"NextGenerationEU Guide" has already been published as part of the EAIC (European Association of Innovation Consultants), an organization whose membership includes FI Group.
Each of the 24 European countries distributes the roughly 326 billion euro aid they receive as part of their national recovery and resilience strategies, according to the report, which once again included the FI Group's participation.
The most recent version of the report highlights the maximum financial contribution that each Member State receives, taking into account the growth in real GDP in 2020 and the accumulated GDP growth in the period 2020-2021.
Due to changes in the assumptions made in June 2022, the majority of Member States saw their maximum financial contribution to their Recovery programs decrease. Only countries where their funds increased were the Czech Republic, Germany, Spain, Italy, Austria, and Portugal.
- The implementation of the Recovery and Resilience Plans is in full swing: calls have been launched to receive proposals, projects are being evaluated and aid agreements are being signed.
- Member States have started work on the review of plans, following the decision made on June 30, 2022 on the final distribution of funds; some of the new plans are still being evaluated (for example: more funds in Lithuania to boost energy independence, renewable energy and cybersecurity).
- The report also highlights the main calls for proposals launched in each of the 24 Member States (for digitization, innovation, circular economy, etc.), both those active right now and those planned soon.
- Some of the Member States (Finland for example) have already distributed all the funds allocated to them in their Recovery and Resilience Plans.
Alejandro lvarez, a member of the EAIC Board and the coordinator of this report, believes it is a unique initiative at a European level. "We are looking to broaden the scope of the report to provide an even more comprehensive picture of the opportunities for all key stakeholders in the industry," says Alvarez.