About EU Innovation Fund - Small Scale Projects
Possibilities under the Innovation Fund call for Small Scale Projects
The grant funds 60% of the capital costs for activities that support the construction and operation of low-carbon innovations including:
- Energy storage
- Solutions to significantly reduce emissions in energy-intensive industries
- Direct air capture
- Carbon capture and storage/utilization
- Substitute products
The grants will be disbursed in a flexible way based on project financing needs, taking into account the milestones achieved during the project lifetime.
Up to 40% of the grants can be given based on pre-defined milestones before the whole project is fully up and running.
Eligibility and award criteria for the Small Scale Projects call
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
- cost efficiency
Below are the upcoming deadlines for EU Innovation Fund. Expect 1-2 months for the proposal writing process.
The Innovation Fund call for Small Scale Projects helps you carry out demonstration activities of your low-carbon technology, process or product. Your innovation must be scalable and clearly contribute to a climate-neutral economy. Projects with a total capital expenditure between EUR 2,5M and EUR 7,5M are eligible. The grant covers 60% of project expenses.
Who can apply?
Legal persons, private entities and/or public entities are eligible to apply. The applicant(s) must demonstrate:
- Strong operational capacity i.e. know-how and qualifications to successfully implement the project, including submission of CVs of primary responsible people
- Strong financial capacity to maintain their activity throughout the grant period, including submission of profit and loss account and balance sheet for the last 2 financial years
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