Can We Apply?

EU Innovation Fund · Honest qualification

Can your project win EU Innovation Fund money?

Get an honest answer before you spend months.

The EU Innovation Fund is one of Europe's largest climate funds — and one of its most competitive. Around 17% of applications are approved EU-wide (IF24, of 359 applications). We help you find out whether it's worth the effort before you commit.

Get a free honest assessment

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)

IF24 EU-wide, of 359 applications. Norwegian applicants do better — ~25% (last call 31%, per Enova) — but most still don't 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.

The EU Innovation Fund is worth pursuing — for the right projects. But the bar is high, the criteria are specific, and the single biggest reason serious projects fail is financial maturity — nearly a third fall there.

  • Cost-effectiveness must be ≤ 200 EUR/tonne CO₂ — otherwise rejected outright
  • Relative GHG reduction must be ≥ 50% vs. the reference scenario
  • Opaque consultants charge up front without telling you whether you qualify

We fix the information asymmetry. You find out before you commit.

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), relative GHG reduction (≥ 50%), 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 likely fall short — the reference scenario, the business case, the team's track record. No flattery.

03

A decision you can make

If the odds aren't there, we'll say so plainly. If they are, we help with positioning and the application itself — Kveck's expertise combined with AI. Enova covers up to 50% / NOK 500k of application costs for Norwegian projects.

We also tell you if you shouldn't apply. That's the whole point.

The honest difference

We know EU IF cold — and we'll tell you the truth

The EU Innovation Fund is not a lottery you can brute-force with a well-written application. The criteria are hard, the evaluation is rigorous, and many projects simply don't fit. Here's how we think about it:

Transparent about the odds

~17% approval rate EU-wide (Norwegian applicants do better — ~25%, last call 31%). We quote the real numbers because honest framing is the only way to make a sound decision. We never say "your chances look good" unless we mean it.

We know the fund

We work with the EU Innovation Fund criteria directly — cost-effectiveness, GHG benchmarks, reference scenarios, and financial maturity — the single most common failure point, where nearly a third of applications fall. No generic grant consultants guessing at the criteria.

No false promises

We do not promise you the grant. We give you a qualified assessment: where you stand, what needs work, and whether the effort is proportionate to the opportunity.

Survivorship warning

Public data shows mostly winners. We look at the full picture — including why applications are rejected — so you're not misled by what you can find online.

Enova: Enova is Norway's official contact point for EU Innovation Fund and can co-fund up to 50% / NOK 500,000 of Norwegian applicants' preparation costs.

Get started

Get a free honest assessment

Fill in the form and we'll come back to you within 2 business days. No commitment required — we'll tell you straight whether it's worth pursuing.

By submitting this form you consent to Kveck AS storing your details in order to follow up on your enquiry.