Common use of Business Development Clause in Contracts

Business Development. Innovation and SMEs Special-concerns: In order to leverage synergies with other available funding mechanisms and facilitate capacity building and transfer of knowledge, the Hellenic Fund for Entrepreneurship and Development (ETEAN SA) shall be actively involved in the programme development and implementation as a National Programme Partner, including as a member of the Cooperation Committee. With the aim of leveraging the programme grant and contributing to the co-financing at project level, ETEAN shall endeavour to make available up to 100% of the total contribution to the programme from the EEA FM, through already existing financial instruments, loans and/or guarantees to the funded projects. The programme shall address the following main focus areas: Green Industry Innovation, Blue Growth and ICT. The allocation to "Green Industry Innovation" shall be specified in the concept note. Bilateral ambitions: €150,000 shall be allocated to the programme from the fund for bilateral relations. This does not prevent the Joint Committee for Bilateral Funds from allocating additional funds to the programme.