Innovation Fund Small scale projects

Innovation Fund

The IF support small-scale projects demonstrating highly innovative technologies, processes or products, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions

  • Use: R&D;
  • Date closing: -
  • Amount: 3M € - 7.5M €
  • Industry focus: Manufacturing;
  • Total budget: 100M €
  • Entity type: Public Agency
  • Vertical focus: Low carbon Energy, biofuels, chemicals, cement, Hydrogen, Geothermal, Iron and steel, glass and ceramics, refineries, energy storage,
  • Website:
  • Status:
  • Funding type: Grant;
  • Funding rate: 60%
  • Geographic focus: Iceland; Norway;
  • Public/Private: Public
  • Stage focus: Seed; Series A;
  • Applicant target: University; RTO; SME; LE; Other;


EU grants in the field of demonstration of innovative low- carbon technologies under the Innovation Fund (IF). Projects must have a minimum total capital expenditure of EUR 2 500 000 for this call. In addition projects must have a total capital expenditure below EUR 7 500 000 to be eligible under this call. It is a single step process. The grants will be provided as lump sums. In addition, project development assistance (PDA) will be provided in the form of services to some projects by the European Investment Bank.

Last updated on 2021-11-16 14:49

Innovation Fund Small scale projects FAQ

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