€3.4bn funding decision
The European Commission has named 77 European net-zero technology projects to receive a combined €3.4 billion from the Innovation Fund. The decision was announced in Brussels on 19 October 2026.
The awards stem from the Innovation Fund’s second call, which opened in December 2025. The Commission’s announcement establishes the total value of support and the number of selected projects.
Why the selection matters
The decision directs Innovation Fund resources towards a defined group of European technology projects. For companies, investors and supply-chain partners linked to the selected schemes, it is a material funding outcome at programme level.
The supplied Commission release does not identify individual projects, describe their technologies, or set out the distribution of funding between recipients. It also does not include further eligibility criteria or a subsequent application timetable.
What to do next
Organisations connected with the selected projects should review the European Commission announcement and seek project-specific information from the relevant parties. Other prospective applicants should distinguish this completed selection from any future Innovation Fund call.
