Innovation Fund 2025: Secure Funding for Net-Zero Technologies
The Innovation Fund is one of the largest funding programs in the world, designed to accelerate the commercial deployment of groundbreaking low-carbon technologies. With a budget of €3.4 billion (potentially increasing by 40%), this fund supports projects that contribute to Europe’s ambitious climate neutrality goals.
What is the Innovation Fund?
Imagine a fuel injection system for clean energy innovation—the Innovation Fund provides financial support to bring industrial solutions to market, helping to decarbonize Europe while driving economic growth. The fund is aimed at projects that:
✅ Advance low-carbon technologies in manufacturing and industry
✅ Improve carbon capture, storage, and utilization
✅ Develop next-generation renewable energy and energy storage
✅ Support electric vehicle battery manufacturing
Who Can Apply?
The fund is open to companies, SMEs, research organizations, and public institutions from across the EU and beyond. While applications are open globally, project activities must take place in an EU Member State.
Funding Opportunities & Project Categories
The Spring 2025 Call offers funding across five key areas:
- Large, Medium, and Small-Scale Projects
From pilot initiatives to full-scale commercial projects, this category funds innovative low-carbon technologies across multiple industries.
💰 Funding per project: €2.5M – €100M+
- Manufacturing Projects
Supports renewable energy installations, electrolysers, fuel cells, energy storage, and heat pumps—essential building blocks for a clean energy future.
💰 Funding per project: Minimum €2.5M
- Pilots Call
A testbed for highly innovative, deep-decarbonization solutions across all sectors, even if they are not yet fully commercialized.
💰 Funding per project: Minimum €2.5M
- Battery Manufacturing for Electric Vehicles
Designed to boost Europe’s battery industry, this track funds advanced EV battery cell production with high-impact emission reduction potential.
💰 Funding per project: Minimum €2.5M
Why Apply for the Innovation Fund?
🔹 High Success Rate – Over 25% of applications received funding in 2024, significantly higher than other EU programs like EIC Accelerator and Horizon Europe.
🔹 Generous Funding Rate – Covers up to 60% of project costs with lump-sum grants.
🔹 Strategic Advantage – A successful project can secure not just funding but also market positioning, partnerships, and credibility.
Application Process & Deadline
The Spring 2025 Call is now open, with a submission deadline of 25 April 2025. The process involves a single-stage proposal, limited to 80 pages (excluding annexes). Tip: Given the detailed nature of the application, we recommend starting preparations at least 4 months in advance.
