Ukrainian entrepreneurs can receive a grant of up to EUR 50,000 to develop climate innovations.
The call of proposals for the Climate Innovation Voucher grant for Ukrainian SMEs is open until February 28, 2022. Climate-friendly businesses can receive up to € 50,000 to develop or implement environmental technologies that reduce greenhouse gas emissions and increase energy efficiency.
Climate Innovation Vouchers is a grant program aimed to support green projects development among Ukrainian companies. Winners can use the grant funds for services that improve or finalize their innovations and bring low-carbon products and projects to market. The Voucher can cover the cost of services for prototyping climate technologies, certification, testing and patenting, IT components development, marketing services, etc.
SMB that implement or develop environmentally friendly technologies, registered as legal entities (private companies) in Ukraine, operate for at least one year before the application and are ready to co-finance at least 25 % of the grant amount can participate in the Voucher program.
The key selection and evaluation criteria are:
greenhouse gas emission level
adaptability and scalability
Six Ukrainian companies received Vouchers total amount of 240,000 euros in 2021. Now they are already implementing green innovations in business. Last year’s winners include recycled plastic panels for interiors, agricultural drones, sustainable residential complexes, new wastewater treatment technologies, and more. Such as The Good Plastic Company, Ekodar Architectural Studio, Enzyme, Dominion, and Viva Victoria won the Climate Innovation Vouchers.
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.