Funds for small and medium-sized enterprises from Serbia between EUR 100,00 and EUR 5million - Applications for EIT InnoEnergy funding by October 4

Small and medium-sized cleantech enterprises have athe opportunitu to applz for financial funds for the development of their projects by October 4 that will range between EUR 100,00 and EUR 5 million. EIT InnoEnergy, a n innovation engine for sustainable energy backed by the European Institute of Innovation and Technology, has started a new investment cycle. The company carried out its first investments round in2011 and has so far funded projects from 8 different areas across Europe which resulted in EUR 3 billion from the projected sales, the company reminded in an official release.

The funds are directed towards small and medium-sized enterprises with proven technological concept that will transform the future of energy in Europe. On top of funding, InnoEnergy offers applicants a trusted and proven, collaborative innovation platform and access to an energy innovation ecosystem of more than 385 industry partners from across the mix of sustainable energy solutions.

– Commercialization is our priority when it comes to SMEs that carry out innovative projects, Besides, it is very important to shorten the time needed for a product to reach the market, to make it internationally available as well a the time needed for business to grow and making possible for companies to access risk-free secure funding, InnoEnergy Innovation Officer for Central Europe, Marcin Lewestein stated.

All businesses that apply by October 4 must already have developed technology, that is, they must have a developed product prototype because it is a large-scale investments.

Many successful cleantech projects from all around Europe have been financed in this way. the French Hiphone has developed a a high pressure hydrogen tank for the automotive market which should help bring electric vehicles with hydrogen drive to the market. Fresh-r saves energy with smart indoor air care that maintains air quality and optimal air temperature without wasting energy. On the other hand, there are projects such as Scandinavian securiCAD, a digital tool to help control the security of energy companies and prevent cyber attacks on the digitised infrastructure.

More information on the application process on this link.

InnoEnergy

European Institute of Innovation and Technology

cleantech

sustainable energy

investing in clean technologies

financing sustainable energy projects

Marcin Lewenstein