Typically, EU-grants and similar funding are non-reimbursable money. They are available to both private and public beneficiaries.
At Winnovart, we are dedicated to provide funding opportunities to the private sector. We aim to be the first name to be considered by SMEs and large enterprises across different industries looking for attractive solutions to finance their investment projects.
Almost regardless of your business case and activity profile, we will always provide innovative ideas for financing your investment.
Funding rates may vary depending on company size, project location and profile. Nevertheless, private enterprise can get in most of the cases up to 70% financing of their investments’ eligible costs. In some cases the funding rate can go up to 100% of specific eligible expenses.
There is a large variety of grants & incentive programmes available on the European market. According to our experience we would structure it into 4 main groups:
EU-funding programmes offered and managed directly by the European Comission, available to applicants across entire European Union
EU-funding programmes implemented locally, in each EU-member state, by the responsible local authorities
Local State-aid and incentive mechanisms, available in individual countries or regions, according to specific local policies
Regional funding programmes available for a wider region (comprising more countries) but implemented locally – for example the EEA and Norway financial mechanism addressing a group of EU-member states in Central and Eastern Europe.
Typically, EU-grants and similar funding are non-reimbursable money. They are available to both private and public beneficiaries. Mandatory first steps are the definition of a sustainable investment project and identification of most suitable funding programmes available.
A key point is then the formal eligibility of the project and applicant, depending on the specific criteria and requirements of the targeted programme. Once these milestones are overcome, you may continue the application process.
There are 4 generic phases in the development and implementation of an investment project in a public-funding context:
1. formal eligibility structuring
2. preparing and filing a competitive application
3. successfully passing the evaluation phase and receiving the funding approval
4. implementing the project according to the approved structure
Our range of services comprise:
– Eligibility check (project/applicant)
– Structuring the financing concept
– Developing the required business plans/ feasibility studies
– Full- prepare of the application file
– Support during the evaluation process
– Project management during the implementation phase (with special attention on the procurement process, reporting obligations and payment claims)
