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FireMed

Innovative financial instruments to support energy sector SMEs in Med area

Budget
1,892,853.52 €
Call
5th call - 2012
Type
Capitalisation
Priority axis
1
Objective
1.2
Duration
-

Project aims and approach

Project summary

Energy sector SMEs in MED area are considered a strategical development asset for the Area because of their strong link with natural resources available(from sun to wind through water) and the increasing demand of energy coming from the industrial sectors and human communities. The link between energy sectors SMEs and sustainable development is clear to all Actors working for the economic development of MED countries and the alignment of National Energy Plans to the EU 2020 Energy...

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State of the art of project implementation since the project start

FIREMED has set up services able to assist SMEs belonging to energy sector with their access to credit and start innovation processes both to provide the market of new instruments and products and to assist SMEs to acquire the necessary instrument to meet eco-innovation and sustainable policies in MED Area. The services has been addressed SMEs to improve their capacity to attract investment with well-developed Business Plan, identification of EU funding opportunities, B2B events with investors. On...
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Latest project activities and outputs

During the reporting period n.5 the following main outputs has been achieved: - organization of the 3rd Transnatioanl event (Venice, 21th of May 2015) - organization of local events and dissemination of information on the project through planned communication tools - elaboration of Best Practice Brochure - elaboration of 3 newsletters - elaboration of the feasibility studies on innovative financial instruments - test of 5 services in all the areas involved by the project with SMEs, financial...
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Next key steps for the project

Project partners will continue supporting the development and spreading of the importance on the FireMED project outputs among Local Regional Authorities and energy SMEs of the MED area in order to foster the exploitation opportunities of financing tools in two ways: - promoting innovative mechanism/financial instruments able to involve and attract private and public capital - implementation of innovative services and tools for the deployment of energy-related investments.
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Budget

ERDF contribution
1,442,822.99 €
National co-funding
450,030.53 €
Total project budget
1,892,853.52 €
IPA contribution
13,152.00 €

Project partnership

Lead Partner

Italy
Veneto Region - Section Research and Innovation / Veneto (Italy)

Project partnership

Italy
Chamber of Commerce Industry Craft and Agriculture of Venice / Veneto (Italy)
Italy
Finlombarda SpA / Lombardy (Italy)
France
Chamber of Commerce & Industry of Marseille Provence / Provence-Alpes-Côte d'Azur (France)
France
ARDI - Rhône-Alpes / Rhône-Alpes (France)
Spain
Agency for Innovation and Development of Andalucía / Andalousia (Spain)
Spain
Andalusian Council of Chambers of Commerce / Andalousia (Spain)
Greece
Region of Peloponnese / Peloponnisos (Peloponnese) (Greece)
Greece
Cyclades Chamber / Notio Aigaio (South Aegean) (Greece)
Cyprus
Cyprus chamber of commerce and industry / Chypre: the entire country (Cyprus)
Slovenia
Jožef Stefan institute / Slovenia: the entire country (Slovenia)
Croatia
Region of Istria / Croatia: the entire country (Croatia)
Spain
ASCAME - Association of Mediterranean Chambers of Commerce and Industry / Catalonia (Spain)
Spain
Council of Chambers of Commerce, Industry and Navigation of the Valencia Region / Valencia (Spain)
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