The Action aims to provide motivation for investments, financial growth, develop knowledge and innovation, business competitiveness increase, employment of top-level scientific staff and connection between academic and production sectors. 

 

Funding Applications must belong to one of the four following sections: 

I.   Research and Development from businesses 

II.  Collusion of Businesses and Research Organizations 

III. Utilization of research results 

IV. Seal of Excellence for businesses 

Potential beneficiaries of the Action are: a) Businesses and other organizations treated as businesses and b) Research organizations and other organizations treated as research organizations. 

 

Terms and Conditions 

For businesses and other organizations treated as businesses: 

1. Businesses must be already existing for at least one full (annual) tax year. Businesses of section IV are excluded from this condition. 
2. Businesses must be registered in Beneficial Owners Registry (except for individual businesses) before the Funding Application’s date of submission. 
3. Big-sized businesses can only participate in the Action if they are members of collaborations that includes at least one SME. 
4. The requested budget of a business cannot surpass 60% of the highest turnover achieved in one of the last three tax years before the year of the Funding Application’s submission. Businesses of section IV are excluded from this condition. 
5. Businesses must hold at least 30% of the requested budget. 
6. Funding must have incentive effect for the business. (Regards section IV) Crucial check date is the date of the application’s submission of the original proposal that received the Seal of Excellence in the Action “Horizon Europe”.  
7. (Regards section IV) The organization’s ID in OPSKE must be the same with the business that received the Seal of Excellence in the Action “Horizon Europe”.  

 

For research organizations: 

1. Separate accounting project’s monitoring and separate accounting monitoring of non-economic and (should they exist) economic activities. 
2. Their primary purpose must be teaching and education, independent conduction of basic research, industrial research or experimental development for furthermore knowledge and better comprehension. 
3. They must anticipate wide spread of the results in all-inclusive and without distinctions teaching, databases, publications or open-source software. 
4. Total profit from knowledge transfer activities must be reinvested in the research organization’s main activities. 

For other organizations treated as research organizations: 

1. Can be Public Services, Public Entities, Private Entities and Charitable Foundations. 
2. Their main activities cannot be profitable. 
3. Their Article of Incorporation must anticipate the activity of research. 
4. They must anticipate wide spread of the results in all-inclusive and without distinctions teaching, databases, publications or open-source software. 
5. Total profit from knowledge transfer activities must be reinvested in the research organization’s main activities. 
6. Separate accounting project’s monitoring and separate accounting monitoring of non-economic and (should they exist) economic activities. 

Budget – Scheme & Rate of Aid 

The Action’s total budget is 300.000.000,00€ and the aid scheme is Regulation (EU) 651/2014 of July 17/06/2024. 

 

Sections	Less Developed Regions	Regions in Transition (Attica & Southern Aegean)	Total
Ι	46.800.000,00€	13.200.000,00€	60.000.000,00€
ΙΙ	14.400.000,00€	39.600.000,00€	180.000.000,00€
ΙΙΙ	30.420.000,00€	8.580.000,00€	39.000.000,00€
IV	16.380.000,00€	4.620.000,00€	21.000.000,00€
TOTAL	234.000.000,00€	66.000.000,00€	300.000.000,00€

 

 

Eligible Fields	Public Expenditure (million €)
Materials, Construction and Industry	20
Tourism, Culture and Creative Industries	41
Agricultural Food Supply Chain	54
Environment and Circular Economy	33
Biosciences, Health and Medicine	59
Transportation and Supply Chain	18
Sustainable Energy	23
Digital Technologies	52

 

Section	Funding Application’s max accepted budget
I	800.000,00€
II	2.000.000,00€
III	2.000.000,00€
IV	The approved budget in the Action “Horizon Europe”.

 

Eligible Expenditure – Scheme & Rate of Aid 

• Personnel Cost. 
• The rest of the expenditures is calculated with the use of coefficient 40% of the personnel cost and may include: 

1. Expenditure of hardware depreciation for as long as used, 
2. Expenditure of buildings depreciation for as long as used, 
3. Expenditure for contracted research, knowledge and patents, 
4. Additional expenses and other operational expenditure. 

Eligible Activity		Big – Sized (till)			Medium – Sized (till)			Small – Sized (till)
Research and Development Projects	Industrial Research	I	II	III	I	II	III	I	II	III
		50%	50%	–	60%	60%	–	70%	70%	–
	Industrial Research under conditions	I	II	III	I	II	III	I	II	III
		65%	65%	–	75%	75%	–	80%	80%	–
	Experimental Development	I	II	III	I	II	III	I	II	III
		25%	25%	–	35%	35%	35%	45%	45%	45%
	Experimental Development under conditions	I	II	III	I	II	III	I	II	III
		40%	40%	–	50%	50%	50%	60%	60%	60%

 

Note that 1) scheme & rate of aid of section IV (research and development) is 70% and 2) Research Organizations’ funding can be up to 100%. 

 

The expenditures eligibility date is the date of the Application’s submission while, beneficiaries can implement the Action’s expenditures in no more than 36 months, given that time extension can be granted equal to 12 months. 

Evaluation Criteria 

1. Scientific and Technical Excellence 
2. Results and Impact 
3. Quality and Efficiency of the Implementation 

FiFo will be the evaluation method sections III and IV while the comparative method will be followed for sections I και II. 

 

Start of Applications submission:     06/06/2024, 12:00 

End of Applications submission (I):  10/07/2024, 15:00 

End of Applications submission (II): 17/07/2024, 15:00 

End of Applications submission (III, IV): till the end of funds and no further than 27/11/2024, 15:00 

 

For additional information you can call us (2108020555) or e-mail us ([email protected]).