HEURA FOODS (IEU G)

The project will finance the research, development and innovation (RDI) programme of Heura Foods, a start-up that produces innovative plant-based food products. It includes RDI capital expenditures investments to boost Heura's development capabilities, as well as RDI activities to develop new plant based food products, in several categories.

The project aligns with the Invest EU Main Priority Areas (MPPA) under the Research, Innovation, and Digitisation Window (RIDW) by contributing to the development of innovative and sustainable plant-based food product, thereby supporting the bio-economy area.

The project primarily concerns investments in RDI and capital expenditures that are not specifically mentioned under the Environmental Impact Assessment (EIA) Directive 2011/92/EU (as amended by 2014/52/EU) and that are expected to be carried out in existing facilities without changing the already-authorised scope; it would therefore not require an EIA under the Directive 2011/92/EU as amended. The environmental details of the project will be reviewed by the EIB during the project appraisal.

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation Directive 2014/24/EU, then the EIB requires the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directives 2014/24/EU as well as Directive 89/665/EEC, as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union, as and where required.