EU funding programs

Innovation Fund EU – Clean-tech manufacturing (EU)

Program description:
The objective of this program is to support projects on innovative clean-tech manufacturing of components for hydrogen production, renewable energy and energy storage in order to build industrial capacity, technology leadership, supply chain resilience and strategic autonomy on these decarbonisation technologies within the EU.

Max. grant size – Clean-tech manufacturing projects: no specific limit
Subsidy rate: 60% of CAPEX and OPEX for 10 years
Call frequency: 1 per year

Innovation Fund EU (EU)

Program description:
The EU’s Innovation Fund is one of the world’s largest funding programmes for demonstration of innovative low-carbon technologies. The Innovation Fund focuses on innovative low-carbon technologies, carbon capture, utilization and storage (CCUS), innovative renewable energy generation and storage.

Max. grant size – small-scale projects: 12 MEUR
Max. grant size – medium-scale projects: 60 MEUR
Max. grant size – large-scale projects: no specific limit

Subsidy rate: 60% of CAPEX (and OPEX for 10 years in case of large-scale projects) based on the real CO2 reduction during 10-year period.
Call frequency: 2 times a year (one call for small-scale projects, and one call for large-scale projects)

Eurostarts (EU)

Program description:
Eurostars programme supports research-performing SMEs and individual scientist to develop innovative products, processes and services, to gain a competitive advantage. Eurostars provides funding for transnational innovation projects for rapid commercialisation.

Typical grant size: 0.7-1 MEUR
Subsidy rate: 50-60%
Call frequency: 1-2 times a year

Horizon Europe (EU)

Program description:
Horizon Europe is an ambitious €100 billion research and innovation programme to succeed Horizon 2020 for the next programme period 2021-2027. Horizon Europe focuses on Research and Innovation Actions (RIA) and Innovation Actions (IA) on a broad range of digital, industrial and space technologies. Project proposals must reply to a specific topic in the calls announced.

Typical grant size/Max. grant size: 3-5 MEUR / 8 MEUR (our estimate)
Subsidy rate: 70% (Innovation Action), 100% (Research and Innovation Actions)
Call frequency: Multiple calls each year