Eleven Ukrainian companies have secured grant funding totaling €384,241 for the implementation of innovative environmental technologies as part of the final wave of the “Climate Innovation Vouchers” program. The initiative aims to support businesses in developing climate-friendly solutions, with funding provided by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU).
This is reported by Finway
Key Participants and Innovation Areas
- Ma’Rijany Hemp Company — specializes in the cultivation and processing of industrial hemp.
- “Stryi Auto” — a manufacturer of electric vehicles and specialized full-cycle platforms.
- IPT Production — develops eco-friendly additives for road construction.
- R.Flo — creates batteries for long-term energy storage without the use of critical raw materials.
- “EnergoDesign” — offers modular biomass water heating and steam boilers for heating supply systems.
- “Hydrogen of Ukraine” — implements “green” hydrogen projects.
Benefits of the Grant Program and Market Impact
Since 2017, thanks to the “Climate Innovation Vouchers” program, Ukrainian companies have received over €2 million for the implementation of climate technologies. The vouchers cover up to 75% of the service costs, allowing businesses to address critical issues — from patenting to certification and industrial design. The maximum grant amount is €50,000.
“Vouchers fill critical ‘gaps’ on the path to market: from patenting to certifications and industrial design.”
This approach accelerates the implementation of innovations in production and promotes the export of Ukrainian eco-technologies to international markets.