Funding of measures for resource conservation and efficiency as well as projects with an innovative character for sustainable and future-proof resource use in companies (GreenInvest Ress)

The “GreenInvest Ress” funding program of the Thuringian Ministry for Environment, Energy, Nature Conservation and Forestry supports small and medium-sized enterprises in Thuringia in the introduction of resource-conserving and resource-efficient production processes as well as the implementation of innovative demonstration projects. With a total volume of €13.5 million until 2029, investments and consulting services are subsidized with grants ranging from 40% to 60% of the eligible costs. Funding amounts of up to €500,000 per project can be applied for. Applications are accepted continuously until December 31, 2029. The program aims to strengthen the competitiveness, sustainable growth, and responsible handling of raw materials in Thuringian companies in the long term. In view of global raw material shortages and increasing environmental requirements, demonstration projects that test new technologies and exploit the potential of digitalization are particularly supported. The combination of consulting services and investment funding creates synergies and facilitates the transition to future-proof production methods. Companies benefit from tailored concepts that combine efficiency improvements with cost savings.

Funding is provided, among other things, for consulting fees (up to €630 per working day), investment costs for resource-conserving technologies, demonstration projects, feasibility studies, as well as systems for loss and consumption data collection. Also financeable are rainwater and process water treatment plants, resource-conserving materials in building construction, as well as the repair and refurbishment of returned products. An initial consultation examines all technically and economically feasible savings potentials, followed by an implementation consultation that supports planning and awarding. Investment projects with prior consultation receive a higher funding rate to specifically build know-how within the company. A prerequisite is the company’s registered office or place of business in Thuringia; freelance professionals are excluded. The Thuringian Development Bank handles the application process and ensures competent support. The program is specifically aimed at SMEs and offers tailored support for sustainable economic activity in the region.