Support Programme

 

ENERG Programme

Sector:
All sectors
Type:
financial support
Year:
2016-2020
Target group:
All types of companies and organisations
Impacts:
Energy
Where is this support available:
Czech Republic

The aim of ENERG Programme is to help SMEs in Prague, Czech Republic to access funding for projects aimed at reducing the energy intensity of their activities, or using renewable energies to achieve final energy savings. It may include, for example, acquisition and reconstruction of both tangible and intangible assets leading to energy savings on final consumption. A continuous call for applications runs until the CZK 130 million (~€ 5.1 million) fund is depleted or the programme ends (31 December 2020). The programme is funded from the proceeds of the sale of emission allowances for 2014.

The support is provided in the form of a non-interest-bearing investment loan up to 70 % of the eligible expenditure (i.e. in the CZK 1-20 million range), with a maturity of ten years. At the same time, the beneficiary can receive a financial contribution for the purchase of an energy assessment up to CZK 100 000 (~€ 4 000). In the case of energy savings, according to the project plan, within three years of the completion of the project, the entrepreneur will also receive a bonus financial contribution of 7 % of the exhausted amount of the preferential loan.