25 August 2021
IF – Innovation Fund Small Scale Projects – 2021
Subsidies for cross-cutting projects on innovative low-carbon solutions leading to emission reductions in multiple sectors.
+33(0)1 42 54 60 64 |
contact@welcomeurope.com
+33(0)1 42 54 60 64 |
contact@welcomeurope.com
Subsidies for cross-cutting projects on innovative low-carbon solutions leading to emission reductions in multiple sectors.
EU State members, Norway and Iceland
Objectives
* To offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources;
* To complement the large-scale call by targeting smaller-scale projects, thereby offering another opportunity, in particular for small and medium-size companies to have their project supported.
Priorities
Priority 1: Projects to be funded by this Innovation Fund call are expected to contribute to the
transition to a climate-neutral economy and to achieve the policy objectives as set out in the European Commission’s communication – A Clean Planet for All – A European
Priority 2: Strategic long-term vision for a prosperous, modern, competitive and climate neutral
Priority 3: Projects are also expected to contribute to achieving the objectives of the Recovery Plan for Europe.
Among financed actions
– Activities that support innovation in low-carbon technologies and processes in sectors listed in Annex I to the ETS Directive, including environmentally-safe carbon capture and utilisation (CCU) that contributes substantially to mitigating climate change, as well as substitute products,
– Activities that help stimulate the construction and operation of projects that aim at the environmentally-safe capture and geological storage of CO2 (CCS),
– Activities that help stimulate the construction and operation of innovative renewable energy and energy storage technologies.
Additionnal information
* This call of proposals is an open call of proposals
* Initial duration of the action: 48 months
Eligibility
The applicants must be:
* a Legal persons;
* belong to one of the following categories: private entities, public entities, or international organisations;
* be directly responsible for the implementation and management of the project where relevant jointly with other applicants, i.e. not acting as an intermediary.
* Amount of the grant: Projects are expected to have a minimum total capital expenditure of EUR 2 500 000 for this call. In addition projects must have a total capital expenditure below EUR 7 500 000 to be eligible under this call.
* Cofinancing rate: 60% of total eligible costs
25 August 2021
