R&D grants provide financial support for research and development (R&D) initiatives by companies and organizations. They often originate from government agencies, state governments or foundations and aim to promote the development of innovative solutions and technologies.
What is funded?
The grants are aimed at projects that develop innovative products, services or processes. They cover costs such as personnel, materials and equipment and promote cooperation and the exchange of knowledge at the European level.
Who benefits?
From basic research to technology-oriented start-ups: Funding varies depending on the contribution towards knowledge gain and the project’s distance from the market. Young, innovative companies and tech-savvy start-ups can also benefit in particular.
How does the funding work?
Non-repayable grants are the main instrument, whereby the funding can be up to 100%.