What Could an Innovation Voucher Do for Your Business?

What Could an Innovation Voucher Do for Your Business?

If you need new or improved product, process or service; if you need access to research and experienced scientists to upgrade your work or solve a problem, two great opportunities are at your disposal!

You have the chance to apply for EBRD’s Green Innovation Vouchers and for Innovation Fund’s Innovation Vouchers for SMEs which will provide you with financial support for collaboration with experts from different fields in order to further develop and upgrade your business.

The EBRD’s Green Innovation Vouchers Scheme in Serbia aims at boosting the innovation capacity of SMEs in the field of resource efficiency, thus supporting the country’s long-term economic competitiveness and climate resilience. Specifically, the IVS will build new relationships between SMEs and local R&D service providers, which will stimulate direct knowledge transfer and catalyse the transformation of innovative project ideas into a market for resource-efficient products and services. These grants help SMEs to cover 90 per cent of the eligible R&D service costs, up to €20,000 (excl. VAT).

Innovation Fund’s Innovation Vouchers are intended for SMEs that seek for research institutions to help them solve the technical/technological problems they encounter in their business. In particular, SMEs can hire a public research institute for numerous services in order to solve their problem and upgrade their business.

The maximum amount that can be approved is up to 800.000 RSD, while the Innovation Voucher covers up to 80% of the total cost (excluding VAT). The public call for Innovation Vouchers is open December 21, 2017 – May 21, 2018 or until the funds are spent.

Sources: http://inovacionivauceri.ebrd.rs/, http://www.ebrd.com/news/events/green-innovation-vouchers-scheme-in-serbia.html, http://www.inovacionifond.rs/inovacioni-vauceri/, https://beta.rs/zelena-srbija/zs-poglavlje27/79189-ebrd-pokrece-u-srbiji-zelene-inovacione-vaucere