Material audit funding is suitable for industrial companies that want to improve their competitiveness and take concrete sustainability measures. With the help of the funding, your company will be able to identify the waste generated in its operations and how to reduce it.
Funding is available for material audits of SMEs, mid cap companies and large corporations. Material-efficient operations improve competitiveness, reduce the carbon footprint, and are a concrete corporate responsibility measure. Material efficiency is circular economy.
We provide funding for Material Audits based on the Motiva model.
The funding of Business Finland covers 50% of the total costs of the Material Audit. Total costs consist of the material auditor's fees and expenses (VAT 0%) and a calculated supplement of 0–20% of the audited company's expenses. Business Finland may grant up to EUR 15,000 of funding for each audit. More than one Material Audit can be carried out to several subjects of audit within a company.
Material Audit funding is a form of de minimis aid.
Plan a project and define its goals. Ensure the sufficiency of self-financing.
Submit your application through online services. Submit the additional information requested.
Business Finland will assess your application and notify you of its decision. Read the decision and its terms and conditions, and approve the decision in online services.
Arrange project accounting. Notify Business Finland of any changes.
Report your project's implementation and costs. Attach the additional information requested with your report.