out more and apply on the site of the Fund for Innovation Activities at the following link.