Innovation Fund
EU funding for large industrial decarbonisation projects. Typical amount: projects from ~€20M capex (≤60% of relevant costs).
Facts last verified 23.7.2026
EU funding for large industrial decarbonisation projects.
Key facts
- Provider: EU (DG CLIMA)
- Type: Grant
- Typical amount: projects from ~€20M capex
- Rate / terms: ≤60% of relevant costs
- Legal basis: EU direct
- Who it is for: Medium to large companies · energy, investment
How to apply
EU instruments run on calls with fixed deadlines and formal proposal templates, submitted through the EU's funding portal (or via the national contact point for programmes like Eurostars). Read the call text closely — evaluation criteria are published, and proposals are scored against them literally.
Plan for months, not weeks: consortium building (where required), proposal writing, and evaluation each take time, and success rates are materially lower than in national instruments. Many companies use experienced grant writers for these — with amounts this size, professional preparation usually pays for itself.
A strong track record with national funding (Business Finland, ELY-area instruments) is often the credibility base an EU application stands on.
Frequently asked questions
How much funding does Innovation Fund provide?
Typical amount: projects from ~€20M capex. Support level / terms: ≤60% of relevant costs.
Who can apply for Innovation Fund?
Provider: EU (DG CLIMA). Company size: medium, midcap, large. Typical use: energy, investment.
On what legal basis is Innovation Fund granted?
EU direct.
Indicative screening information, not advice. Amounts and rules change, so confirm the current terms and eligibility with the provider before you rely on them.
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