First Innovation Fund Call for Small Scale Projects
The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies.
The first call for small-scale projects opened on 1 December 2020 and will fund innovative projects in clean energy and industry to support the deployment of key technologies needed to reach climate neutrality and contribute to Europe’s green recovery. With a budget of EUR 100 million, this call targets breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage.
Eligible projects should have a capital expenditure comprised between EUR 2.5 and 7.5 million and they should focus on innovative yet mature technologies that are ready to reach the market. The Innovation Fund will support up to 60% of the capital costs of small-scale projects.
The submission process has a single stage, where all the selection criteria are assessed.
Project proposals for small-scale projects can be submitted by 10 March 2021.
Proponents can apply via the EU Funding and Tenders portal.