NEWS

  • The new Innovation Fund call for large-scale projects (with total capital costs of more than €7.5 Million) just opened on 26 October 2021 and will stay open until 6 March 2022.

  • The results for the first call for small-scale projects are announced on 27 July 2021 in the press release published by the European Commission. The first awarded projects signed the grant agreement during the side-event of the COP26 conference on 4 November 2021.


    Project Development Assistance (PDA)

 
  • Small Scale call: The results will be announced in the fourth quarter of 2021. From a shortlist of approximately 60 projects, 15 will be selected for the PDA by the European Investment Bank (EIB).

  • Large Scale call: The results were announced on 27 July 2021 in the press release published by the European Commission. 

THE INNOVATION FUND

The Innovation Fund focuses on:

  • highly innovative technologies;

  • big flagship projects;

  • innovative low-carbon solutions;

  • and small-scale projects that can bring on significant emission reductions.

HOW MUCH FUNDING CAN YOU GET FOR YOUR PROJECT?



The Innovation Fund has around a total of €10 Billion in funding opportunities.


The first call for large-scale projects (projects above €7.5 Million) closed on 29 October 2020. The Commission is ready to invest €1 Billion in the first call.

 

The Innovation Fund for large-scale projects will support up to 60% of the costs linked to innovation. These costs also include the OPEX costs for a period of up to 10 years as well as CAPEX.


The subsidies may be complemented by any other funding (e.g. national), but more than 100% of overall funding is not allowed.

40% of all EU investment is accepted to be lost like venture capital.

The Innovation Fund will grant up to 60% of the total CAPEX in its call for small-scale projects. The total budget of the first call for small-scale projects is €100 Million. The call for small-scale projects ended on 10 March 2021.

WHICH TECHNOLOGIES DOES THE INNOVATION FUND SUPPORT?

The Innovation Fund supports projects in the sectors covered under the EU Emissions Trading System. 

 

The technologies (or combinations of technologies) that are to be demonstrated in the project need to be highly innovative. The aim is also to balance the spending of the Innovation Fund over the above-listed categories.

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WE CAN HELP YOU GET FUNDED!

 

We provide our clients with a complete range of services, from proposal writing,  administrative support, consortium building to full project management

Our services include:

  • Eligibility assessment of the project

  • Administrative management

  • Consortium building and management

  • Proposal writing and management

  • Budget review

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To get more information about CLERENS, visit our website.

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