[Last call] EUR 50,000 for eco-technologies development

EUR 50,000 for eco-technologies development: less than a week left to participate in the Climate Innovation Vouchers grant competition. February 28, 2022, is a deadline for Ukrainian SMEs’ Climate Innovation Vouchers grant applications. Climate-friendly businesses can receive up to € 50,000 to develop or implement environmental technologies that reduce greenhouse gas emissions and increase energy efficiency.

The grant program is designed for small and medium-sized businesses that implement or develop environmentally friendly technologies, registered as private companies in Ukraine at least one year before the application, and are ready to co-finance at least 25 % of the grant amount. Winners can use the grant funds for services that improve or finalize their innovations and bring them to market. The Voucher can cover the cost of services for prototyping climate technologies, certification, testing and patenting, IT components development, marketing services, etc.

The key selection and evaluation criteria are

  • innovation and realism,
  • greenhouse gas emission,
  • adaptability, scalability, and market potential.

Climate Innovation Vouchers have been implemented in Ukraine since 2017. More than 30 companies received vouchers for almost 1,240,000 EUR. The Vouchers helped implement eco-initiatives and bring companies to new markets.

  • Among the most successful Vouchers’ winners are Delfast — manufactures the coolest Guinness World Record holder electric bikes in the world, collecting multimillion-dollar investments and enthusiastic reviews in the world media;
  • Go To-U is an electric vehicle charging station management platform that recently closed the investment round with ABB EL Ventures and ABB Technology Ventures;
  • The Good Plastic Company manufactures recycled plastic dimensional panels for major retailers as Nike and Adidas, also recently announced an investment from Andriy Fedoriv and Nova Poshta co-founders;
  • Prengi is a platform for managing real estate maintenance processes, which such giants as Ukrposhta, Novus, KFS, British American Tobacco are already used;
  • Enzyme leading yeast producer in Ukraine.

Visit the Climate Innovation Vouchers website to learn more and apply: https://climate.biz/

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The Climate Innovation Vouchers project is a component of the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) program, supported by the EU under the EU4CLIMATE initiative. In 2017, Ukraine became the first country to benefit from the EBRD’s proposed voucher scheme. 

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