Starting from today, 10 August, industrial undertakings will be able to begin submitting applications in the e-support environment in order to receive support from the EIC for the promotion of resource-efficient green technologies. Applications can be submitted starting from 10.00 on 7 September. The budget for the application round is EUR 13,788,746.
‘Over the past five years, the EIC has supported 182 enterprise resource efficiency investment projects with EUR 67 million from European Union funds. We have also provided EUR 700,000 in support for resource audits within companies,’ says Lauri Alver, Head of the Department of Financial and Support Services at the EIC, introducing previous investments in the field. ‘In addition to the support that will be opened today, it is planned to support additional companies with European Union funds in the coming years. All of these investments to promote the resource productivity of companies will contribute to a climate-neutral economy, environmental and economic resilience, and adaptation to climate change. One of the success stories of the measure was, for example, the project of Aknakoda OÜ, where resource savings were achieved by acquiring new and efficient equipment – now the company saves on raw materials through the more precise cutting of window frames, while also generating less residue and debris. Videos of success stories from resource efficiency projects can be viewed here.’
In addition to the support that will be opened today, it is planned to support additional companies with European Union funds in the coming years.
The opening measure will provide support for the development and implementation of a resource-efficient solution, as well as for the acquisition of equipment and the adoption of an information and communication technology solution.
The support can be applied for by a company whose main or secondary activity corresponds to the following codes of the Classification of Economic Activities in Estonia (EMTAK 2008) to the extent of at least 20% of sales revenue: mining industry (Section B, subsection 07–09) or processing industry (Section C, subsection 10–33), with the exception of activities that assist in the production of oil and natural gas (Section B, subsection 091) and the manufacture of tobacco products (Section C, subsection 12).
A prerequisite for applying for resource efficiency investments is an analysis of resource use carried out by trained auditors. Resource use analysis assesses the current situation and how to make production more resource efficient. The specific need for investment will be made clear after the results of the analysis are taken into consideration.
The amount of the grant is EUR 250,000–2,000,000 and the grant rate is up to 50% per project. The budget for the application round is EUR 13,788,746.
The application form will be opened for pre-filling in the e-support environment on 10 August. Applications can be submitted starting from 10.00 on 7 September. The grant is applied for as an open application on an ongoing basis until the budget of the call for proposals is exhausted.
On 16 August, an information day will be held to introduce the conditions for granting support.
Support is provided from the European Union Recovery and Resilience Facility (RRF) and the measure was developed by the Ministry of the Environment.