EUIF Grants – Energy Valley x Innovayt

One of the world’s largest funding opportunities for net-zero technologies is now open!

The EU Innovation Fund’s (EUIF) current call offers €3.4 billion in total grants, following a €12 billion allocation to projects over the past 4 years. This call provides lump-sum grants that cover up to 60% of project costs, making it an excellent opportunity for innovative technologies to become Europe’s flagship projects aimed at significantly reducing emissions in the energy and industrial sectors.

The EUIF supports key areas including innovative hydrogen production technologies, carbon capture and storage, renewable energy and energy storage. This commitment underscores its role in advancing diverse, essential energy technologies for Europe’s sustainable future, focusing on projects that have reached sufficient maturity. Furthermore, the fund has allocated a special budget of €1 billion for EV battery manufacturers to address Europe’s growing demand for electric vehicles. This substantial investment aims to spur innovation and competitiveness, positioning companies at the cutting edge of technology and strengthening their global market presence.

Successful projects leverage the visibility and credibility gained from EUIF support to attract further investment and expand into new markets. Norwegian companies benefit from additional support provided by Enova, which assists with the application process and offers financial aid to cover related expenses. From the previous deadline, 8 Norwegian companies received EUIF support, highlighting Norway’s technology’s alignment with EUIF goals.

The application deadline is 24 April, 2025. For companies interested in exploring this opportunity, Energy Valley is collaborating with Innovayt to provide guidance about the call and validate potential project matches. To set up a meeting and learn more, get in touch with Knut Linnerud on knut.linnerud@energyvalley.com.