EU sustainable energy investor EIT InnoEnergy has kicked off a programme the battery value chain in accessing public funding.
The programme is under the framework of the European Battery Alliance (EBA) and was unveiled at COP28. It is open now for applications. Small and medium enterprises across the entire value chain, from raw materials extraction through to recycling, will be able to receive guidance on how to get access to public funding more efficiently.
“The One-Stop-Shop will bring greater speed, simplicity and clarity to the application process for scale-ups and increase chances of benefitting from public funding,” added Thore Sekkenes, European Battery Alliance Program Director at InnoEnergy.
European Commission Executive Vice-President Maros Sefcovic in charge of the European Battery Alliance said “Europe’s battery industry is of strategic importance and a key battleground for global competitiveness. Maximising Europe’s financing potential for the sector must be a priority to continue the growth of the value chain and accelerate the green transition,”
The programme will focus on investor readiness for the EIC Accelerator, the Innovation Fund, selected offerings from the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD).
