Press release
Innovation Fund – Small-Scale Projects Call 2022
April 14, 2022, Thursday EventThe second call for SMALL-SCALE projects under the Innovation Fund has been launched!
The new call will provide grant funding of €100 million to small-scale projects, i.e. projects with a capital expenditure between €2.5 and 7.5 million, in renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage.
The funding will help highly innovative technologies, which are sufficiently mature and have a strong potential to reduce greenhouse gas emissions compared to conventional technologies, overcome the risks linked to commercialisation and reach the market. Projects will also be assessed on their scalability and cost efficiency. For the first time since the creation of the Fund, the innovativeness of a project will be assessed in comparison to existing technologies in the country where the project will be implemented, and not in the European-wide landscape.
The call is open for projects from all EU Member States, Iceland and Norway until 31 August 2022.
For more information, please visit the Commission’s Call website https://bit.ly/3u8WPeP and the National Contact Point website https://bit.ly/38hXWQG