Innovation Fund

Are you developing breakthrough low-carbon technologies? The EU Innovation Fund is one of the world’s largest funding programmes for innovative low-carbon technologies. It supports highly innovative projects that can bring significant emission reductions and contribute to the EU’s climate goals.

What is the Innovation Fund?

The Innovation Fund is a key EU funding programme focused on accelerating the green transition. Financed by revenues from the EU Emissions Trading System (EU ETS), the fund supports upscaling of clean energy, industrial decarbonisation, carbon capture, hydrogen, and other climate-neutral technologies.

Who can apply?

The Innovation Fund is open to companies and consortia across the EU, including:

• Large-scale and small-scale industrial projects
• Clean tech startups and scaleups
• Research & development collaborations
• Renewable energy initiatives

Whether you’re in the early design phase or ready for deployment, your innovation could be eligible for substantial non-dilutive funding.

What costs are supported by Innovation Fund?

The Innovation Fund grant can cover up to 60% of a project’s relevant costs, including:

• Feasibility studies and pilot projects
• Capital expenditure (CAPEX)
• Operating Expenditures (OPEX) directly related to innovation
• Project scaling and market introduction

The Innovation Fund supports both large-scale projects (over €7.5 million) and small-scale projects (under €7.5 million), each with tailored application procedures.

Why apply for the Innovation Fund?

• Access to hundreds of millions in EU funding
• Boost your credibility with investors and partners
• Contribute to Europe’s transition to climate neutrality
• Gain international exposure and long-term support

How to apply?

The application process is competitive and highly technical. Successful proposals must demonstrate:

• Strong greenhouse gas emission reduction potential
• High degree of innovation
• Financial and technical maturity
• Scalability and replicability