The EU funds development of additive technologies

This year is full of challenges for business. Disruption of established business practices, rapid changes on both supply and demand, and a looming global economic crisis are forcing companies to change their current approach to planning and strategic decision-making on further developments. This often means being more flexible and innovative.

Investing in new technologies and expertise provides such flexibility. The acquisition or lease of industrial 3D printers represents a significant change, not only in production processes, but also in the thinking of key employees. In addition, the investment can initially incur higher operating costs and time to train designers, constructors and the additive technology operators. This can discourage more conservative management within smaller companies.

European subsidies are available to significantly help to bridge the initial costs of introducing industrial 3D printing into the development and production of new products and services. In addition, they also address the lack of funds for the purchase of machinery and equipment, limited resources for research and development and other investments that help reduce operating costs and thus increase the company's competitiveness. European subsidies for companies are sometimes perceived as interfering with established market principles, however in today's uncertain times, they encourage entrepreneurs to make changes for which there would otherwise be no time or appetite.

Contact us for more information on current EU support for entrepreneurs!