Maximum grant 4,000 EUR
Each applicant who has received a grant from European Regional Development Fund must inform the public about receiving the grant, using the logo of the European Regional Development Fund and the EAS. Please refer to the guideline and logos.
Service providers for the innovation voucher can be the following:
Activities that are not supported
The application procedure is conducted via the EAS e-service.
Information and support centre, +372 627 9700, email@example.com
The applications are evaluated by an EAS consultant who can bring aboard independent experts, if necessary.
Processing time for an application (including evaluation) is up to 10 days.
A more thorough description of application evaluation can be found in the project path.
Reporting documents can be found in the e-service, a more detailed account of reporting is included in the project path.
The entrepreneur should define their development obstacle, question or issue that needs a solution, regarding which they need expert advice, technology or material tests, studies in intellectual property databases etc.
The entrepreneur will find suitable cooperation partner(s); the selection list can be found here.
A suitable project plan will be developed with the cooperation partner. The cooperation partner also has to set a price quote, which is an integral part of the project plan when applying for a EAS innovation voucher grant. The price quote should include a clear description of the activities of the service bought and unit prices, so that it would be understood how the given price quote came to be.
NB! Three independent price quotes have to be submitted if the price of the purchased service exceeds 5,000 euros. If the applicant of the grant is unable to submit three independent price quotes, they should add a corresponding explanation to their application.
After receiving price quote(s) and determining specific activities of the project, it is necessary to fill a short application form, which has to be submitted via the EAS e-service . We are glad to provide consultation in regard to compiling the application, so that your project would be high-quality and would meet all the necessary requirements.
The EAS can evaluate the applications for up to 10 working days. In the case of a positive decision, an innovation voucher shall be issued and you can begin work on your project.
The evaluation criteria of the innovation voucher application and their percentages of the total grade are the following:
The entrepreneur and their cooperation partner will conduct the project in accordance with the agreed conditions. If the cooperation partner requires an advance payment, then the entrepreneur is responsible for paying it initially (as is the case for all other state grants).
NB! The public should be notified of using the innovation voucher; more information can be found here.
NB! According to clause 24 (11) of the Structural Assistance Act, the grant recipient is required to distinguish the expenses relating to the project from other expenses. The distinguishing of project expenses, depending on the accounting software used at the company, can be organised by setting up a separate expenditure account for the project or adding appropriate identifiers (object, project etc.) to the account codes.
After the completion of the project, the entrepreneur shall submit a final report on the work that has been done, as well as other necessary documents. If everything got done in accordance to the initial agreement EAS will reimburse the innovation voucher to the entrepreneur in full.
After the completion of the main project, a final report of the project has to be submitted via the e-service of EAS along with the following documents: