FINANCING METHODS FOR INNOVATIVE START-UPS IN THE DOMAIN OF NONCONVENTIONAL ENERGIES

  • Simina Maris Ioan Slavici University Timisoara
  • Petre Nenu Politehnica University of Timisoara
  • Stefan Maris Politehnica University of Timișoara
  • Lavinia Cernescu West University of Timisoara
Keywords: green energy, wood pellets and briquettes, financing methods, start-up, innovation

Abstract

Among the investments with the most impact on the society, there are the firms working in the nonconventional energies domain. However exciting this domain is, starting up such a firm is not an easy task. The innovation can be supported out of public subscriptions or through specific financing programmes. This article refers to a start-up in the field of renewable energy (producing wood pellets and briquettes) and its appliance for a EU grant for innovative start-ups. There are discussed the methods of financing, the firm, the project (mainly its objectives and activities), a market analysis and the expected innovative output. Also, there are discussed the rules to be followed when writing a project for accessing innovation grants.

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Published
2016-09-30
How to Cite
Maris, S., Nenu, P., Maris, S., & Cernescu, L. (2016). FINANCING METHODS FOR INNOVATIVE START-UPS IN THE DOMAIN OF NONCONVENTIONAL ENERGIES. Nonconventional Technologies Review, 20(3). Retrieved from http://revtn.ro/index.php/revtn/article/view/151