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.
These topics aim to support and advance innovative low-carbon technologies and processes to significantly mitigate climate change in sectors listed in Annex I and Annex III to the EU ETS Directive 2003/87/EC, promoting sustainable development and technological leadership within Europe.
Topic: Innovation Fund 2024 Net Zero Technologies – Clean-tech manufacturing
Construction and operation of manufacturing facilities to produce specific components for:
Components also include final equipment such as wind turbines, solar panels, batteries, heat pumps or electrolysers.
The topic also targets the manufacturing of components and materials (except mining activities) that are a significant factor in the final equipment’s performance and/or cost. Activities relating to recycling or reusing critical materials (except manufacturing of battery cells, that can be used in electric vehicles (also as part of integrated projects)) to be used in the above equipment categories or components thereof may also be funded under this topic.
The produced equipment, components and materials can be sold on the EU market and in third countries.
Activities should demonstrate innovation in (and/or):
Under this topic, the use of innovative components, including the final equipment, in power/heat generation, energy storage, or production and consumption of hydrogen will not be supported.
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).
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
Eligible activities:
Applications will only be considered eligible if their content corresponds wholly (or at least in part) to the topic description for which they are submitted.
Eligible activities are the ones set out in section 2 above.
The following activities are not considered as eligible for funding under this call:
This exclusion doesn’t concern mobility projects where the activity directly decreases the climate impacts:
ship or plane building or refurbishment outside of the EU/EEA Projects must comply with EU policy interests and priorities (such as environment, social, security, industrial and trade policy, etc). Projects must also respect EU values and European Commission policy regarding reputational matters (e.g. activities involving capacity building, policy support, awareness raising, communication, dissemination, etc).
Financial support to third parties is not allowed.
Geographic location (target countries):
Ministry of Agriculture, Rural Development and Environment
Address: 28th of October Avenue 20-22, 2414 Engomi, Nicosia
Mrs. Maria Loizou
Telephone: +357 22408955
Email: mloizou@environment.moa.gov.cy
Website: www.moa.gov.cy
Ministry of Research, Innovation and Digital Policy
Address: 29 Vyronos Avenue, 1096 Nicosia
Ms. Elena Poulli
Telephone: +357 22691921
Email: epoulli@research.org.cy, epoulli@dmrid.gov.cy
Website: www.dmrid.gov.cy