| Programme | Business Development |
| Selection | Open project |
| Competition title | An open call for the small grant scheme “Development of Welfare Technologies” |
| Donorstate/international project partner | JSZ TECHNOLOGY INVESTMENT AS |
| Project national Nr. | NAGS2-IES-2021/8 |
| GrACE project Nr. | LV-INNOVATION-0040 |
| Contract No. | NP-2022/14 |
| Contract Date | 11.03.2022 |
| Project title | Small grant scheme Development of a new generation of permamento magnet and ferroresonance based power generator for ExtraTech Ltd. |
| Project promoter | SIA "ExtraTech" |
| Start of project eligibility | 01.04.2022 |
| Project end | 31.03.2024 |
| Total eligible costs | 194 900.00€ |
| Grant financing | 110 498.55€ |
| National co-financing | 19 499.75€ |
| Project promoter co-financing | 76 803.20€ |
| Project status | In implementation |
| Project goal/description | The aim of the research project is to develop a globally novel product - an electricity generator based on permanent magnets and ferroresonance. |
| Implementation place | Vidzeme |
Subscribe to news
Receive notifications of the latest contests, news and news events in programs that are important to you!
Report Irregularities
Iceland, Liechtenstein and Norway have a zero-tolerance policy on corruption and mismanagement in the EEA and Norway Grants. We strongly encourage you to share your concerns and report suspected irregularities.