Innovative Future Fund

Vision for More Sustainable Basic Industries in 2050: The Choice is Ours

  • Program Type
  • Funding Award
    Applications for large-scale projects
  • Submission Deadline
  • Industry Focus
  • Eligibilty Requirements (Y/N)

Through its Future Fund, the government is making additional money available for innovative SMEs and vital research for the future.

Innovation Fund: lessons learned from the first call for small-scale projects and state aid support

The first call for small-scale proposals, which closed on 10 March 2021, resulted in 32 projects invited to prepare individual grant agreements. On 12 October 2021, we organized an event to take stock of lessons learned from this call and what applicants could improve for the next one. We presented an aggregated analysis of the applications and the results of the first call, highlighting key best practices for a successful application. In addition, the European Commission’s Directorate-General for Competition presented the revised Climate, Energy and Environmental Aid Guidelines (CEEAG) which are applicable to schemes that can finance projects similar to those supported by the Innovation Fund.

The Innovation Fund focuses on:

• Innovative low-carbon technologies and processes in energy-intensive industries

• Products that replace carbon-intensive products

• Carbon capture and utilisation (CCU)

• Carbon capture and storage (CCS)

• Renewable energy generation

• Energy storage

Future Phases

Check out an overview of each competition phase below - complete rules for each phase will be released as the competition progresses.