Circular Cities and Regions Initiative’s project development assistance (CCRI-PDA)
Summary
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Programme Name
Programme Description
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Call
Detailed Call Description
The CCRI-PDA should provide support for those activities necessary to prepare and mobilise finance for investment projects, such as feasibility studies, stakeholder and community mobilisation, business plans and preparation for tendering procedures or setting up a specific financing scheme/financial engineering.
The CCRI-PDA should focus on activities aimed at increasing circularity in product value chains that are relevant for the transition towards a sustainable circular economy at local and/or regional scale. The economic sectors and investment proposals involved in each CCRI-PDA service should be clearly specified and selected according to local and/or regional circular economy needs, resources and potential. Ideally, the proposed investments should be launched before the end of the project, which means that proposals should result in signed contracts with investors for circular economy investments at local and regional scale to that effect.
In addition, proposals should also include an exemplary/showcase to increase circularity in specific sector(s) at local and regional scale and/or in the size of the expected investments and leverage factors;
Indicatively, the CCRI-PDA focuses on small and medium-sized circular economy investments of up to €20 million (for a single proposal or a portfolio of proposals).
The EU contribution per proposal should not exceed 10% of the related investment.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
100%
EU Contribution per project: €6.00 million
Eligibility For Participation Notes
Proposals funded under this topic, and their circular systemic solutions, must form part of the demonstration projects for the implementation of the European Commission’s Circular Cities and Regions Initiative (CCRI). This means that:
- Proposals must cooperate with CCRI and its Coordination and Support Office by means of sharing with this initiative knowledge and experiences developed during the implementation of the project; these must be included in the Work Plan;
- Proposals must participate in the CCRI’s events; these must be included in the Work Plan;
Applicants must integrate explicitly these obligations into their proposal’s work plan.
The CCRI-PDA service targets public and private project promoters such as local and regional authorities or their groupings, public/private infrastructure operators and bodies, utilities and services, industry (including SMEs).
Programme Category
EU Competitive ProgrammesTotal Budget
€6.00 millionThematic Categories
- Environment and Climate Change
- Research, Technological Development and Innovation
- Urban Development
Eligibility for Participation
- Investment Funds
- Large Enterprises
- Local Authorities
- Private Bodies
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
Call Opening Date
17/10/2023Call Closing Date
22/02/2024National Contact Point(s)
Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia,
P.B. 23422, 1683 Nicosia
Telephone: +357 22205000
Fax: +357 22205001
Email: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
Marcia Trillidou
Scientific Officer A’
Email: trillidou@research.org.cy
Dr. Mary Economou
Scientific Officer
Email: meconomou@research.org.cy
EU Contact Point
European Commission, Directorate-General for Research and Innovation
https://ec.europa.eu/info/departments/research-and-innovation_en#contact