The Innovation Fund: The most significant EU funding program has been officially launched. This third call for large-scale projects has a budget of €3 billion, almost double the funds available last year. It has a particular focus on the priorities of the RePowerEU Plan.
This means that new specific calls to target H2 projects and a new scoring system are a novelty this year.
We reviewed the call documents with the help of our expert team, so we can give you an overview of what’s new and better assist you in your application process. In summary, the funds will be divided into four project types. There is a separate application platform for every project type, so assessing where your project can maximize the chances of obtaining the fund is essential. These application types are:
✔️ Innovative electrification in industry and hydrogen: 1B€.
✔️ Clean-tech manufacturing: 700 M€.
✔️ Mid-sized pilots: 300 M€.
✔️ General decarbonization: 1 B€.
All applications launch on 03/11 and close on 16/03.
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