The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. The goal is to help businesses invest in clean energy and industry to boost economic growth, create local and future-proof jobs, and reinforce European technological leadership on a global scale.
This is done through calls for large (>EUR 7.5m) and small-scale projects focusing on:
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innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones
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carbon capture and utilisation (CCU)
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construction and operation of carbon capture and storage (CCS)
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innovative renewable energy generation
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energy storage
Project proponents can apply via the EU Funding and Tenders portal by submitting their proposals when there is an open call for projects