POC – Financing for innovative projects implemented by private companies

October 23, 2017

On October 18th, 2017, the final guide for the financing scheme: “Proiect Tehnologic Inovativ” (POC 1.2.1) for private companies was published. This line will be launched within 5 working days of the publication of the approval order of the guideline.

This action aims to fund projects that develop new or substantially improved products and/or processes or technologies, developed through research activities for the purpose of production and commercialization. The call has a total allocation of 286 million lei (about 64 million euro).

Eligible applicants:

  • large enterprises and SMEs, with R&D activity, but not as main activity.
  • The R&D component can be implemented individually by the applicant only or in a partnership with one or two research organizations.

Value of grant: up to 22.500.000 lei (aprox 5 mil euro);

Financing percentage:

  • For companies, variable percentage, between 10%-80% (depends on the type of activities included in the project, the dimension of the applicant and location if investment).
  • The activities performed by the research institutions are financed with up to 100% of the eligible costs

 Types of eligible activities:

  • industrial research;
  • experimental development;
  • preparatory feasibility studies for R&D activities;
  • innovation activities for obtaining, validating and protecting patents, and other intangible assets;
  • other innovative activities: high skilled personnel detachment, acquisition of innovation consultancy services, acquisition of innovation support services;
  • initial investments for innovation for introducing in production of R&D results.

For more information please click here.

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