The Ministry of Energy, Trade and Industry (MoEIB) announces that the submission of applications under the Grant Scheme for the Promotion of Energy Efficiency Investments by Small and Medium Enterprises and Non-Profit Organisations will start on Wednesday, 13 July 2022 at 09:00.The total amount available for the needs of the call is €40 million.
The Grant Scheme aims to promote energy efficiency investments in buildings and facilities owned and/or used by SMEs and non-profit organisations. In particular, it targets energy efficiency measures in existing buildings, as well as in existing facilities, infrastructure and production units that currently have high energy consumption. The main objective is to reduce primary energy consumption by 30% on average by all supported enterprises.
Beneficiaries are existing small and medium-sized enterprises (SMEs) of all economic sectors, except those falling on the exclusion list of the Plan (Annex C of the Implementation Guide). The types of investments covered by the project are.
The types of investments covered by the project are: Beneficiaries SMEs. MSEs: SMEs. Maximum grant amount €100 thousand [*]Energy upgrading with the addition of a photovoltaic system: Beneficiaries SMEs. Sponsorship rate of 40% of eligible costs with a maximum sponsorship amount of €150 thousand. [*]Energy upgrade for upgrading existing buildings to near-zero energy consumption (NERC): Beneficiaries SMEs and NGOs. Sponsorship rate for SMEs 40% and for NGOs 60%. Maximum grant amount €300 thousand [*]Energy upgrading of NGO buildings: beneficiaries of NGOs only. 60% grant rate on eligible costs with a maximum grant amount of €150 thousand
The project will be implemented under Measure C2.1I1 of the 'Cyprus_Tomorrow' Plan and will be funded by the European Union (EU) Recovery and Resilience Instrument, the central instrument of NextGenerationEU, the temporary instrument to finance the EU's recovery and exit from the pandemic crisis. It is part of the MoEF's strategy for a rapid transition to green energy.
It is stressed that companies in difficulty within the meaning of the Community guidelines on State aid for rescuing and restructuring non-financially distressed companies (2014/C 249/01) are NOT eligible for a grant from this Project.
Interested parties may obtain the final Guide to the Scheme, which sets out all details, the Model Application Form, and other required forms or documents, from the Department of Industry & Technology's website (www.meci.gov.cy/sit) from Monday, 11 July 2022.
Applications will be accepted through the Department's online Grant Plan System until September 30, 2022 at 11:59 p.m. or until the available budget is exhausted.
It is emphasized that applications and related required documentation should be submitted electronically only, at https:/fundingapps.mcit.gov.cy, using Chrome, Firefox and Edge browsers.
The order of priority will be determined based on the order of submission of proposals (direct evaluation) and the maximum amount of approvals will not exceed the available budget of the Call.
For further information, interested parties may contact the relevant Officers, at 22867335, 22867208, 22867191, 22867297, 22867216 and 22867148: sit@meci.gov.cy
(NΓ/SX)
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