- Access to finance
- Transition to a climate-neutral economy
- Advice
- Support of SMEs
Easy'green
Easy'green
Coverage/Eligibility
The programme supports Belgian VSEs and SMEs, based in Wallonia, that develop innovative projects that reduce carbon emissions (eco-innovation). In addition the company has to exist for more than 3 years, is not considered to be in financial difficulty.
All sectors are eligible, apart for some exceptions:
- Agriculture, fishing and aquaculture.
- Shipbuilding.
- Production and distribution of energy or water.
- Banking, finance, insurance and insurance auxiliaries, property development.
- Education and training, health, culture.
Main characteristics
Easy'green supports circular economy solutions and endorses the development of innovations having a direct impact on reducing carbon emissions. Besides, the programme aims to help enterprises reduce their energy consumption.
Within the framework of the Easy'green system, companies may benefit from:
- Evaluation of the eligibility of applying project, taking into account, in particular, its innovative nature and its impact on CO2 emissions;
- Evaluation of the commercial prospects of proposed projects;
- Evaluation of the financial situation of the applying company;
- Financial support to carry out a project;
- Consultancy for complementary financing solutions.
For the realisation of an eco-innovative project, the programme offers many different financing formulas in various forms and capital.
The maximum project amount should not exceed €1 million per project.
The project is managed by Novallia, a subsidiary of Sowalfin. Sowalfin is a public limited company founded by the Walloon Government in 2002 to facilitate access to finance for businesses. Funding is provided via the ERDF (European Regional Development Fund) programme in a collaboration between Wallonnia and the European government.
Funding
- Regional funds
- European funds
- European Funds (ERDF)
Involved actors
Regional/local government
Walloon government Egyéb
Sowalfin
Effectiveness
As of Septmeber 2020, approximately 170 projects are supported by Easy'Green and a funding granted of €33 million. It is estimated that these projects combined save approximately 11,000 tonnes of CO2 every year.
Strengths
No information available.
Weaknesses
Only for the Walloon region.
Eurofound welcomes feedback and updates on this regulation
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