EAS (Enterprise Estonia) and KredEx (Credit Institutions Export Guarantee) Joint Foundation will open the fifth round of the Applied Research Program.

The Applied Research Program supports the development of innovative products and enables companies to increase their revenue by developing new or significantly improved technologies, processes, products, or services.

The maximum amount of support for one project is 2 million euros, and the minimum is 250,000 euros. The share of support in the project’s volume is up to 70%, depending on the size of the company and the technological readiness level of the project.

Additional points will be awarded during the evaluation process for projects aimed at achieving sustainable development goals. The application round is open for 60 days, with the deadline for project submissions for pre-assessment being November 27, 2023, and the application deadline being December 8, 2023, at 16:00.

To submit an application, it is mandatory to undergo pre-consultation and pre-assessment. Pre-consultation is open at all times.

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