The budget required to carry out the project represents an estimated investment of 1.5 million euros. The Joint Innovation Unit has a grant of 926,925.06 euros approved by the Agency for Innovation and Development of Andalusia (IDEA), a body attached to the Regional Ministry of Economy, Knowledge, Business and University. The grant is co-financed by the ERDF (European Regional Development Fund) for specific R&D projects.
Joint Innovation Units
TheJoint Innovation Unit subsidises joint projects between companies and research entities in technological development and innovation activities.
The necessary funding can be requested by large companies, public research organisations, public and private university centres, technological development centres, as well as innovation and technology entities of the Andalusian knowledge system.
A minimum grant budget of 1.5 million euros and a maximum aid amount for each project of 60% of an eligible investment of 2 million euros is required.
The minimum contribution of the participating company must be at least 50% of the total budget and the duration must not exceed 3 years nor end later than 30 June 2023.
The different objectives and activities of the projects must be aligned with the priorities of theAndalusia 2020-RIS3 innovation strategy.