Technological Innovation Credit

European Funds for a Modern Economy (FENG)

Funding under Priority 2: Innovation-friendly environment: Technological Innovation Credit

A continuation of the Technological Innovation Credit under the Smart Growth Operational Programme 2014-2020.
Support in the form of a grant (technology bonus) that covers a part of the technological innovation loan taken out by the entrepreneur with a commercial bank to finance investment expenses related to implementing innovative solutions (products or processes);
Funding level consistent with the regional aid map.

Technology investment

A technology investment consists in:

Acquiring a new technology and implementing it or
Implementing a proprietary technology and launching the production of new or significantly improved products, processes or services on its basis.

The implemented technology needs to have the form of industrial property rights or development work results or application research results or unpatented know-how.

Who can benefit from the Technological Innovation Credit?

The competition is addressed to micro, small, and medium-sized enterprises.

Eligible costs and evaluation criteria applicable under previous calls

Eligible costs:

Acquiring real property,
Acquiring construction works and materials,
Acquiring or producing fixed assets (acquisition, production, costs of transporting, assembling, and commissioning new or used fixed assets),
Acquiring intangible assets,
Costs of renting or leasing land, buildings, and structures or their parts,
Studies, expert opinions, concepts, and technical designs necessary for implementing the new technology.

Key evaluation criteria:

the investment involves implementing technology and not just acquiring fixed assets in which the technology has already been implemented (yes/no)
implementing a new technology in a specific form: industrial property rights, development results, industrial research results or unpatented know-how (yes/no)
novelty of the project’s results from the perspective of the applicant’s operations (yes/no)
technological innovativeness: new and previously unavailable solutions (4.5 pts), development of existing solutions (2 pts), no innovative solutions (0 pts)
innovation: a breakthrough product from the perspective of a given industry at a global level (6 pts), at a national level (3 pts), no breakthrough (0 pts)
the solution is consistent with the National Smart Specializations – (2 pts) and/or relates to high or medium-high technologies or high-tech knowledge-intensive services (1 pt)

How can we help?

Assessing investment eligibility;
Determining the adequate scope of investment;
Analysing eligible costs;
Modelling project scope to maximise the chances for obtaining aid;
Drafting required application documentation;
Assisting in relations with institutions;
Assisting in public aid settlement (including e.g. preparing purchasing procedures, drafting payment applications, preparing the project for inspection by the financing institution).

CRIDO's experience in numbers

PLN 9.5 billion
in funding obtained for our clients

over 500
completed projects

PLN 2.2 billion
obtained for R&D projects

PLN 3.6 billion
obtained for investment projects

PLN 1.9 billion
obtained for environmental projects

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Technological Innovation Credit