News

Innovation Fund: second call for large-scale project proposals is now open

As of today, it is possible to submit large-scale projects under the Innovation Fund programme.

This programme, which has a budget of approximately €20 billion for the 2020-2030 period, funded by ETS allowances, aims to foster the transition to climate neutrality by supporting projects focused on reducing carbon dioxide emissions.

The budget allocated for this call is €1.5 billion. Projects that are not considered sufficiently mature to receive a grant, but are judged to be sufficiently innovative and promising, will receive technical assistance from the European Investment Bank.

The submission process for projects has been simplified, moving from a two-stage to a single-stage application. The deadline is 3 March 2022.

The European Commission has organised an Info Day to present the call on 10 November, for which registration is required here.

For further information on this news, click here.

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