Investments for innovation in waste recycling
About this good practice
As the global focus on sustainability intensifies, businesses are under growing pressure to adopt environmentally friendly practices that align with both regulatory requirements and societal expectations. In the Central and Western parts of Lithuania, where industrial activity plays a significant role in the local economy, companies face the challenge of balancing economic growth with environmental responsibility. One of the key ways to achieve this balance is through the development and implementation of green technologies aimed at efficient waste management and recycling. This not only supports environmental goals but also fosters innovation and long-term business sustainability.
Financial support measure „Green experiment“ is dedicated to industrial enterprises operating in Central and Western Lithuania and provides subsidies for the development of new innovative technologies to recycle their production waste and create more environmentally friendly and sustainable products. The funding is available for businesses to invest in research and experimental development (R&D) as well as patenting activities. Maximum support amount - 500K Eur. The main beneficiaries- SMEs operating in Central and West region of Lithuania.
Resources needed
The total budget allocated to this call amounts to € 8 million. Projects can receive funding covering up to 80% of eligible costs, ranging from €50,000 to €500,000.
Administrative resources are also necessary to manage the evaluation of applications, project monitoring, promotion of the initiative.
Evidence of success
45 applications were supported. The previous call of 2021 proved the success of such call: a successfully implemented project was focused on recycling phosphogypsum, helping reduce industrial waste and enhance local industry competitiveness. In 2021, 1.7 million tons of artificial mineral waste were generated, and this project addresses a key environmental challenge for Lithuania.
Products and technologies from the recent are still under development.
Potential for learning or transfer
The European Union faces significant challenges in reducing industrial waste while maintaining economic competitiveness, particularly in regions with fewer financial resources. Many regions struggle to implement sustainable practices due to a lack of infrastructure and investment, leading to disparities across the EU.
This funding measure, which covers up to 80% of project costs, can be replicated across EU regions, particularly in areas where SMEs face financial barriers to innovation. By implementing similar financial support mechanisms, other regions could encourage more widespread adoption of eco-friendly technologies and solutions.
Further information
Good practice owner
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