EU Innovation Fund

Provides 1.5 - 50M € in subsidies for demonstration within:

About EU Innovation Fund

The EU Innovation Fund is funded through the auctioning of emissions allowances under the EU Emissions Trading System (EU ETS). Therefore, the total budget for the Fund is dependent on the fluctuating carbon prices. Currently, the expected total budget for 2020-2030 is €25 billion.

Possibilities

The Innovation Fund manages two calls: Large Scale Projects with a total cost over €7.5 million and Small-Scale Projects with a total cost of less than €7.5M.
The grants cover up to 60% of the capital and operational costs and up to 40% of the grant can be payed based on pre-defined milestones before the project is operational.

In addition, the European Investment Bank will provide project development assistance (PDA).

Eligibility and award criteria

The EU Innovation Fund have established 5 themes that they want to support:

  • Innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones.
  • Carbon capture and utilization (CCU)
  • Construction and operation of carbon capture and storage (CCS)
  • Innovative renewable energy generation
  • Energy storage

Legal persons, private entities and/or public entities are eligible to apply. Projects will be selected based on:

  • Effectiveness of greenhouse gas emissions avoidance
  • Degree of innovation
  • Project maturity
  • Scalability
  • Cost efficiency

Upcoming deadlines

There are currently no calls under EU Innovation Fund.

Can your project get funding from EU Innovation Fund?

TechFunding can help you determine if funding from EU Innovation Fund is the right way to go. Contact us to discuss your possibilities.

Can your project get funding?

We are specialised in helping companies win public funding. Tell us a little bit about your project and we will help you identify the funding potential.

Tell us about your project

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We help you succeed

We help companies obtain public funding by converting good projects to well-prepared applications.

Our services cover the entire application process:

Identifying funding opportunities
We identifying your best funding opportunities
Planning and scoping your project
We plan and scope your project to meet demands
Writing the successful application
We write the application that increases your chance of success