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INNOVATION FUND – Innovation Fund 2024 Net Zero Technologies – 2025

Innovation Fund – The Innovation Fund aims at bringing to the market solutions to decarbonise European industry and support its transition to climate neutrality

2025-04-24
2.4 billion euro
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Appeal framework

Call reference InnovFund-2024-NZT
Program Innovation Fund
Institution European Commission
Sectors Buildings & Public Works Business & Industry Cooperation & Development Energy Environment & Climate EU Membership Research & Innovation Services to organisations Technology & Digital
Beneficiaries All beneficiaries

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Call reference

InnovFund-2024-NZT



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Priorities and funded actions

Objectives

  • To support and advance innovative low-carbon technologies and processes to significantly mitigate climate change in sectors
  • To support highly innovative, disruptive or breakthrough technologies that enable deep decarbonisation needed for achieving climate neutrality

Among financed actions

  • Innovation in Low-Carbon Technologies and Processes
  • Carbon Capture and Storage (CCS)
  • Innovative Renewable Energy and Energy Storage Technologies
  • Renewable energy
  • Electrolysers and fuel cells
  • Energy storage solutions
  • Heat pumps
  • Construction and operation of pilot projects

Eligibility

  • Be a legal person
  • Be a public or private entity
  • Be established in one of the eligible countries: any country in the world

Additional information

  • Initial duration of the action:  between 3 and 15 years
  • Contact: Click here

Useful

Financement
  • Total budget of the call: 2.4 billion euro
  • Budget per topic:
    • 1.2 billion euro (INNOVFUND-2024-NZT-GENERALLSP)
    • 200 million euro (INNOVFUND-2024-NZT-GENERALMSP)
    • 100 million euro INNOVFUND-2024-NZT-GENERALSSP
    • 700 million euro (INNOVFUND-2024-NZT–CLEAN-TECH MANUFACTURING)
    • 200 million (INNOVFUND-2024-NZT-PILOTS)
  • Amount of the grant: up to 40 million euro
  • Funding rate: up to 60% of the total eligible costs

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