Interregional Innovation Investments Strand 1

The objective of this call is to provide financial and advisory support for interregional innovation investments in shared and complementary smart specialisation areas along European value chains. It aims to mobilise investments in companies, particularly SMEs, to accelerate market uptake and commercialisation of innovations, contributing to cohesion policy objectives and EU priorities.

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Agency	I3 (EU)
Region	EU
Country	N/A
Legal form	Company, NGO, Government organization, Other
Start date	17 May 2023
End date	17 Oct 2023
Max funding	At least 70% of the total eligible costs must be allocated to investments in companies, with a focus on SMEs. Costs for financial support to third parties cannot exceed 30% of the total eligible costs.
Budget	31,213,426.50 EUR (2023 budget year)
Coverage	100% co-funding rate for Financial Support to Third Parties (FSTP).

Grant application conditions

Admissibility conditions	Described in section 5 of the call document.
Eligible countries	Described in section 6 of the call document.
Other eligibility conditions	Described in section 6 of the call document.
Financial and operational capacity	Described in section 7 of the call document.
Evaluation and award criteria	Described in section 9 of the call document.
Legal and financial set-up of the grants	Described in section 10 of the call document.
Documentation	https://ec.europa.eu/info/funding-tenders/opportunities/portal/screen/opportunities/topic-details/I3-2023-INV1

Eligible expenses

Evaluation criteria

Business exclusions

Reporting

Application process

Application requirements