Companies in the mining and manufacturing industry are once again able to apply for aid from the Environmental Investment Centre (EIC) to improve their efficiency when it comes to the use of resources in production. The budget for this round is EUR 7,120,200, to which funds released from ending projects will be added.
‘With resource-efficient investments, companies are able to achieve a level of production with higher efficiency, i.e., lower expenses, which has become especially important in the current conditions’, said Minister of the Environment Rene Kokk. ‘In addition to environmental benefits, this also has a positive effect on a company’s financial results, and the support of the investment primarily provides relief to small enterprises’.
The round of applications supports the development and implementation of resource saving solutions, the purchasing of equipment or the replacement thereof with innovative and more resource-saving equipment, the purchasing of equipment to utilise one’s own production residue, information and communication technology solutions in the manufacturing process, and the implementation and registration of environmental management and auditing systems.
‘One company that has already improved the efficiency of their resource use is Tallinn Dolls, which is developing a 3D-prototyping and manufacturing software solution for clothes. This makes it possible to eliminate the production of approximately 600 samples per year. Paekivitoodete Tehase OÜ also purchased a sorting device, an excavator and a wheel loader’, said Antti Tooming, Head of the Department of Grants and Services at EIC, while introducing companies that had previously already received a grant. ‘The wood industry company Natural adopted a modern planing line and a new storage system, and A. Le Coq is constructing a sewage system to reduce the production of wastewater and to produce biogas’, he added.
The grant amount is up to EUR 200,000, and the maximum proportion of eligible costs per project is up to 50%.
A prerequisite for applying for resource-efficient investments is an analysis of resource use, which has been performed by trained auditors trained, to assess the current situation and also how to make production more resource-efficient. The specific need for investment will be made clear after considering the results of the analysis.
Applications can be entered into the E-support environment as of Monday, 1 June, and they can be submitted as of 15 June at 12.00. This round has no final deadline, and aid is granted until the budget for the round is exhausted, on a first come, first served basis. Additional information can be obtained from the EIC website or from project coordinator Aire-Arike Trutin (aire.arike [at] kik.ee, 6 274 186).
The Ministry of the Environment developed the resource efficiency grant to improve contemporary and environmentally friendly entrepreneurship. The grant is financed with funds from the European Union Regional Development Fund.
The round of resource-efficient investments in numbers
- A total of EUR 68 million is allocated to the grants of the resource efficiency measure.
- Resource efficiency projects have already been approved in the extent of EUR 60 million (113 projects).
- At least EUR 7 million will be distributed between companies in this round – support per project is up to EUR 200,000.