Innovation Fund Large scale projects
Innovation Fund
The IF is a key funding instrument for delivering the EU's economy-wide commitments under the Paris Agreement and supporting the European Commission's strategic vision of a climate neutral Europe by 2050, as recognised also in the European Green Deal Investment Plan.
- Use: R&D;
- Date closing: -
- Amount: 8M € - 100.0M €
- Industry focus: Manufacturing;
- Total budget: 1B €
- Entity type: Public Agency
- Vertical focus: energy-intensive industries, CCUS, renewable energy, energy storage, substitute products.
- Website: https://ec.europa.eu/inea/en/innovation-fund
- Status: Open
- Funding type: Grant;
- Funding rate: 60%
- Geographic focus: European Union; Iceland; Norway;
- Public/Private: Public
- Stage focus: Seed; Series A;
- Applicant target: University; RTO; SME; LE; Other;
Overview
The application for the call for large-scale projects process has two stages: Expression of interest, with a first assessment on the project greenhouse gas (GHG) decrease, innovation and maturity level. Projects that do not meet the threshold to be invited to the second stage may be invited to benefit from project development assistance from the EIB (this is designed to help projects progress in their maturity).Full application, where projects are assessed on all selection criteria.
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