Slovakia will get more than EUR 113 million under the EEA & Norway grants 2014 – 2021, being one of the 15 Beneficiary States across the EU in this new funding cycle, to have signed the Memorandum of Understanding with the Donor States (Norway, Iceland and Lichtenstein). The total budget includes EUR 15.5 million of national co-financing.
Out of the total budget, approx. EUR 20 million will be dedicated to the business and innovation sector under the Business Development, Innovation and SMEs programme.
The programme Business Development, Innovation and SMEs aims to support increased value creation and sustainable growth.
Innovation Norway, the Norwegian Centre for International Cooperation in Education (SIU) and the National Agency of International Education Affairs (AIBA) will manage the programme directly addressing the private sector. This programme opens excellent opportunities for Norwegian actors interested in creating a green, competitive and inclusive Europe.
Further programme areas of less direct relevance for the private sector are:
• Climate change Mitigation and Adaptation
• Cultural Entrepreneurship, Cultural Heritage and Cultural Cooperation
• Good Governance, Accountable Institutions, Transparency/ Cross-border Cooperation
• Fund for Non-Governmental Organisation
• Local Deveopment, Poverty Reduction and Roma Inclusion
• Domestic and Gender Based Violence
• Social Dialogue – Decent Work
The total EEA & Norway Grants budget allocated to Slovakia, including the funds for Bilateral Relationship and Technical Assistance, amounts to EUR 104.6 million.
For a complete overview of the EEA & Norway Grants 2014 – 2021, you may have a look at the Blue Book – the document outlining the strategy of this mechanism until 2021.
For an overview of the 2009 – 2014 of the EEA & Norway Grants mechanism, with a focus on the funding that was available for private sector enterprises, please check Winnovart’s 2015 study.