About us

The "Climate Innovation Vouchers" project is a component of the EBRD program "Technology and Finance Transfer Center in the Field of Climate Change" (FINTECC), which is supported by the EU as part of the EU4CLIMATE initiative.

The European Bank for Reconstruction and Development (EBRD) launched Project "Climate Innovation Vouchers", as an instrument of financial support for Ukrainian companies that are engaged in the development and implementation of climate technologies and seek to use them to reduce the harmful impact on the environment or energy consumption.

"Climate Innovation Vouchers" are grants that help small and medium-sized businesses (Participants) cover 75% costs (up to €50,000) for services that will help them move forward efficiently and quickly. A mandatory condition is co-financing by the Participants of at least 25% of costs from their own sources.

By the rules Project "Climate Innovation Vouchers" provided that Participants with the help of grants, they finance the services provided to them by other companies. Service providers (service providers) are contractors who can implement the necessary services for the Participants, having the relevant experience and meeting the project conditions.

Service providers are companies and institutions, entrepreneurs with expertise in various fields of activity: from patenting and legal services to marketing research, engineering, industrial design and others.

Within Project "Climate Innovation Vouchers" any technologies are considered that:

  • Reduce the use of fossil fuels and energy;
  • Increase the use of renewable energy sources;
  • Reduce emissions of NO2 or methane from agricultural processes;
  • Contribute to adaptation to climate change;

And also other technologies that reduce greenhouse gas emissions in other directions: from IT developments that reduce energy consumption to equipment that allows efficient use of resources.

The program is funded by the European Bank for Reconstruction and Development (EBRD) and its Center for Finance and Technology Transfer for Climate Change (FINTECC), with financial support from the European Union. 

The manager of the program that coordinates and implements it is Greencubator.

The Climate Innovation Vouchers project is an award winner Ukrainian Enterprise Promotion Awards (UEPA) 2024 program, initiated by the Ministry of Economy and the Ministry of Digital Transformation of Ukraine, for helping innovative green businesses develop, implement, and scale climate technologies.

Donors The project

EBRD - European Bank for Reconstruction and Development

was created to build a new post-Cold War era in Central and Eastern Europe. It played a historic role and gained unique experience in promoting the development of the region, investing 170 billion euros in more than 6,400 projects.

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FINTEC

Finance and Technology Transfer Center for Climate Change is a program that helps companies in developing countries and countries with economies in transition to implement innovative climate technologies

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European Union

supports FINTECC in Eastern Partnership countries, as part of its EU4CLIMATE initiative, providing grant support of 15.4 million euros, including for "Climate Innovation Vouchers". More here: euneighbours.eu; eu4business.eu.

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Project awards

Ukrainian Enterprise Promotion Awards 2024

The UEPA National Award was initiated by the Ministry of Economy of Ukraine, the Ministry of Digital Transformation of Ukraine and the Office for Entrepreneurship and Export Development with the support of the EU4Business project: SME Policies and Institutions Support project.
project manager

Greencubator: coordinator the Ukrainian ecosystem of "green" technologies

We are waiting for you to help bring your solutions to market faster! With Climate Innovation Vouchers grant funding, you can make your environmental projects more competitive or integrate climate solutions into your business.

2016

FEBRUARY

The EBRD FINTECC Program was launched in Ukraine, which promotes the development of technologies aimed at mitigating the consequences of climate change and adapting to these changes

2017

September

Six Ukrainian companies were selected as part of the Climate Innovation Vouchers (CIVs) Program. The first winners from Kyiv, Dnipro and Lviv received grants totaling 160,000 euros for innovative technologies, starting with the introduction of new building materials and ending with the use of modern billing systems. They became the winners Ecoisme, Elektrokars, Engineering Innovations, Institute of Ecology and Energy Saving, VTS-Set, Ukrcenter-Group, Hempire.

