Product development grant

Who can apply for the grant?

• The companies entered to the Estonian Commercial Registry can apply for the grant for the preparation of product development or applied research, for making the applied research needed for product development and product development.
• The research establishments can apply for the grant for the preparation of applied research and for making the applied research needed for product development.

What is the grant provided for?

• For the preparation of product development or applied research. In the course of preliminary research the feasibility of planned product development or applied research and market potential of results are evaluated.
• For carrying out the applied research needed for product development. In the course of applied research the applicability of theoretical concepts is controlled and new knowledge is obtained needed for the later product development.
• For carrying out the product development, including the designing and planning of new product, developing of prototype and testing.

How big is the grant?

The amount of grant for making the preliminary research is up to 19 175 EUR - up to 75% of the expenses for the preliminary research needed for the applied research and up to 50% of the expenses of the preliminary research of product development are compensated.

The amount of grant for making the applied research and product development is 32 000 up to 3 195 million EUR- up to 75% of the expenses of applied research and up to 50% of the product development expenses are financed.