InvestEU: Iceland and Norway join programme for green, digital and SME financing in Europe

The Commission has signed contribution agreements with Iceland and Norway under InvestEU, making them the first non-EU countries participating in the programme. This is an opportunity to continue and strengthen cooperation between the European Union (EU) and European Economic Area (EEA) by attracting private and public investment to advance common priorities like the green and digital transitions, research and innovation, and the competitiveness of the European economy. Icelandic and Norwegian project promoters will now be able to apply directly with implementing partners of the InvestEU Fund to receive financing, backed by the programme.

Together, the two contribution agreements are worth up to €490 million. This amount increases the EU budget compartment of the InvestEU programme. They cover financial products and projects under three InvestEU policy windows:

  • sustainable infrastructure;
  • research, innovation and digitalisation; and
  • small and medium-sized businesses (SMEs).

Iceland and Norway will participate in the InvestEU programme through implementing partners, which include the European Investment Bank (EIB), the European Investment Fund (EIF) and the Nordic Investment Bank (NIB).

RAPID, IP/23/2952, 31.5.2023
Tagged as:

You may also be interested

NGI0 Entrust & NGI0 Core

Horizon Europe. Open for submission. NGI0 Entrust & NGI0 Core. Next Generation Internet initiative HORIZON-CL4-2021-HUMAN-01-04 & HORIZON-CL4-2022-HUMAN-01-03. Cascade funding.
W3 Funding & Tender Opportunities, 02.10.2023

Twin Green and Digital Transition 2024

Horizon Europe. Research and Innovation Actions. Twin Green and Digital Transition 2024. Calls for proposals: Bio-intelligent manufacturing industries (Made in Europe Partnership) (RIA). HORIZON-CL4-2024-TWIN-TRANSITION-01-01 Manufacturing as a Service: Technologies for customised, flexible, and decentralised production on demand (Made in Europe Partnership) (RIA). HORIZON-CL4-2024-TWIN-TRANSITION-01-03 Technologies/solutions to support circularity for manufacturing (Made in Europe Partnership) (RIA). HORIZON-CL4-2024-TWIN-TRANSITION-01-05 […]
W3 Funding & Tender Opportunities, 19.09.2023