Ahead of today's EU Innovation Fund Info Days 'Third call for large-scale projects', the European Association of Innovation Consultants welcomes the recent changes made to the instrument.
EAIC Members have supported several of the selected Innovation Fund projects under both Large- and Small Scale calls, across multiple countries. Through their services provided to applicants, EAIC Members benefit from first-hand experience with the features of the Fund, its technicalities, the effort required by the applicants as well as their expectations and reactions after the selection process.
Find out more here.
The European Union’s (EU) Green Deal is the EU’s main new growth strategy to transition the EU economy toward a sustainable economic model. The proposed financing of the EU Green Deal is set out in the EU Green Deal Investment Plan.
Several funding mechanisms were created to facilitate the EU Green Deal, totalling over €1 trillion. Over 50% of the budget, €528 billion, will come directly from the EU budget and the EU Emissions Trading System.
The rest will be sourced through the InvestEU programme, which combines €279 billion from public and private sectors to 2030 and €114 billion from national co-financing. It will provide an EU budget guarantee to allow the EIB Group and others to invest in higher-risk projects, enabling private investment.