25.08.2021
OPPORTUNITIES FOR GRANTS OF GREEN BUSINESS PROJECTS
Bulgarian companies will compete with the other in the EU for LIFE 2021-2027 funding
The European Commission announced in July the first LIFE 2021-2027 Procedures. It promotes projects related to two areas - environment and climate action. The program consists of four sub-programs - "nature and biodiversity", "circular economy and quality of life", "mitigation and adaptation to climate change" and "transition to clean energy". Its total budget for the period 2021-2027 is 5.4 billion euros, with two of the procedures open to the application being particularly interested in business.
The first is a "Circular economy, waste resources, air, water, soil, noise, chemicals, Bauhaus" with a total budget of EUR 95.420 million. The eligible project budget is within 2-10 million euros, with the grant to 60% of it. Projects related to innovative technologies, methods and approaches or best practices (both at a Member State or sector level) are supported in the sphere of:
Projects should contribute to reducing resource consumption and facilitating the transition to sustainable, circular, non-toxic, energy-efficient and climate-resistant economy; reducing the formation and improvement of waste management; protection of water resources, air, soils; Reduction of production, use and emissions of hazardous chemicals; reducing exposure to harmful noise levels.
The first procedures are already open.
The second open call for application of particular interest to business is "Mitigating climate change" with a total resource of EUR 30.5 million. Supported projects are expected to be within 1-5 million euros each, and the grant can again reach 60%. Eligible activities are related to the introduction of innovative technologies, methods and approaches or best practices (both at a Member State or sector level):
Both calls may apply legal entities (public and private) without limitation on their size (including native and large enterprises), associations and international organizations.
Eligible costs on both funding opportunities include purchasing equipment and depreciation, land purchase (under certain conditions), subcontract costs, indirect costs (up to 7%), staff remuneration, road, daily and cost Third countries necessary for the implementation of the project. Partnerships are not mandatory for participation, but their presence is better evaluated.
The deadline for application for non-grants "circular economy, waste resources, air, water, soil, noise, chemicals, Bauhaus" and "mitigation climate change" is 30 November 2021, and project submission is electronic through the European Commission's portal.