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short description | The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. The Innovation Fund provides grants for projects aiming at commercial deployment of innovative low-carbon technologies, with the objective of bringing to the market industrial solutions to decarbonise Europe and support its transition to climate neutrality. |
program objectives | The Innovation Fund supports large and small-scale projects focusing on:
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Expected effects and impacts | Projects to be funded by the Innovation Fund are expected to contribute to the transition to a climate-neutral economy by 2050 and to the target to reduce emissions by at least 55% by 2030 as defined in the European Climate Law and the European Green Deal and to targets set out in the REPowerEU Plan on renewables, energy efficiency and renewable hydrogen. |
Expected results | The Innovation Fund focuses on highly innovative technologies and big flagship projects within Europe that can bring on significant emission reductions. It is about sharing the risk with project promoters to help with the demonstration of first-of-a-kind highly innovative projects. It aims to finance a varied project pipeline achieving an optimal balance of a wide range of innovative technologies in all eligible sectors and Member States, Norway and Iceland. At the same time, the projects need to be sufficiently mature in terms of planning, business model as well as financial and legal structure. The fund supports cross-cutting projects on innovative low-carbon solutions that lead to emission reductions in multiple sectors, for example, through industrial symbiosis. The Fund is also open to small-scale projects with total capital costs under €7.5 million. |
Förderfähigkeitskirterien
Regions / countries for funding | EU Member States, Overseas Countries and Territories (OCT) Iceland (Ísland), Liechtenstein, Norway (Norge) |
eligible entities Partners |
Education and training institution, Research Institution incl. University, Public Body (national, regional and local; incl. EGTCs), Non-Profit Organisation (NPO) / Non-Governmental Organisation (NGO), Small and medium-sized enterprise (SME), Private institution, incl. private company (private for profit), International organization, Other |
Mandatory partnership | No |
Project Partnership | Applications can be submitted by a consortium of legal entities acting jointly or by a single beneficiary. In the case of an application from a consortium of legal entities, the funding will be awarded to the consortium responsible for the implementation of the project. The legal entities involved in the consortium must sign a consortium agreement among themselves before signing the grant agreement, in which they define their internal rules and appoint a project coordinator. Natural persons are NOT eligible. EU institutions CANNOT be part of the consortium. For small projects, the Joint Research Center of the European Commission can be part of the consortium. For small projects: To be eligible, applicants (beneficiaries and affiliated bodies) must:
For large-scale projects: To be eligible, applicants (beneficiaries and affiliated entities) must be:
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Additional information
Topics | Agriculture & Forestry, Fishery, Food, Soil quality, Air Quality, Biodiversity & Environment, Climate & Climate Change, Water quality & management, Circular Economy, Natural Resources, Energy Efficiency, Renewable Energy |
Relevance for EU Macro-Region | EUSAIR - EU Strategy for the Adriatic and Ionian Region, EUSALP - EU Strategy for the Alpine Space, EUSBSR - EU Strategy for the Baltic Sea Region, EUSDR - EU Strategy for the Danube Region |
UN Sustainable Development Goals (UN-SDGs) | |
Program documents | Factsheet Innovation Fund (170kB) |
Contact | Innovation Fund NCP Website |
Open calls
23.11.2023 - 08.02.2024
Innovation Fund 2023 Net Zero Technologies – General decarbonisation – Large-Scale Projects
23.11.2023 - 09.04.2024
Innovation Fund 2023 Net Zero Technologies – General decarbonisation – Medium-Scale Projects
23.11.2023 - 09.04.2024
Innovation Fund 2023 Net Zero Technologies – General decarbonisation – Small-Scale Projects
23.11.2023 - 09.04.2024
Innovation Fund 2023 Net Zero Technologies – Manufacturing
23.11.2023 - 09.04.2024
Innovation Fund 2023 Net Zero Technologies – Pilots
23.11.2023 - 09.04.2024
Innovation Fund 2024 - Batteries - Manufacturing of electric vehicles battery cells
03.12.2024 - 24.04.2025
Innovation Fund 2024 Auction - Fixed Premium Auction for RFNBO hydrogen production
03.12.2024 - 20.02.2025
Innovation Fund 2024 Auction - Fixed Premium Auction for RFNBO hydrogen production for the maritime sector
03.12.2024 - 20.02.2025
Innovation Fund 2024 Net Zero Technologies – Clean-tech manufacturing
03.12.2024 - 24.04.2025
Innovation Fund 2024 Net Zero Technologies – General decarbonisation – Large-Scale Projects
03.12.2024 - 24.04.2025
Innovation Fund 2024 Net Zero Technologies – General decarbonisation – Medium-Scale Projects
03.12.2024 - 24.04.2025
Innovation Fund 2024 Net Zero Technologies – General decarbonisation – Small-Scale Projects
03.12.2024 - 24.04.2025
Innovation Fund 2024 Net Zero Technologies – Pilot projects
03.12.2024 - 24.04.2025
Innovation Fund Small Scale Projects
30.03.2023 - 19.09.2023