€34.8 million in new funding to bring environmental solutions to market
The European Commission is launching a €34.8 million call for eco-innovation projects.
The call is open to eco-innovative products, techniques, services and processes that aim to prevent or reduce environmental impacts, or which contribute to the optimal use of resources. This year’s call has five main priority areas:
- materials recycling
- sustainable building products
- green business
- the food and drink sector
The call is targeted particularly at SMEs that have developed an innovative green product, process or service, which is struggling to find its place in the market. The call offers co-funding to cover up to 50 % of the project cost, and is likely to support around 50 new projects this year.