Announcement of the Program – Commercial Proof of Concept in Energy
Announcement of the Program “Commercial Proof of Concept – Energy”
Organization of Webinar on 4 September 2024 at 10:00 am
The Research Innovation Foundation (RIF) has announced the new funding program “Commercial Proof of Concept – Energy” with a budget of €1.6 million, aimed at accelerating innovation in the energy sector.
The program focuses on:
• Accelerating innovation in the fields of energy production, storage, transmission, and distribution.
• Addressing challenges such as integration into the energy grid, use of renewable sources, and enhancing the resilience of the energy system.
• Supporting the transition from pilot applications to commercial readiness.
• Strengthening research and development for the upgrade and optimization of technologies.
• Improving the performance, reliability, and cost-effectiveness of both new and existing technologies to ensure their sustainability and widespread adoption.
The program allows businesses to assess whether the technologies or know-how they are developing can be commercially applied in industrial settings, with a focus on technologies addressing challenges in energy production, storage, transmission, and distribution.
To qualify for funding, research projects must focus on experimental development of new technologies with commercial potential. The program is part of Pillar I “Smart Growth” within the Smart Specialization Strategy 2023-2030 and must align with the goals of REPowerEU, which focus on transitioning to clean energy sources and enhancing energy security.
The maximum funding per project is €200,000. Interested parties can find more information at the following link: https://t.ly/3xQsR.
Proposals should be submitted via the IRIS portal, with the deadline being October 25, 2024, at 13:00.
Additionally, RIF will organize a webinar on the 4th of September 2024, at 10:00 AM for the presentation of the call and to address any questions regarding the regulations and participation requirements. The webinar will be held online via the ZOOM platform. Interested parties must register in advance here.
This Call is funded by the Recovery and Resilience Facility EU.
For more information, interested parties can contact the RPF Support Center at tel.: 22205000 or via email at support@research.org.cy .
