INNOVATION FUND – Innovation Fund 2024 Net Zero Technologies – 2025

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

• Guidelines: Click here
• Other call documents: Click here
• Executive Agency website: Click here
• More information: Click here

• 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