The third edition of the report has already been published “NextGenerationEU Guide, for the industry to better understand and take advantage of its opportunities”. As usual, it has been published by the EAIC (European Association of Innovation Consultants), of which FI Group is a part.
The report, which once again included the participation of the FI Group, explains how each of the 24 European countries distributes the almost 326 billion European aid granted in their National Recovery and Resilience Plans.
The latest update of the report highlights the maximum financial contribution that corresponds to each Member State, calculated taking into account the growth in real GDP in 2020 and the accumulated growth in real GDP in the period 2020-2021.
Most Member States saw their maximum financial contribution in the aid component of their Recovery plans decrease, due to changes in the calculations made in June 2022, based on real GDP growth data. The only countries that saw their funds increased were Czech Republic, Germany, Spain, Italy, Austria Y Portugal.
Main updates and news reported by Member States
- The implementation of the Recovery and Resilience Plans is in full swing: calls have been launched to receive proposals, projects are being evaluated and aid agreements are being signed.
- Member States have started work on the review of plans, following the decision made on June 30, 2022 on the final distribution of funds; some of the new plans are still being evaluated (for example: more funds in Lithuania to boost energy independence, renewable energy and cybersecurity).
- The report also highlights the main calls for proposals launched in each of the 24 Member States (for digitization, innovation, circular economy, etc.), both those active right now and those planned soon.
- Some of the Member States (Finland for example) have already distributed all the funds allocated to them in their Recovery and Resilience Plans.
Alejandro Álvarez, Grants Director at FI Group, as well as a member of the EAIC Board and coordinator of this report, highlights that it is a unique initiative at a European level. “We have been following the development of the Recovery and Resilience Plans since the start of the negotiations and have managed to offer comprehensive information on the opportunities that are emerging across Europe. Building on the success of this pioneering initiative, we are looking to broaden the focus of the report to provide an even more valuable overview of the opportunities for all key players in the industry.” explains Alvarez.
