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Apply for Innovation Fund
Get our assistance in one of the world's largest funding programmes for the deployment of net-zero and innovative technologies.
The Innovation Fund program, administered by the European Climate, Infrastructure, and Environment Executive Agency (CINEA), plays an important role in advancing the European Union's commitment to sustainable and green initiatives.
With a substantial budget, it supports pioneering 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. Meanwhile it stimulates economic growth and job creation.
In addition, the EU Emissions Trading System (EU ETS) - the world’s largest carbon pricing system – provides the revenues for the Innovation Fund and it is used as the main driver for the programme.
What industry sectors are targeted for decarbonisation?
- Aviation
- Heavy industry, including green/renewable substitute products
- Maritime
- Cleantech Manufacturing, including renewables and energy storage
Expected Deadline
9 April 2024 - Small-, Medium- & Large-Scale Projects
8 February 2024 - Pilot Auction for Renewable Hydrogen
Does your project target a first-of-its-kind commercialisation?
Do you need help to develop a stong and winning application? We can help you!
Contact Us
€75 Million in Grant from the Innovation Fund
The Biozin case is one of our biggest win! We had the pleasure of being the trusted advisor for Biozin in connection with their successful grant application to the EU Innovation Fund
Read the success story of BiozinGrant Details for Innovation Fund
For all projects sizes, applicants can get up to 60% of the total project capital expenditure.
Small-Scale Projects: Project size must go from EUR 2.5 million up to EUR 20 million (Capital Expenditure)
Medium-Scale Projects: The covered cost goes from EUR 20 million up to EUR 100 million (Capital Expenditure & Operation Expenses for 10 years)
Large-Scale Projects: The covered cost goes from EUR 100 million and above (Capital Expenditure & Operation Expenses for 10 years)
This programme supports the production of renewable fuel of non-biological origin (RFNBO) hydrogen within the European Economic Area.
- Maximum grant size is EUR 266.7 million
- Demands a minimum project size of 5MW
- Ceiling price of EUR 4.5 per kg Hydrogen
- Time to financial close and entry into operation is maximum 5 years.
Selection Criteria:
- Degree of innovation
- GHG emission avoidance and other climate impact reduction potential (only Innovation Fund)
- Project maturity
- Scalability
- Cost efficiency (only Innovation Fund)
Project Timeline
