The European Commission recognised the potential of the consortium of Slovene partners and awarded it with a grant of almost 15 million Euros to establish the Renewable Materials and Healthy Environments Research and Innovation Centre of Excellence - InnoRenew CoE. The Government of the Republic of Slovenia added 30 million Euros of investment funding to boost development of the new research centre.
ZAG is one of the four founders of the Institute InnoRenew CoE. The project was developed by 9 partners and University of Primorska is the project coordinator, while the Fraunhofer Institute for Wood Research – Wilhelm-Klauditz-Institut – an advanced institution for research, development, and industry innovation from Germany, acted as a mentor institution. Other partners involved in the project are the University of Maribor, the Institute for the Protection of Cultural Heritage of Slovenia, the Slovenian National Building and Civil Engineering Institute, the Pulp and Paper Institute, Eurocloud Slovenia, the National Institute of Public Health, and the Regional Development Agency of the Ljubljana Urban Region.