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The Ministry of Health will launch on 29 May 2023 a call for proposals for the Hospital Medical Equipment Subsidy Scheme. All relevant information is set out below:
Purpose
The scheme aims to provide financial incentives, in the form of a government grant to Hospitals, for the purchase of new/new Medical Technology Equipment, with a focus on high end or digital technology:
- to replace existing equipment
- to meet additional needs
Funding
The total amount to be allocated for the needs of the Plan, which will be funded by NextGenerationEU's flagship instrument, the European Union's Recovery and Resilience Instrument (RRM), amounts to €5 million.
Grant Amount
Beneficiaries can receive funding under two schemes, Regulation (EU) No 1407/2013 (De Minimis) and Regulation (EU) No 651/2014 (General Exemption).
For companies that choose to receive funding under Regulation 1407/2013 (De Minimis), the grant amount is:
- 50% of the eligible costs in case of covering the need for additional equipment
- 30% of the eligible costs in case of replacement of existing equipment
- Maximum funding amount €200.000
For companies opting for funding under Regulation (EU) No. 651/2014 (General Exemption), for the purchase of new/new medical equipment for the purpose of covering additional needs, the grant amount is:
- 20% of eligible costs in the case of small enterprises
- 10% of eligible costs in the case of medium-sized enterprises
- Maximum funding amount €300.000
An enterprise may receive funding under both of the above two schemes (De minimis and General Exemption) for up to three (3) different investment proposals (through a separate application).
Beneficiaries Existing and/or new hospitals that are licensed under the Private Hospitals (Establishment and Operation Control) Law of 2001 to 2022 are eligible to apply.
Interested parties will be able to submit their application/proposal only by registered mail or hand delivery with proof of receipt. The application form must be fully completed and all supporting documents requested therein must be attached.
The application period is from Monday, 29 May 2023 to 03 July 2023.
The application should be submitted to the following address:
Hospital Medical Equipment Subsidy Scheme
(Attn: Ms Androulla Stylianou)
Medical and Public Health Services
Yorkeio Building, Mesopatoma, Office M29
Prodromou 1 and Chilonos 17
1448 Nicosia
Interested parties will be able to obtain application forms from the Medical and Public Health Services website at https:/www.moh.gov.cy/moh/mphs/mphs.nsf/All/C3E0B0950C3835A1C22589B9001A7070?OpenDocument
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 any additional questions interested parties may contact:
Ms Androulla Stylianou
Tel.22605735/22605417
Email: mdequipmentgrants@mphs.moh.gov.cy
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