On 3 July 2020, the Commission launched the first call for large-scale projects under the Innovation Fund with a budget of €1 billion. The call ended on October 29, 2020 and resulted in the call for seven projects to prepare individual grant agreements. With the launch of the large-scale second call on October 26, 2021, we have evaluated the lessons learned from the first call and what applicants can improve for the ongoing call. During the event, we will present an aggregate analysis of applications and results of the first call, highlighting best practices for a successful application.
The event will be open to the public and broadcast across the web. Recording and presentations will be posted after the session.
Before and during the event, you can ask your questions via Slido using event code #IF1LSC.
- 10:00 Welcome and Introduction
- 10:05 Lessons Learned: Aggregate Statistics and Results of the First Call for Large Projects – Presentation by DG CLIMA
- 10:25 Best practices from the first call for large-scale projects and tips for a successful implementation – Presentation from CINEA
- 11:00 Q&A
With its subsidy of €25 billion over the period 2020-2030 (estimated at a carbon price of €50/tCO2)2), the Innovation Fund is one of the world’s largest funding programs for demonstrating innovative low-carbon technologies, with the goal of bringing industrial solutions to market for decarbonization of Europe.
On 3 July 2020, the Commission launched the first call for large-scale projects (total capital costs above €7.5 million) with a budget of €1 billion for breakthrough technologies in energy-intensive industries, renewables, energy storage, carbon capture, use and storage. We received 311 applications for innovative clean technology projects in the first stage, promising to reduce 1.2 billion tons of CO22 During her tenure at the Innovation Fund. 70 applicants were invited for the second phase and submitted a complete application. Applicants were informed of the results of the evaluation process on November 16, 2021 and successful applicants were invited to begin the scholarship preparation process. Grants will be awarded in the first quarter of 2022.
For more information on lessons learned from the first phase of the call for large-scale projects, you can check out the registration and presentations from our event on April 28, 2021.