If you are a business owner in the European Union, you will want to know about Horizon Europe funding. This new program offers billions of euros in funding for innovative businesses. In this article, we will discuss the available different types of financing, as well as the eligibility requirements. If you are interested in applying for Horizon Europe Funding, this article is a must-read!
What should I know about this?
First, let’s discuss the different types of funding available through HorizonEurope. There are two main options: grant funding and loan financing. Grant funding is given without the expectation of repayment, while loans must be repaid with interest over time. Both types of financing can support various activities, including research and development projects, demonstration projects, market uptake activities, and more.
Your business must be based in the EU or associated countries to be eligible for this funding. Your project must also contribute to one or more of the program’s specific objectives, such as supporting digital transformation or promoting climate action. Additionally, your project must have a clear innovation component and involve some level of risk.
We hope this information has been useful to you.