SEED money facility call

Срок за кандидатстване: до 29.03.2024 г.

New funding opportunity within the Danube Region Programme open - from 27 November, 2023 until 29 March, 2024.

EUSDR Seed money facility (SMF) shall serve as a tool for kick-starting development of projects in line with the 12 priority areas of the EU Strategy for the Danube Region. Proposals submitted under the SMF call shall be aligned to at least one EUSDR PA and shall clearly address the EUSDR action plan and targets.

What is the objective of the SMF call?

The objective of the seed money facility support is to prepare projects for further funding sources, regardless the financial instrument to be addressed by the project developed, be it national, mainstream EU, transnational or cross border or by any other public or private investor (such as IFIs) or public-private partnership available in the Danube Region.

Eligible partners

The following types of entities, officially registered in the programme area1, are eligible to apply:

Local, regional, national public bodies/ bodies governed by public law (including
EGTCs registered in one country of the programme area)
International organisations
Private bodies (non-profit organisations and private enterprises / private profitmaking organisations)

The developed projects shall be:

Complex – projects which are comprehensive of different actions/activities meant to address wide scopes;
Strategic – relevant for the Danube area, where the relevance is linked to core needs expressed by the Danube countries and endorsed by the Monitoring Committee;
Transnational – the effect of the project should go beyond the local/national need and address the wider Danube area in a macro-regional approach.

The DRP offers its financial support in achieving the above mentioned objective, in line with the provisions of its Specific Objective 4.1.

Funds allocated for the call and co-financing:

The programme will allocate for this call 3,600,000.00 euro Interreg Funds. Maximum EU contribution per EUSDR PA: indicative EUR 300,000.00 Interreg Funds.

Maximum project budget:

EUR 50,000.00 Interreg Funds (if only the 3 mandatory outputs are addressed)
EUR 100,000 Interreg Funds (if additional preparatory activities included besides the 3 mandatory outputs)

The maximum EU contribution to the projects is a co-financing rate of 80%.

For checking the summarized general requirements please consult the call announcement.