Call has ended!
What kinds of projects are eligible for this funding?
The funding call is intended for companies that make industrial investments in the reuse of side streams and various materials and in the recycling of waste streams. The pioneering companies must operate in Finland.
The funding will be allocated to:
- the first commercial installation investments
- introduction of new technologies into existing processes
- digital solutions promoting recycling and reuse (excluding online sales and investments in distribution channels).
The assessment of a project’s eligibility
Business Finland’s funding is always discretionary. The funding decision will be made in accordance with the selection criteria defined in the funding call and Business Finland’s normal funding criteria.
Aspects that affect the assessment include:
- new turnover generated by the project
- the novelty value of the solution proposed in the project
- the impact of the project on the promotion of circular economy in Finland (local, national or international impact)
- the feasibility of the project.
How does one apply for funding?
The funding application must be submitted through Business Finland’s online service.. To apply for the funding, use the application Investment aid for circular economy. Under the RRF section in the application, select the application identifier RRF – Recycling and reuse investments.
The plan is to use a total of approximately EUR 30 million for this funding call in 2022. Some of the funding will be Business Finland’s national funding and some will come from the EU Recovery and Resilience Facility.
The source of the funding does not affect the level of the funding. The funding does not burden the de minimis aid for companies or the Commission’s temporary support program.
Application schedule
Applicants are advised to contact Business Finland well before submitting their application. The funding call will end on 5.10.2022.
The funding decisions will be made by the end of 2022.
See full call text (in Finnish) (pdf)
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