Yesterday, the submission period for applications for the “Torres Quevedo 2024 Contract Aid Call” was opened. This Call aims to promote the implementation of industrial research projects, experimental development, or feasibility studies for which the hiring of individuals with a doctoral degree is necessary, in order to support the professional career of research personnel, as well as to stimulate demand in the private sector for adequately trained personnel to undertake R&D plans and projects, and to assist in the consolidation of newly established technology companies.

Key aspects of the call:

  • Total budget of €20.1M (expandable by up to an additional €6M) for the granting of subsidies
  • Annual funding limit per candidate: €56,000
  • Duration of the aid:  3 years from the date of resolution of the grant or the hiring of the doctor, if the latter occurs later
  • Application deadline: January 28, 2025, at 14:00 hours

At BIOVEGEN, we consider this call a great opportunity for the private sector in agri-biotechnology. Therefore, we have prepared this report, summarizing the most relevant information.