The EU Innovation Fund is one of the largest public funding mechanisms supporting the green transition. In this webinar, experts from Implement Consulting Group and Innova share key insights on how to build a strong, credible application that balances innovation, maturity, and financial soundness to secure funding success.

Understanding the Innovation Fund 2024

The EU Innovation Fund 2024 introduces new structures and opportunities for funding innovative low-carbon projects. With 2.4 billion euros available, the fund supports initiatives in decarbonisation, carbon capture, renewable energy, and clean technologies. The webinar provides a detailed overview of the call timeline, structure, and key updates, helping applicants understand eligibility, funding mechanisms, and evaluation criteria.

Finding the balance between innovation and maturity

Applicants must demonstrate both innovation and readiness. The session highlights how to define the state of the art, articulate what makes a project innovative, and present strong technical and operational maturity. Realism and credibility are emphasised over optimism, ensuring that timelines, deliverables, and risk management plans align with EU expectations.

Strengthening financial maturity and cost efficiency

Financial maturity is critical to success. Experts explain how to build a credible business and financing plan, showing both profitability and commitment despite risk. The cost efficiency section focuses on determining the right grant size, calculating relevant costs, and ensuring transparent financial assumptions that meet EU methodology standards.

Achieving impact through replicability

Replicability reflects how projects drive broader industrial transformation. The webinar discusses how to showcase efficiency gains, cost reductions, and policy contributions that enhance Europe’s competitiveness and sustainability. By quantifying benefits and aligning with EU policy goals, applicants can strengthen their overall proposal and contribute to Europe’s green leadership.