The FEDER grant is designed to assist businesses in La Réunion that are implementing projects focused on the circular economy. This funding supports initiatives aimed at reducing raw material extraction, reusing materials, and recycling waste. Eligible projects must have a minimum investment of €20,000 and can be submitted until 31 December 2027.
Objectives
The FEDER grant funds local actions that promote the circular economy by supporting projects that reduce waste, extend product lifespans, and enhance material recycling. This includes investments in recycling centers, repair workshops, and facilities for composting organic waste. The scheme prioritizes initiatives that foster job creation and collaboration among small and medium-sized enterprises (SMEs).
Beneficiaries
This grant is available to:
- Businesses, including SMEs, artisans, and social economy enterprises
- Public bodies, provided their projects fall within the economic sector
Excluded sectors are not specified, but projects must align with the circular economy objectives.
Eligible operations
Eligible investments include:
- Establishment of recycling centers and repair workshops
- Creation of professional waste disposal facilities
- Development of material recycling units, especially for construction and demolition waste
- Initiatives in the bio-waste sector, such as composting facilities
Priority will be given to projects that integrate job creation and collaborative approaches, particularly in the Highlands or East zone.
Eligibility conditions
Key eligibility conditions include:
- Minimum investment of €20,000 excluding VAT
- Projects must align with the circular economy objectives
- Preference for initiatives that demonstrate collaboration and job creation
Grant amount
The grant amount is determined based on the specific project and its investment needs. There is no fixed maximum or minimum amount stated, but projects must meet the minimum investment threshold of €20,000. The scheme is available until December 31, 2027.
Frequently asked questions
Can I combine the FEDER grant with other funding?
Stacking rules depend on each scheme’s regulations. Check with Union Européenne-FEDER for specific guidance.
How long does it take to receive funding after applying?
The time to receive funding after applying for the FEDER grant can vary widely, generally taking several weeks to a few months. Factors such as the complexity of your application and the volume of submissions can impact processing times. For a more precise estimate specific to your case, please contact Union Européenne-FEDER directly.
Is my small business eligible for the FEDER grant?
Yes, as long as your project meets the minimum investment requirement and aligns with circular economy objectives.
What happens if my application is rejected?
You can request feedback on your application and reapply in the next funding round, ensuring to address any identified issues.
Is the FEDER grant still available in 2026?
Yes, the scheme is active until December 31, 2027. Ensure you apply before the deadline.