Programme Category
Programme Name
Programme Description
The Innovation Fund program that helps reduce greenhouse gas (GHG) emissions.
“Large-scale” projects are projects with a capital expenditure of over € 7.5 million.
“Small scale” projects are projects with a total capital cost of less than € 7.5 million.
Identifier Code
Call
Summary
The objective of this topic is to support highly innovative, disruptive or breakthrough technologies in deep decarbonisation needed for achieving the climate neutrality goal.
Detailed Call Description
The following activities can be funded under this topic: Construction and operation of pilot projects that focus on validating, testing and optimising highly innovative, deep decarbonisation solutions in all sectors eligible for Innovation Fund support.
Pilot projects can concern: In this topic, a higher degree of innovation is expected than in the other topics. Consequently, the activities that can be funded are those that tackle technical risks linked to the innovative technologies and solutions, e.g. optimising process and operational parameters of the innovation, and/or improving the characteristics of the final products produced. Pilot projects should prove an innovative, deep decarbonisation or net carbon removal technology or solution in an operational environment, but are not expected yet to reach large scale demonstration or commercial production. Nevertheless, the project can entail limited production/operation for testing purposes, including delivery to/from potential customers for validation.
The pilot installation itself should have a very low level of residual emissions or result in net carbon removals. See more details in the minimum requirements under the GHG emission avoidance criterion.
The maximum amount of Innovation Fund grant for an individual project under this topic is limited to €40.000.000.
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
The grant will be a lump sum grant. This means that it will reimburse a fixed amount, based on a lump sum. The amount will be fixed by the granting authority on the basis of the relevant costs of the project calculated in accordance with the Guidance on the relevant cost methodology, and a fixed funding rate of 60% (or lower requested grant amount, if any).
The project must:
- reach financial close within four years after grant signature
- operate at least:
- for all topics except INNOVFUND-2023-NZT-PILOTS: 5 years after entry into operation
- for INNOVFUND-2023-NZTPILOTS topics: 3 years after entry into operation
Only projects with a total capital expenditure as indicated below will be eligible under this call:
- INNOVFUND-2023-NZT-PILOTS: above €2.500.000
Thematic Categories
- Environment and Climate Change
- Industry
- Public Administration
Eligibility for Participation
- International Organisations
- Large Enterprises
- Legal Entities
- NGOs
- Non Profit Organisations
- Other Beneficiaries
- Private Bodies
- Researchers/Research Centers/Institutions
- State-owned Enterprises
Eligibility For Participation Notes
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
- be legal entities (public or private bodies)
- be established in one of the eligible countries: any country in the world.
Geographic location (target countries)
Projects must be located in EU Member States or EEA countries (i.e. Norway, Iceland or Liechtenstein).
Projects may also be located in Northern Ireland on the condition that they concern the generation, transmission, distribution or supply of electricity.
Eligible activities – The following activities are not considered as eligible for funding under this call:
- Projects whose focus is on services, including software, mainly addressing the efficiency in Annex I products use.
- Ship or plane building or refurbishment outside of the EU.
Projects must comply with EU policy interests and priorities (such as environment, social, security, industrial and trade policy, etc).
Financial support to third parties is not allowed.
Call Opening Date
Call Closing Date
National Contact Point(s)
Ministry of Agriculture, Rural Development and Environment
Mrs. Maria Loizou
28th of October Avenue 20-22
2414 Engomi, Nicosia
Telephone: +357 22408955
Email: mloizou@environment.moa.gov.cy
Website: www.moa.gov.cy
Ministry of Research, Innovation and Digital Policy
Ms. Elena Poulli
29 Vyronos Avenue
1096 Nicosia
Telephone: +357 22691921
Email: epoulli@research.org.cy, epoulli@dmrid.gov.cy
Website: www.dmrid.gov.cy
EU Contact Point
European Executive Agency for Climate, Infrastructure and the Environment
https://cinea.ec.europa.eu/contact-0_en