Innovation Fund (EU)
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Financing highly innovative technologies and flagship projects with European added value that can deliver significant emission reductions. The aim is to share the risk with project promoters to facilitate project demonstration.
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Eligible sectors: energy-intensive industries, renewable energy, energy storage, CCS, and CCU.
The Fund also supports cross-cutting projects for innovative low-carbon solutions that contribute to emission reductions across multiple sectors, for example, through industrial symbiosis. It is also open to small-scale projects with a total investment cost of less than €7.5 million, for which specific calls for proposals will be launched.
For more information: Innovation Fund - European Commission