Where the money is committed
This programme commits its whole allocation to one programme area.
Programme· GR-INNOVATION · 2014–2021
Innovation, Business Development and SMEs
Increased value creation and sustainable growth
Programme objective, as agreed.
Allocation
€21m
Allocation by financial mechanism: EEA Grants 100%.
- EEA Grants €21m
- Norway Grants None
Funded by EEA Grants
€19m 92% of allocation
Contracted in signed projects
54
Projects signed
0
Donor programme partners
1
Documents published
| Programme area | Allocation | Share |
|---|---|---|
| Business Development, Innovation and SMEs PA01 | €21m | 100.0% |
Who runs it
Responsible bodies
- Programme operator
- Financial Mechanism Office
- Fund operator
- Innovation Norway
- National focal point
- Special Service of Planning, Coordination and Monitoring of the Implementation of Financial Mechanisms of the EEA, General Secretariat of Partnership Agreement (ESPA)
- Short name
- GR-INNOVATION
- Type
- Programme Implementation Agreement
Donor programme partners
Institutions from Iceland, Liechtenstein and Norway working on this programme.
No donor programme partner is named for this programme.
Bilateral ambitions
€150,000 shall be allocated to the programme from the fund for bilateral relations. This does not prevent the Joint Committee for Bilateral Funds from allocating additional funds to the programme.
Conditions in the programme agreement
3 concerns were recorded against this programme when it was agreed.
- In order to leverage synergies with other available funding mechanisms and facilitate capacity building and transfer of knowledge, the Hellenic Fund for Entrepreneurship and Development (ETEAN SA) shall be actively involved in the programme development and implementation as a National Programme Partner, including as a member of the Cooperation Committee.
- The programme shall address the following main focus areas: Green Industry Innovation, Blue Growth and ICT. The allocation to "Green Industry Innovation" shall be specified in the concept note.
- With the aim of leveraging the programme grant and contributing to the co-financing at project level, ETEAN shall endeavour to make available up to 100% of the total contribution to the programme from the EEA FM, through already existing financial instruments, loans and/or guarantees to the funded projects.
The 54 projects
€19m of awarded grant.
Signed per year
- 15 2020
- 3 2021
- 15 2022
- 21 2023
- Smallest grant
- €36k
- Median
- €224k
- Largest
- €1.5m
| Largest projects | Signed | Grant |
|---|---|---|
| Developing a pilot manufacturing line for Solar Glass (ProSol) BRITE HELLAS S.A. | 8 February 2022 | €1.5m |
| PRACCIS Plastics-K.Kotronis S.A. | 22 September 2021 | €1.2m |
| Green Offspring PRESSIOUS ARVANITIDIS S.A. | 3 November 2022 | €1.2m |
| Efficiency in Sorting via Automation Elliniki Diaxeirisi Aporrimmaton S.A. | 21 April 2020 | €1.2m |
| Implementing an innovative technology to remediate hazardous waste INTERGEO Environmental Technology and Waste Management Ltd | 19 June 2020 | €953k |
| ORGANIC WASTE PROCESSING: FROM LANDFILLING TO CIRCULAR ECONOMY Elliniki Diaxeirisi Aporrimmaton S.A. | 21 December 2022 | €883k |
| New Τechnologies Αpplication to Βoost Performance in the Recycling of Organic Waste (iCOMPOST) BIOSOLIDS | 12 April 2022 | €757k |
| ALTITUDE (automatic aerial network inspection using drones and machine learning) Renel IKE | 21 December 2022 | €694k |
Implementation status is not published for this funding period, so projects are shown by awarded grant and signature date rather than by progress.
Documents and calls
Published against this programme.
| Type | Document | Version date | Version |
|---|---|---|---|
| Programme Implementation Agreement | Programme implementation agreement GR-INNOVATION | 8 January 2025 | 15.0 |