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Blended Funding Schemes explained. How can we make the most of this new funding model?

What are Blended Funding Schemes?  

Blended or public-private funding schemes combine grants with private investor money to support innovative companies in various industries. Private investors collaborate with the government funding agencies in the process of selecting and allocating the funding to promising SMEs, following targeted and sector-focused competitions.  

At Winnovart, we believe t

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EEA & Norway grants statistics – Competition results Business Innovation Greece 2019

At, Winnovart, it is part of our mission to bring transparency in the grants-based market space. We do this in the funding areas and for the funding mechanisms we are working with. This is why we are introducing a very comprehensive analysis of the EEA & Norway grants statistics available so far (the business programmes operated by Innovation Norway). We believe this might be the most...

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Winnovart Explainer – EEA & Norway grants for business innovation projects in Greece. 2020 call now OPEN.

EUR 13 million funding is available for Greek SMEs and large enterprises via the Business Innovation Greece’ programme under the EEA & Norway grants – 2020 competition. The programme aims to support companies for development, innovation and commercialisation activities. The scheme is operated by Innovation Norway and supports the bilateral relations between the Donor states and Greece. 

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EEA & Norway Grants in Greece – Business Innovation Call 2020 open

EUR 13 million funding is available for Greek SMEs and large enterprises via the ‘Business Innovation Greece’ programme under the EEA & Norway grants – 2020 competition. The programme aims to support companies for development, innovation and commercialisation activities. The scheme is operated by Innovation Norway and supports the bilateral relations between the Donor states and Greece.

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EEA & Norway Grants in Romania – 3rd Call for Proposals under the SMEs Growth Scheme for business development and innovation – expected 2021

Up to EUR 12-18 million is expected to be made available to SMEs and large enterprises during the next call (2021) for project proposals via the SMEs Growth Programme in Romania, operated by Innovation Norway. The budget estimation is based on the official data on budget allocation level for this programme as of September 2020.  

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Studies & Insights

February 2016 update: Following a positive experience for the 2009 – 2014 funding cycle with this mechanism, we have compiled a detailed study with the results of EEA&Norway Grants across the Romanian market, with focus on programmes addressing private sector enterprises. The Romanian private sector has accessed EUR 31,734,163 in grants for approved projects in the 2009 – 2014 funding cycle....

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Lessons Learnt

A summary of all the lessons learnt after the previous rounds of this programme, including official recommendations from the programme operator, will help interested applicants/ potential beneficiaries assess their funding readiness under the SME Instrument, as well as improve the quality of their proposals.

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Reports and Statistics

Various analysis and statistics of the SME Instrument, based on public information provided by the programme operator about number of applications, beneficiaries, topic and country breakdowns. Different interesting rankings, statistical evidence of success rates and other interpretation of SME Instrument information is available here.

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DCCManagement is now Winnovart.

Funding is always an important issue for enterprises, regardless of their size.Implementing innovation into the business model offers funding versatility, as innovation opens up various funding options both locally and internationally.Grants, state aid schemes, private funding or a mix of them will all be available until 2020 for innovation projects across sectors and topics.

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Project Partnership Opportunities

Project opportunity no 1 – Title: EEANO – Innovative systems for glass processing and recycling

SME based in Central-Eastern Europe, specialized in the field of recycling, with a yearly turnover of EUR 800k and 20 staff. The company aims to apply as Project Promoter for EEA&Norway grants-funding.

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EEA&Norway grants statistics – Competition results SMEGrowth programme in Romania (2018)

At, Winnovart, it is part of our mission to bring transparency in the grants-based market space. We do this in the funding areas and for the funding mechanisms we are working with. This is why we are introducing a very comprehensive analysis of the EEA&Norway grants statistics available so far (the business programmes operated by Innovation Norway). We believe this might be the most...

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Winnovart Explainer – EEA & Norway grants for business innovation projects in Croatia

EUR 22 million funding is available for business innovation projects on the Croatian market under the EEA & Norway grants. The focus areas of the funding programme are Green Industry Innovation and Blue Growth, under 2 project schemes:– Individual Project Scheme for SMEs & Large Enterprises (around 16 mil euro)– Small Grant Scheme for SMEs (3 mil euro) and for Enterprises, Clusters, etc. – the...

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Winnovart Survey Results (preliminary) – Blended funding schemes in the UK/ Europe. Private Investors with no experience with such schemes.

Public-Private funding schemes or blended schemes combining private funding and grants have the potential to change (for good!) the grants-funding market space in the UK (and Europe). At Winnovart, we believe this is the most interesting thing happening in this market-space for many years in Europe, promising to reshape its future. We would like to understand the views of private investors on...

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Winnovart Survey Results (preliminary) – Blended funding schemes in the UK. The experience of Private Investors with the pilot schemes.

Public- Private funding schemes or blended schemes combining private funding and grants have the potential to change (for good!) the grants-funding market space in the UK (and Europe). At Winnovart, we believe this is the most interesting thing happening in this market-space for many years in Europe, promising to reshape its future. We have invited the investors who were recently/ are...

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