Commission launches first call for €1 billion investment in innovative green projects

Jul 13, 2020

On 3 July 2020, the European Commission launched the first call for proposals under the Innovation Fund. Take a look at our explainer on the Innovation Fund, which describes the Innovation Fund in greater details, and includes links to apply.

The Innovation Fund is a programme provided by the EU to finance breakthrough technologies. It aims to create the right financial incentives for companies and public authorities to invest now in the next generation of low-carbon technologies and give EU companies a ‘first-mover advantage’ to become global technology leaders. This first call contributes to the green recovery of the EU economy by helping businesses invest in clean energy and clean industry to boost economic growth, create local jobs and give a competitive advantage to EU industry.