NEW CLIMATE INNOVATION VOUCHER SCHEME WITH EUR 0.5 MILLION EU GRANTS FOR GREEN PRIVATELY OWNED SMES AVAILABLE IN BELARUS
The Climate Innovation Voucher scheme is launched in Belarus, aimed at increasing SMEs' competitiveness to develop, implement climate technologies and support the ecosystem for clean-tech SMEs. Grant funds supported by EU under EU4Climate initiative
Climate Innovation Vouchers (CIV) scheme, aimed at the development and improvement of climate technologies and supported by the EU through its EU4CLIMATE initiative is introduced in Belarus. Since the launch in 2017, it has been successfully implemented in a number of economies and will now be rolled out in the eastern European state with a population of almost 10 million people. Grant funding and technical support under the scheme will be available to eligible local small and medium-sized enterprises (SMEs) willing to develop innovative clean technology solutions.
Belarusian SMEs will be able to tap into CIV funds worth €500,000 and receive grants of up to €50,000 to develop climate innovations, green technologies that reduce greenhouse gas emissions and improve energy consumption. Project applications from Belarusian SMEs will be accepted from 6 May 2021 onwards.
SMEs legally registered in Belarus at least 1 year before the project submission date could cover up to 75% of expenses for the development of new green products or approaches. Applications, key selection criteria, registration for service providers will be available electronically on the website.
The scheme will be jointly implemented by an ecosystem NGO Greencubator, which promotes climate innovations and green economy solutions, and CIVITTA, a leading consulting and research company in central and eastern Europe. The latter will be providing field presence in Belarus and use its analytical and research resources. Civitta will organize the launching event on 6 May to present the rules and procedures of the CIV scheme.
The European Union supports the implementation of climate mitigation and adaptation projects in the six Eastern Partnership countries as part of its EU4CLIMATE initiative with a contribution of €15.4 million in grant support, including to the Climate Innovation Voucher Scheme in Belarus. EU4CLIMATE aims to assist EaP countries in the implementation of their climate commitments and the introduction of climate-sensitive policies and actions. Find out more here and here.
Greenсubator develops the ecosystem for sustainable entrepreneurship, climate innovations, and a green economy in Ukraine. The main goal of Greenсubator is to increase the number of players and developers of climate-positive innovations in the green economy, helping them attract investment and enter global markets and thus contribute to the development of a low-carbon economy in Ukraine.
CIVITTA is a leading independent management consultancy in Emerging Europe. The company operates in 16 countries: Estonia, Latvia, Lithuania, Poland, Finland, Denmark, Belarus, Russia, Ukraine, Moldova, Serbia, Romania, Slovakia, Bulgaria, North Macedonia and Kosovo. CIVITTA provides management consulting and implementation services to corporations, start-ups, SMEs, governments, and NGOs, delivering great value for the money price point.