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InnovFund – Innovation Fund 2023 Net Zero Technologies – 2023

Innovation Fund - The Innovation Fund (InnovFund) is EU's 2020-2030 framework programme for the demonstration of innovative low-carbon technologies.

2024-04-09
4 billion euro
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Appeal framework

Call reference INNOVFUND-2023-NZT
Program Innovation Fund
Institution European Commission
Sectors Business & Industry Energy Environment & Climate Research & Innovation Technology & Digital
Beneficiaries All beneficiaries

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Call reference

INNOVFUND-2023-NZT



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Priorities and funded actions

Objectives

  • To support projects demonstrating highly innovative technologies, processes, business models or products and services, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions
  • To offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources

Among financed actions

  • Activities supporting innovation in low-carbon technologies and processes in
    sectors listed in Annex I and Annex III to the EU ETS Directive 2003/87
  • Activities helping stimulate the construction and operation of projects that aim at the environmentally safe capture and geological storage of CO2 (CCS)
  • Activities helping the construction and operation of innovative renewable energy and energy storage technologies

Additional information 

  • This call for proposals is an open call for proposals.
  • Initial duration of the action: between 3 and 15 years

Eligibility

  • Be a legal person
  • Be a public or private entity
Financement
  • Total budget of the call: 4 billion euro
  • Budget by topic:
    • INNOVFUND-2023-NZT-GENERAL-LSP: 1,7 billion euro
    • INNOVFUND-2023-NZT-GENERAL-MSP: 500 million euro
    • INNOVFUND-2023-NZT-GENERAL-SSP: 200 million euro
    • INNOVFUND-2023-NZT-MANUFACTURING: 1,4 billion euro
    • INNOVFUND-2023-NZT-PILOTS: 200 million euro
  • Co-financing rate : up to 60% of the total eligible costs

This grant is a lump sum grant.

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