AL-INVEST Verde

Component 1: Innovative partnership projects for the green transition of SMEs

The global objective of Component 1 is to promote sustainable growth and jobs creation by supporting the transition towards a low-carbon, resource-efficient and a more circular economy in Latin America. The specific objective of Component 1 is that SMEs in Latin America adopt less polluting and more resource efficient products, processes and services while more sustainable consumption patterns are adopted by countries.

Component 1:
Innovative partnership projects for the green transition of SMEs

The main approach is to fund partnership projects between chambers, business support organizations and think tanks in the EU and Latin America. Direct activities of the implementing consortium complement the partnership projects. The measures are intended to promote the transfer and use of resource-efficient and climate-friendly production technology also through innovation and digitalisation at SME level.

Key data

Duration

48 months,
from December 2021 to
November 2025

Financial Support

for third parties and calls for
proposals mechanism to finance
Euro-Latin American
partnership projects

Funding

EUR 31.25 million,
of which around 25 million
for calls for proposals

Amount

financial contribution per project:
from EUR 250.000 up to EUR 300.000

1st Call

Call for proposals
to be launched on
28 March 2022

2nd Call

foreseen at the
beginning of 2023

EU Financial Contribution

up to 80% of the
grant projects eligible costs

Community

all consortium partners and the partnership projects will become a powerful network

Component 1: Our projects

We will support projects in the following countries:

Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.

We will soon be presenting projects and focal points here on this page.