What is it?
With the InnovationProject you can apply for a financial allowance to support the development of your innovation. The Innovation Project is a financing instrument of LimburgTourism. A great incentive for the development of your idea!
For whom.
Startups, Scale-ups and SME companies, within the tourism & recreation sector and based in Limburg. With an innovative idea that contributes to the social issues (transitions) energy, circularity, health and digitalization. Or companies (sector-wide) with a product or concept for the benefit of the tourism & recreation sector.
Regulation
The scheme covers:
individual variant; 35% support, maximum €10,000
collective variant; at least 2 SMEs, 35% support, maximum €25,000.
Click here for the full regulation.
Submission dates 2024
- Feb. 22
- May 29
- September 12
- November 14.
We are happy to engage with you
- Free consultation with Tamara or Nicole
- Explanation of the possibilities and answers to all your questions
- Help with submitting your application
How to proceed.
- Request the application form. You will be sent this by mail;
- You will be assigned a business developer to guide you through this process and answer any questions you may have. He/she will think and read with you and provide feedback on your application to get your story as sharp as possible on paper;
- Complete and submit the application form. Instructions are in the form.
- After submission, you will receive notification from us whether your application is complete and correctly completed (admissibility);
- The assessment generally takes place two weeks after the submission date. After the assessment, we will inform you of the outcome (decision) as soon as possible.
- In case of a positive decision, you will receive an advance of 50% of the project costs financed by us and you can start working. At the end of the project duration, you can claim the other half of the covered costs;
- In case of a negative decision, in some cases there is an opportunity to resubmit the application and convince the Advisory Committee of your idea with new insights and arguments.
LIOF offers entrepreneurs financial support for innovation and development. As a financial institution, LIOF is obliged to follow KYC (Know Your Customer) legislation. Read all the information here.
Which entrepreneurs
went before you?
We have already helped a number of entrepreneurs successfully from the Innovation Project. Curious about their experience? You can see it right here!
