Bay TP+: The Large Funding Pot for Development in Bavaria
Find out now how the Bavarian Technology Support Program plus (Bay TP+) supports your company in research, development & innovation. The three pillars of the program are individual company and open-topic development projects, technology projects and application projects. Applications can be submitted continuously until December 31, 2022.
The Bavarian State Government supports small and medium-sized enterprises in the development of new products, production processes and knowledge-based services.
What requirements must be met?
The planned project must:
be characterised by a high degree of innovation
be economically promising in the medium term.
be carried out in its essential parts in Bavaria.
be associated with a considerable technical and economic risk.
The three pillars of the program:
The three pillars of the programme are individual company and open-topicdevelopment projects, technology projects and application projects. Applications can be submitted continuously until 31.12.2022.
In the area of development projects, companies with less than 400 employees and a registered office/branch/operating facility in Bavaria are eligible to apply. The projects are open-topic and must be aimed at the development of new improved products, production processes and knowledge-based services (TRL 1-6). Applications can be submitted for a project volume of approx. €100,000 or more, with funding quotas of up to 45%. Eligible costs include personnel costs as well as project-related material costs and expenses for contract research.
Technology projects are of particular economic importance for Bavaria as a business location. For this reason, larger companies with headquarters/branch offices/operations in Bavaria are also eligible to apply. Funding is available for strategic and location-relevant projects with a project volume of € 1 million or more. Funding quotas and eligible costs are identical to those of development projects.
Application projects involve the use of new technologies in the company that have not yet become established in the respective industry. Only small and medium-sized enterprises (SMEs) as defined in Annex I of the AGVO are eligible to apply. The funding is provided in the form of an LfA loan within the framework of project funding. Eligible expenses are personnel costs, expenses for contract research and other operating expenses (materials, supplies, etc.).
With more than 20 years of expertise in the field of funding advice, we support you with our technical and business know-how throughout the entire application process, project implementation and accounting. As a reliable partner at your side, we look at the entire innovation strategy and can set up the best funding structure for your company.
Our goal is to keep your effort in applying for and processing the funding as low as possible, so that you can fully concentrate on the implementation of your R&D project (research and development).
As already mentioned in the article above, applications can be submitted to Bay TP+ until 31.12.2022. So contact usnow to have your project subjected to a non-binding funding check in good time. For more information on our funding consulting services, click here.
Autor: David Kroneder
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