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First Innovation Fund call for large-scale projects: 70 projects invited to submit full application

Martes, 30 de marzo de 2021

First Innovation Fund call for large-scale projects: 70 projects invited to submit full application

After the admissibility and eligibility checks of all 311 proposals received, independent external evaluators assessed the proposals against the award criteria of the first stage: greenhouse gas emission avoidance, innovation potential, financial, technical and operational maturity of the project.

The best ranked 70 projects are invited to submit a full application for the second stage of the call, where they will be assessed on all the criteria, including scalability and cost efficiency, by 23 June 2021. The second stage remains very competitive as the projects may request up to EUR 7 billion of grants, based on the information provided in their applications for the first stage.

Projects not invited to the second stage that have the potential to improve their maturity through Project Development Assistance (PDA) have been informed that the European Investment Bank (EIB) is currently assessing their proposal and might be invited to sign a PDA agreement with them.

To facilitate the preparation of full applications, They are planning a webinar on the application process and award criteria on 15 April.