State aid can be granted for shipbuilding innovations in order to secure favourable preconditions for innovation in the sector. From 2018, applications for aid must be made to Business Finland.
The aid is intended for the development of shipping project innovations. The aim is to achieve innovative and advanced vessel or offshore solutions, while facilitating market entry for new innovations as part of shipping projects..
The incentivising effect referred to in point 4 may be considered to be fulfilled in series-produced vessels for the first vessel in the series. However, if new innovative solutions are tested and built on later vessels in the series that have not yet been incorporated into the first vessel in the series, the sister vessel can be treated as a new project in this respect.
The aid may not exceed 25% of the eligible costs defined in the regulation. Maximum aid of EUR 15 million can be awarded for a single project.
Before applying, please contact Esa Lindqvist, Group Manager, tel. +358 400 522 141, esa.lindqvist (at) businessfinland.fi