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Apply for the Innovation EU Fund Programme 2021

From Business Plan development to Project Management: we offer full support for all application stages

The EU Innovation Fund is one of the world’s largest funding programmes aiming at: 

  • Providing industries and SMEs with around 10 billion € for the commercial demonstration of innovative low-carbon technologies, allowing to finance up to 60% of innovation related expenses (CAPEX and OPEX).in the case of  large-scale projects and up to 60% of CAPEX in the case of small-scale projects. 
  • Bringing to the market industrial solutions to decarbonise EU and support its transition to climate neutrality
  • Helping businesses invest in clean energy and industry to boost economic growth by 2030

As announced at the Innovation Fund Expert Group meeting on July 6th, the European Commission plans to launch:

  • the second call for large-scale projects on October 26th, 2021
  • the second call for small-scale projects in March, 2022.
 
Sectors

The programme focuses on the following sectors: 

  1. innovative low-carbon technologies and processes in energy intensive industries, including products substituting carbon intensive ones; 
  2. carbon capture and utilisation (CCU); 
  3. construction and operation of carbon capture and storage; 
  4. innovative renewable energy generation;
  5. energy storage. 

How RINA can help

We offer:

  1. Technical assistance for the submission of the expression of Interest and pre-feasibility study, with a first assessment on the project effectiveness, innovation and maturity level. 
  2. Full support for the full application stages (project management, project proposal development, submission) including: feasibility study preparation, Business Plan development, GHG emission avoided calculation, Cost-efficiency calculation, Technical Due Diligence preparation, Economic and Financial Due Diligence preparation and Operational Due Diligence preparation. 

Our success stories

We have already supported other companies to apply for Innovation Fund programme:

  1. Big Player in the energy sector: Support in the presentation of 4 projects on the first call of the Innovation Fund in the following topics: CO2  capture, transport and storage project, project related to the recycling of organic waste and the production of biofuels, project related to the recycling of plastic waste for the recovery of materials, project related to energy intensive industries. Support for the preparation of technical and administrative documentation (Form A and B), preparation of Business Plan, calculation of avoided GHGs, calculation of relevant costs, assessment of degree of innovation and maturity, assessment of policies as well as technical, financial and operational due diligence.
  2. Player in the energy sector: support in the presentation of 1 project on the first call of the Innovation Fund on the following topic: project on the innovative generation of energy from renewable sources. support for the preparation of technical and administrative documentation (Form A and B), preparation of Business Plan, calculation of avoided GHGs, calculation of relevant costs, assessment of degree of innovation and maturity, assessment of policies.

All our Strategy and Innovation Sustainability services

Have a look at our services to anticipate and manage Market, Technological, Social and Sustainability challenges and support business leaders to manage complex issues and improve profitability and long-term value.

Contact us
Strategy Innovation & Sustainability Team