Innovation Fund for Small-scale projects: apply to boost your cleantech idea
The European Union is aware that we need to act urgently to mitigate the consequences of climate change. Our innovative projects also have an active role to play in this.
Some funding options supporting initiatives that clearly focus on sustainability and environmental awareness include the Innovation Fund for Small-Scale programme.
What is it, and why could it be interesting for your company? Read more about it.
Are you eligible to apply to the Start-up innovation projects?
CAPEX-intensive projects are the ones eligible for this call with a common goal to achieve: reducing GHG emissions. Your project must be at least at TRL 6 or CRL 2-3.
Consortiums or single applicants from any country of the world are welcome to apply. Still, the location of the pilot project must be established in an EU member state, Iceland or Norway.
If my project gets funded, how much could I obtain?
Your project can be supported up to €7.5M and up to 60% support of the programme to cover your costs.
What aspects of my project will be evaluated?
Your GHG emissions avoidance, degree of innovation, financial and technical maturity, scalability and cost efficiency will be evaluated.
Is there any topic, in particular, my project must address?
Yes, your project must focus on technologies in renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage.
What’s the deadline for the Innovation Fund for small-scale projects?
The IF23 Auction and Call are scheduled to open on November 23, 2023. The Auction is anticipated to close around February 8, 2024, while the Call is expected to close on April 9, 2024 (estimated).