April 26, 2024 5 min read
Recovery Fund: Additional 27.8 million euros for research and innovation

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With extra 27,8 million euros from the Recovery Fund "Greece 2.0" The Action.

Research - Create - Innovate - Budget

More specifically, the total budget of the Action is 27.8 million. euro. The co-financed public expenditure from the Recovery Fund through the National Recovery and Resilience Plan "Greece 2.0" amounts to in 24.72 million euro.

Implementing Agency: research - create - innovate

The Action Implementation Agency has been designated the Special Service for the Management and Implementation of Actions in the Research, Technological Development and Innovation sectors (EYDE ETAK).

It is addressed exclusively to the potential beneficiaries of 36 projects of the NSRF Programming Period 2014-2020. These proposals, although highly rated and considered excellent, were not funded. This happened because the available resources were exhausted.

Minister of Development and Investments, Adonis Georgiadis

«The Ministry of Development and Investments manages to be one of the first ministries to absorb the Recovery Fund, just as we managed to take the lead in absorbing NSRF resources. In 2021 we proceed with the announcement of the potential beneficiaries 36 projects of the NSRF Programming Period 2014-2020 so that all mature proposals are funded normally. We continue at the same pace."

Deputy Minister of Development and Investments, Christos Dimas

“We made a conscious decision to immediately use the resources of the Recovery Fund to fund research proposals that had been evaluated very highly but had not been funded because the budget had been exhausted. In this way, we reward scientific excellence and support scientific and business innovation in practice."

Secretary General of Research and Innovation, Athanasios Kyriazis for Recovery Fund

"With the call we signed today, we aim to finance mature research proposals from Greece 2.0. It is the first call for support for research and innovation projects from the Recovery Fund".

You can find more information about the action here.

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