This week, the Czech Government approved the Czech Rise Up – Smart measures against COVID-19 program. The program aims to encourage the rapid introduction of new solutions that can help combat coronavirus, mitigate the effects of its spread and address the consequences of the crisis. Specifically, it will be possible to finance materials for the production of protective and medical devices, labour costs of employees involved in production, to provide rapid financing for technological solutions and brand-new innovative solutions, or to complete solutions that are currently being developed. The program will support projects of companies, including start-ups and possibly other institutions, by financing the costs needed to quickly implement solutions into practice. Business entities from all regions of the Czech Republic, including Prague, will be able to apply for support from the Program. The amount of the grant for each individual project can reach up to CZK 5 million.
On 14 April 2020, the Czech Ministry of Industry and Trade of the Czech Republic will announce the call “Technology COVID 19” from the Operational Program Enterprise and Innovation for Competitiveness (“OP EIC”). Small and medium-sized enterprises will be able to apply for support of up to CZK 20 million. Projects directly related to the fight against the further spread of coronavirus will be supported. The support will be intended for business activities focused on the production of medical devices, namely the support for the start of production and purchase of machines (acquisition of new technological equipment of additional equipment. The total amount intended to support eligible projects is set at a minimum of CZK 300 million. The maximum amount of support for each individual project will be 45% of the total project costs.
With regard to the above-mentioned programs, we will be able to offer you our assistance, both in the processing of grant applications and project administration services.
Currently, at both projects set up of relevant administration associated with granting support and subsequent control mechanisms is being finalized. We keep track of developments in the area and will bring you more information as they become available.