Central Innovation Programme for SMEs (ZIM): Who Qualifies and What You Get
Small and medium-sized businesses can access grants to cover a portion of their research and development costs through this innovation scheme.
The Central Innovation Programme for SMEs (ZIM) provides financial support to businesses working on new technologies and products.
Who it's for
This programme is designed for small and medium-sized enterprises (SMEs) that have fewer than 500 employees and are developing new products.
What you get
You can receive grants that cover up to 45% of the costs associated with your research and development (R&D) projects.
What it costs you
While the funding is a grant, you must invest significant time and resources into providing extensive technical documentation and detailed project reporting to stay compliant.
The catch to know
To be successful, your project cannot be a standard product improvement; it must be highly innovative and involve significant technical risk.
How to apply
- Review your project to ensure it meets the high innovation requirements.
- Prepare all necessary technical documentation for your proposal.
- Submit your application through the official online portal.
- Visit the official portal for more details: https://www.zim.de