2018

January

During the second selection stage of the "Climate Innovation Vouchers" program, another 10 Ukrainian developers of sustainable technologies received innovation vouchers in the amount of 400,000 euros. Namely: Avtoenterprise, DS Electronics, Ekoprod, ZOND Research and Production Company, Prana Platinum, Rotor-Sumi, SolarGaps, current, xBeam 3D / NGO "Red Wave", Unasco-Ukraine

2018

May

During the third stage of the selection of the "Climate Innovation Vouchers" program, 5 more Ukrainian developers of sustainable technologies receive innovation vouchers in the amount of about 170,000 euros - Investment and financial company "Symvol", GO TO-U, Sirocco Energy, Passive house, Farm "Lymansk". Companies used climate innovation vouchers to further develop and certify their solutions for reducing greenhouse gas emissions, resource efficiency and energy efficiency

2018

October

The forum "Eco-innovations and "green" entrepreneurship: made in Ukraine" was organized, where entrepreneurs, government officials and investors discussed the possibilities of developing eco-innovations and the prospects of Ukrainian "green" export of low-carbon and climate-friendly technologies. The awarding of the winners of the fourth wave of the largest grant program in Ukraine took place, the winners were 6 companies: AGK Ukraine, Istrim, VASolution, BIOsens, Charge Group, Meest Express.

2018

December

At the conference, Greencubator presented the program to support "green" innovations in Ukraine "Climate Innovation Vouchers", and the winning companies PRANA, SolarGaps and "Red Wave" received special awards from the organizers of COP24

2019

April

Greencubator, the EBRD and the EU announced the names of the winners of the V wave of the "Climate Innovation Vouchers" program. They were five Ukrainian companies that received grants in the total amount of 100,000 euros, Delfast, Integro-SD, Integrated complex systems, IOT TRADE, Obolon Oil

2019

October

A forum was held "Empowering Climate INNOVATORS"
During the first stage of implementation of the "Climate Innovation Vouchers" program in Ukraine, 26 companies received grant funding in the total amount of about 1 million euros.

2020

February

Project launch Green Expedition from Ukrainianer about the winners of "Climate Innovation Vouchers"

2021

February

Greencubator gathers the most successful project leaders in the field of clean, climate- and environment-friendly and sustainable technologies for an online conference "Women who drive clean technologies in Ukraine»

2021

May

Start of a new wave of the "Climate Innovation Vouchers" project

2021

September

Award Ceremony of 6 Ukrainian companies The Good Plastic Company, Ekodar, Enzym, Dominion, Viva Victoria, Laboratory of Advanced Jet Engines (LAJP) in the amount of about 240 thousand euros for the promotion of their own green technologies

2022

January

Start of a new wave of the "Climate Innovation Vouchers" project

2022

December

Award ceremony of 13 Ukrainian companies in the amount of about 500,000 euros for the introduction of environmentally friendly technologies. Namely: Re-Leaf Technologies, Input Soft, Meredot, Gardarica Tress, Advansys, Carbominer, PDM Engineering, Teplotechnika Group of Companies, Konoplyani Technologies, S.Lab, AEV Charging Factory, Ecofactor Charge.

2023

January

The project continues to look for "green" champions

2023

July

Start of the third wave of the "Climate Innovation Vouchers" project

2023

October

Start of evaluation of applications of the third wave of the "Climate Innovation Vouchers" project

2024

January

Project launch "The cream of Ukrainian clinker" - a series of stories about 10 Ukrainian companies that received a Climate Innovation Vouchers grant at a key stage of their development

2024

March

Award ceremony 10 Ukrainian companies in the amount of EUR 442,000 thousand for the implementation of environmentally friendly technologies. These are: Microl, Prodekologia, Hajster, RMC Manufacturer Company, One Innovation Water Technologies, Luaz Motors, Agrosolum, ELEEK, K.tex.

2024

August

The Climate Innovation Vouchers project award winner Ukrainian Enterprise Promotion Awards (UEPA) 2024, initiated by the Ministry of Economy and the Ministry of Digital Transformation of Ukraine, for helping innovative green businesses develop, implement and scale climate technologies.

the project continues to look for "green" champions.
To be continued...

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