European Commission announces EUR 31.5 million to bring environmental solutions to market
The European Commission has launched a call for eco-innovation technology proposals that aim to prevent or reduce environmental impacts or contribute to the optimal use of resources. The Eco-Innovation scheme will fund 45 projects over the next year to the value of EUR 31.5 million. Proposals are being sought in five specific areas: material recycling, water, sustainable building products, green business, and the food and drink sector. Read more…
Eco-Innovation is funded via the Competitiveness and Innovation Framework Programme and has a five-year budget of around EUR 220 million up to 2013. It contributes to the Eco-Innovation Action Plan and supports technologically proven products that help make better use of Europe's natural resources.
This year’s call is primarily targeted at private businesses, mainly small and medium-sized enterprises that have developed an innovative green product, but are having difficulty launching it onto the open market. The scheme offers co-financing of up to 50% of the total project cost. Businesses have until 5 September 2013 to submit their proposals. A European Eco-Innovation Information Day will take place on 27 May in Brussels, where companies will be able to get detailed information about the scheme and how to apply for funding.
The initiative, which is managed by the Executive Agency for Competitiveness and Innovation, already has 185 projects under way with another 50 about to begin from last year’s call. Examples of current schemes include optimising technology to re-use old bricks in the construction industry, producing leather shoes that are free from harmful chemicals and a new technique for carpet manufacturing.
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