Do you have plans to switch from fossil fuels to green energy or electrify your business processes to reduce CO2 emissions? Then GREEN investeringssteun is a Flemish support measure specifically for you. GREEN investeringssteun is also possible for investments to reduce your energy consumption, such as adjustments to your production process or the use of residual heat.
FI Group helps you with a clear project plan to make your ideas succeed and supports you with a strategy to obtain the necessary funding.
The GREEN investment grant aims to tackle global warming and reduce rising energy costs through greener and more efficient energy use in industry. This grant supports projects that invest in the green transition and/or reduce energy consumption but do not meet today’s standard technologies.
All SMEs and large enterprises investing in an operating seat in the Flemish Region.
The subsidy rate for the GREEN investment support varies depending on the eco-class in which a project falls.
For SMEs (small and medium-sized enterprises), the subsidy rate is 40% for projects in eco-class A and 30% for projects in eco-class B.
For large enterprises, the subsidy rate is 30% for projects in ecoclass A and 20% for projects in ecoclass B.
An enterprise can include several investments in one project and can also submit several projects. However, the total support per enterprise is limited to €1 million for the entire project duration.
The eco-class of a project is determined based on its cost-effectiveness (KE), which is calculated using the ReCiPe Endpoint method based on a Life Cycle Impact Analysis (LCIA). Projects with high cost-effectiveness (KE ≥ 1.5) fall into eco-class A, while projects with lower (but still sufficient) cost-effectiveness (0 < KE < 1.5) fall into eco-class B.
The total project costs to realise your investment must be at least €50,000 to qualify.
These include all costs required to implement the project such as engineering, investment, installation, preliminary study, operational costs and infrastructure costs.
Contact one of our expert consultants who can further support you in analysing, preparing and submitting your application.
FI Group has 20 years of experience and wants to support you in understanding and exploiting the available R&D+I opportunities. Our experts are at your disposal to analyse your project. Together, we take the next steps in your innovative (project) growth.