CrossRoads Initiative Launches Third Funding Call for Cross-Border Innovation
South Netherlands, Thursday, 12 September 2024.
CrossRoads opens its third funding round for companies in Flanders and South Netherlands, supporting cross-border collaborations addressing societal challenges. The call runs from August 26 to October 4, offering subsidies up to €250,000 per project, with a focus on sustainable business, renewable energy, Industry 4.0, and health sectors.
Supporting Cross-Border Innovation
The CrossRoads initiative is designed to foster collaboration between small and medium-sized enterprises (SMEs) in Flanders and South Netherlands. By providing financial support, it aims to encourage companies to work together across borders on innovative projects that address pressing societal challenges. The initiative has been well-received in the past, and this third funding call is expected to attract a wide range of applications.
Application Details and Criteria
Companies interested in applying for the funding can submit their proposals between August 26 and October 4. Each project must involve at least one Flemish SME and one SME from South Netherlands. The grant covers 50% of project costs, with a maximum subsidy of €250,000 per project. Projects will be evaluated based on predefined criteria, and the best proposals will receive funding. The total budget for this call will be announced at the end of June.
Focus Areas of the Call
The funding focuses on several key areas, including sustainable business practices, renewable energy, Industry 4.0, and health sectors. These sectors have been identified as crucial for societal development and sustainability. By targeting these areas, CrossRoads aims to drive innovation that can lead to significant societal benefits, such as reduced environmental impact, improved health outcomes, and enhanced industrial efficiency.
Infosession on June 21
To help potential applicants understand the process and criteria, CrossRoads will hold an online infosession on June 21 at 11:00 AM. During this session, representatives from VLAIO and InnovationQuarter will provide detailed information on eligibility and the application process. Additionally, Yves Boonen from Plinius Labs will share insights from their experience with the CrossRoads program, offering valuable tips for new applicants.
Encouraging Participation
CrossRoads is keen to support innovative ideas and help companies find partners across the border. Interested enterprises can indicate their desire for a one-on-one discussion or a partnership search during the registration process for the infosession. This personalized support aims to make the application process more accessible and increase the chances of successful collaborations.
Conclusion
The third funding call by CrossRoads represents a significant opportunity for companies in Flanders and South Netherlands to collaborate on innovative projects that address critical societal issues. With substantial financial backing and targeted support, the initiative is set to drive meaningful cross-border innovation that can have a lasting impact on sustainability, health, and industrial development.