Details
EIT Climate-KIC launched the Innovation Call 2022 to identify promising innovation projects to be conducted in 2022 and 2023. The call opened in September 2021 and invited both new and existing community members to submit proposals for grant funding to support development of a new commercial product or service which addresses climate change. The call closed in December 2021 and results finalised in February 2022.
Applications received
At the call deadline, we received 16 fully completed proposals 11 (69 per cent) from existing partners and five (31 per cent) from new partners. The country breakdown of the applications is:
- Austria: 1
- France: 2
- Germany: 1
- Greece: 1
- Italy: 2
- Latvia: 1
- Netherlands: 1
- Poland : 1
- Spain: 2
- Sweden: 1
- Switzerland: 1
- United Kingdom: 2
Total: 16
These applications were then assessed against the three-stage review process set out in the call guidelines. This included eligibility checks, independent review, and strategic selection processes.
Final result
EIT Climate-KIC has approved one new project to take place in 2022 and 2023.
Project Name: MEDIUS
Description: MEDIUS bridges the gap between green finance and green projects to decarbonize buildings at scale. Currently only few building owners make use of green finance. The inability for green money to reach the decarbonization of the housing sector is due to barriers such as lack of data, incompatible documentation, heterogeneity of assets etc. Moreover, the two sectors are very alien to each other in terms of semantics and have a general lack of understanding of each other’s problems and needs. Our systemic solution MEDIUS addresses the fragmented communication issues between financers and project managers. Thus, MEDIUS will co-design with bankers and building owners a strategy development yielding in decarbonisation and retrofit roadmaps (DRR) and documentation approach, adapt respective tools, prototype the solution and automate work intensive process steps to enable scalability. MEDIUS connects to the EU taxonomy and initiatives (CBI, PECAF) to enable the financial sector to invest in DRR.
Budget: €2,640,000.00 (EIT Contribution €750,500.00)
Lead Partner: ChillServices
Partners: TEP Energy GmbH, ChillServices Sweden AB, BWB Connect CLG, Sinom