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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 this Innovation Fund call 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. |
Regions / countries for funding | EU Member States, Overseas Countries and Territories (OCT) Iceland (Ísland), Norway (Norge) |
eligible entities Partners |
Education and training institution, Research Institution incl. University, Public Body (national, regional and local; incl. EGTCs), Private institution, incl. private company (private for profit), International organization, Other, Non-Profit Organisation (NPO) / Non-Governmental Organisation (NGO), Small and medium-sized enterprise (SME) |
Mandatory partnership | No |
Project Partnership | Applications may be submitted by a consortium of legal entities acting together or by a single beneficiary. In the case of an application by a consortium of legal entities, the funding is awarded to the consortium, which is responsible for delivering the project. The entities participating in the consortium will have to sign a consortium agreement among themselves – establishing their internal arrangements and designate a project coordinator – before signing the grant agreement. Natural persons are NOT eligible. EU bodies can NOT be part of the consortium. In small-scale projects, the European Commission Joint Research Centre can be part of the consortium. For small-scale projects: In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
For large-scale projects: In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
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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) | |
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 Small Scale Projects
30.03.2023 - 19.09.2023