The call will fund eight projects that respond to eight different challenges in the Offshore Renewable Energy (ORE) sector. The cascade funding for these challenges is of 60.000€ per project.
The challenges have been defined together with large companies (ORE stakeholders) called Challenge Owners. They commit to collaborate with the SMEs selected to answer to their challenge. They will be involved in the selection process and participate to at least three meetings with the selected SMEs. On top of that, they will have the possibility to contribute further (in-kind contributions such as access to testing facilities, access to skills, or other type of support). A Non-Disclosure Agreement (NDA) will be signed to ensure property rights.