Secure Up To €200 Million Before Your Competition Does!
Why should you choose between climate protection and profitability when you can have both? The recently launched Federal Subsidy for Industry and Climate Protection (BIK) offers you a unique opportunity not only to drastically reduce your CO₂ emissions but also to secure significant financial advantages – up to €200 million! Even more impressive is that this funding is part of a total of €67 billion allocated for financial aid and tax benefits, according to the latest subsidy report from the German government. A substantial €49 billion of that is specifically earmarked for climate and transformation – a bold statement and a once-in-a-lifetime opportunity for companies to invest in future-proof technologies and reduce energy costs. But time is ticking – the deadline for submitting project outlines is November 30, 2024.
What is funded?
The BIK is divided into two main modules, each targeting different areas of decarbonization and CO₂ storage:
Module 1: Up to €200 million for decarbonization
This module is aimed at companies running industrial processes that, through investments or research projects, can save at least 40% of their CO₂ emissions.
The funding is open to all industrial companies with CO₂-intensive processes, particularly targeting industries such as chemical production, steel and foundries, glass and ceramics manufacturers, as well as the paper and cement sectors. Companies can receive up to €200 million for their investment projects, with a funding rate of up to 60%. Research projects can be funded with up to 80% of the costs, with a maximum of €35 million.
Module 2: Funding for CCS/CCU technologies in the millions
The second module supports projects for carbon capture, storage, and utilization (CCU/CCS) in sectors where emissions are hard to avoid, such as cement, lime, and thermal waste treatment. Additionally, innovation projects in basic chemicals, glass, and ceramics are eligible for funding.
Funding rates reach up to 30%, with a maximum of €30 million for investment projects, and 80%, with a maximum of €35 million for innovation projects (applied research and development).
Who can apply?
The BIK is open to small and medium-sized enterprises (SMEs) as well as large companies. For SMEs, the minimum project size eligible for funding starts at €500,000, while large companies must invest at least €1 million. This makes the BIK a powerful tool to support both small and medium-sized innovation leaders and established market giants in the German industry.
How is the funding provided?
The funds are made available through the General Block Exemption Regulation (GBER) and the Temporary Crisis and Transition Framework (TCTF). The funded projects are in competition with each other, so careful planning and the highest possible funding efficiency (especially a convincing overall presentation) are crucial. The first deadline is already November 30, 2024, requiring swift action.
How does EPSA support you?
EPSA stands by your side as strategic partner to help you maximize the benefits of the BIK. We assist you in evaluating your project’s potential, crafting a compelling project outline to maximize your chances of success, and effortlessly completing the necessary application forms. Our expertise ensures that your project receives optimal funding so that you can achieve your financial and environmental goals.
Why act now?
The time to act is now. With the Federal Subsidy for Industry and Climate Protection, you have the opportunity to make your business climate-resilient while strengthening your competitiveness. This opportunity is particularly valuable when considering that of the €67 billion in financial aid and tax benefits provided by the federal government, an impressive €49 billion is specifically reserved for climate and transformation projects. Don’t hesitate – secure your share of these subsidies and don’t leave this advantage to your competition. EPSA is ready to guide you on this journey and help shape the transformation together.
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