Winnovart Explainer. SMEGrowth 2020 in Romania. Series 5: Eligible activities and expenses

Funding will be available for business innovation projects on the Romanian market under the EEA & Norway grants. The funding comes through the SMEs Growth Programme operated by Innovation Norway in Romania.

Our programme explainer – newsletters to make this funding scheme easier for you to digest. This is series 5 on eligible activities and expenses.

As always with grants-funding, the eligible expenses must be linked to eligible project activities (check out here our series 3 on project eligibility and series 4 on funding conditions and aid categories).

Eligible expenses

  • Staff assigned to the project, incl. travel and subsistence, where applicable (example: staff for R&D activities in the project, other technical activities or project management);
  • Cost of purchase for new or second-hand equipment, special conditions apply (example: purchase of energy efficiency- related equipment and installations);
  • Costs of consumables and supplies (examples: materials and consumables required during R&D or testing);
  • Purchase of real estate and land (special conditions apply);
  • Subcontracting & external suppliers (examples: technical consultancy, engineering; legal; finance etc);
  • Information & publicity around the project; 
  • Eligible indirect costs/ overheads (15% – 25% flat rate, special conditions apply).

In order to be eligible, expenses shall only be incurred after the date of the funding approval by the Fund Operator (not before!). The eligible expenses apply to both Project Promoter (Main applicant) and their partners (local or from the Donor States).

The deadline for applications (Green industry Innovation, ICT, Blue Growth): 28 May 2020

Reach out to us for an independent review of your funding readiness and eligibility for this funding programme. 

Read more information about this call.


The full Winnovart Explainer Series on the SMEs Growth Programme Romania read here. 

Reach out to us for an independent review of your funding readiness and eligibility for this funding programme:
 
Check your eligibility now


Source: Information based on the official presentation of SMEs Growth 2020, by the Fund Operator. 
At Winnovart, we are one of the most successful independent consultancies with the EEA & Norway grants for private sector companies. In the past years we have raised over 20 mil euro in funding under this mechanism for clients from various industries across the CEE space. Most of the projects have involved bilateral partners from the Donor States (Norway and Iceland). We have a very good presence in the Donor States, with the capacity to support in the development of bilateral partnerships, one of the key success factors under the EEA & Norway grants.

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