EU Innovation Fund · Honest qualification
Can your project win EU Innovation Fund money?
Get a clear answer before you spend months.
The EU Innovation Fund is one of Europe's largest climate funds. It is also one of the hardest to get into. Around 17% of applications are approved across the EU, averaged over calls. We help you find out whether it is worth the effort, before you commit.
No commitment. We'll tell you if you shouldn't apply.
The reality
Most companies spend months on applications they shouldn't submit
~17%
approval rate (EU)
EU average across calls. In the latest completed round (IF24), 54 of 359 applications ended in a signed grant, about 15%. Norwegian applicants do better, roughly 25%, and 31% in the last call according to Enova. Most still do not get in.
200+
pages per application
Including GHG/LCA modelling, cost-effectiveness analysis, and financial projections.
€2.5M
minimum CAPEX
The fund excludes small projects. Norway / EEA is eligible.
For the right projects, the fund is worth every hour it takes. The bar is just high and the criteria are specific. The single biggest reason serious projects fail is financial maturity. Nearly a third fall there.
- Cost-effectiveness must be ≤ 200 EUR/tonne CO₂ for non-pilot projects, or the application is rejected outright. Pilots are measured against a separate, higher threshold
- Relative GHG reduction must be ≥ 50% vs. the reference scenario, and ≥ 75% for pilots
- Opaque consultants charge up front without telling you whether you qualify
External consultant support is a significant cost, and it is normally committed before you know whether you qualify. Enova co-funds up to 50% of the preparation cost: max NOK 500,000 when a Norwegian company is the lead applicant, max NOK 150,000 for a Norwegian participant in a foreign-led consortium.
Free · No commitment · Honest
Can you apply for the EU Innovation Fund?
Answer five quick questions for an honest, source-based read on whether your project is structurally eligible, and which call fits. No data is stored, and we'll tell you if you shouldn't apply.
Step 1 of 5
Where will the physical plant be located?
The applicant can be registered anywhere. It's the plant location that decides. Northern Ireland is a conditional exception, and we'll ask about that condition separately.
The Kveck advisor
Talk to the Kveck advisor
The Kveck advisor is our AI for the EU Innovation Fund. Describe your project and you'll get a source-based read on whether you qualify and where you stand. Never a promise of funding.
The Kveck advisor
AI advisor for the EU Innovation Fund
Hi! I'm Kveck's AI advisor for the EU Innovation Fund.
The advisor is in invited testing. Enter your access code to continue.
While the advisor is in testing, your conversation is automatically shared with Kveck so we can research knowledge gaps and improve it. Please avoid entering data you don't want to share. See our privacy statement.
What we do
An honest qualification, before you invest the months
We assess your project against the EU Innovation Fund criteria and give you a straight answer: where you're strong, where you're weak, and whether it's worth pursuing.
01
Qualification assessment
We map your project against the make-or-break criteria: cost-effectiveness (≤ 200 EUR/tonne CO₂ for non-pilots), relative GHG reduction (≥ 50%, or ≥ 75% for pilots), CAPEX scale (≥ €2.5M), sector eligibility, and Norway/EEA status. You get an honest go/no-go.
02
Strengths and gaps
We tell you where your application would stand out, and where it would probably fall short. Usually that means the reference scenario, the business case, or how the team's track record reads. No flattery.
03
A decision you can make
If the odds aren't there, we'll say so plainly. If they are, you'll know exactly where you stand before you commit the months. We don't write the application or build the financial model. That is your advisors' work. Where a national contact point exists we point you to it. In Norway that is Enova, which can co-fund up to 50% of preparation costs (max NOK 500,000 as lead applicant, NOK 150,000 as participant in a foreign-led consortium). Where none exists, we point you to the call text.
We also tell you if you shouldn't apply. That's the whole point.
The honest difference
We know this fund, and we will tell you the truth
A well-written application will not carry a project that does not fit. The criteria are hard and the evaluation is rigorous. Plenty of good projects simply fall outside. Here is how we think about it:
Transparent about the odds
Around 17% of applications are approved across the EU. Norwegian applicants do better, roughly 25%, and 31% in the last call. We quote the real numbers because you cannot make a sound decision without them. But a population rate is not your odds, and we will not turn it into a prediction for your project.
We know the fund
We work with the criteria directly: cost-effectiveness, GHG benchmarks, reference scenarios, financial maturity. That last one is where nearly a third of applications fall. This is not a general grant consultancy guessing at what the evaluators want.
No false promises
We do not promise you the grant. You get an assessment: where you stand, what needs work, and whether the effort is worth the opportunity.
Survivorship warning
Public data mostly shows winners. We work from the rejection data as well, so you are not misled by whatever happens to be easy to find online.
Enova: Enova is Norway's official contact point for EU Innovation Fund and can co-fund up to 50% of Norwegian applicants' preparation costs: max NOK 500,000 as lead applicant, max NOK 150,000 as a participant in a foreign-led consortium.
The Kveck advisor
Want to try the Kveck advisor?
The Kveck advisor is in invited testing right now. Tell us a bit about your project and we'll send you access — no commitment.