11 Ukrainian companies became winners of the fourth wave of the final phase of the project "Climate Innovation Vouchers" - the largest grant competition in Ukraine for innovators in the field of climate-friendly technologies, a kind of Ukrainian climate "Oscar".

Thanks to the support of European Bank for Reconstruction and Development and European Union These companies will receive a total of EUR 384,241 for the development and implementation of green innovations. 

The official award ceremony for the project winners took place at Unit.City in Kyiv. This event was a landmark: in addition to the award ceremony, it presented the results of eight years of Climate Innovation Vouchers in Ukraine, introduced leading grantees, and demonstrated the project's contribution to the development of Ukrainian cleantech.

To celebrate the achievement, the event brought together ecosystem leaders, investors, donors, international partners, and government officials. 

The award ceremony included a panel discussion "Green innovations through war: how Ukraine is shaping Europe's climate future". It was attended by the Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) Anna Zamazeyeva, President of the DiXi Group think tank Olena Pavlenko, co-founder and CEO of Input Soft Anastasia Smyk, climate technology entrepreneur, investor, author of the podcast Another ClimateTech Ryan Grant Little and co-founder of the Greencubator NGO, expert on climate innovation Roman Zinchenko.

Since the start of the project in 2017, more than 50 Ukrainian companies have received support from the EBRD and the EU under the Climate Innovation Vouchers for more than €2 million. 

Henrik WitfeldtHead of the Department for Public Finance, Business Support and Social Policy at the EU Delegation to Ukraine:

"For me, the greatest achievement of the Greencubator and the Climate Innovation Vouchers project is the creation of a space for innovators to meet, share their experiences and develop them further. I believe that this has been the starting point for many of the exciting ideas and innovations that we saw recognized six or seven years ago and that are now blossoming and entering markets in the EU and beyond.

In the current very challenging circumstances, it is especially important for Ukraine to showcase and multiply these positive achievements. We've already seen how defense technology and drones have impacted Ukraine's image, and Climate Innovation Vouchers can similarly highlight other innovations in broader sectors - ones that Ukrainians have the capacity to scale and spread far beyond the country's borders."

The winners of the final wave of the second phase of the project, who will receive grants for the development of climate-friendly technologies, are the following companies:

• №1. Ma'rizhany Hemp Company LLC
  The company grows hemp on an area of 1,630 hectares and processes more than 11,000 tons of stalks into natural fiber and bark annually. The products are used in the textile, construction, nonwovens and agricultural industries and are exported to the domestic market and the EU.
• №2. "Stryi Auto" ALC
  A Ukrainian manufacturer of electric vehicles and specialized platforms with a full production cycle and over 15 years of experience. The flagship is the Karpaty EN31 multifunctional truck, which adapts to different needs and, on the 80%, consists of Ukrainian components.
• №3. IPITY PRODUCTION LTD.
  Specializes in environmentally friendly chemical additives for road construction, including soil stabilization technologies. A new stabilizer based on local raw materials reduces cement use and CO₂ emissions.
• №4. AR.FLO LLC
  Develops iron-flow batteries for long-term energy storage. The technology is environmentally friendly, affordable, does not contain critical raw materials, and provides up to 20 hours of energy storage, making it a key solution for integrating renewable energy sources and balancing power systems. 
• №5. Research and Production Enterprise Alfa-Energo LLC
  The company specializes in engineering solutions for chemical cleaning and energy efficiency of thermal equipment. The innovative CO₂-based reagent replaces aggressive chemicals, reduces corrosion and allows cleaning without dismantling the equipment.
• №6. LLC "VENTOX"
  The company has been producing decentralized ventilation systems with ceramic heat exchangers since 2016. The recovery efficiency reaches 94%, and the equipment meets European standards, including CE certification.
• №7. JUDICIAL HIGHROAD OOO
  Develops infrastructure for the production of renewable hydrogen, drawing on more than 10 years of experience in green energy, including solar and wind projects. In the Volyn region, 310 MW has been allocated for the first stage of a 500 MW hydrogen plant based on electrolyzers.
• №8. ITEK Energodizayn LLC
  Specializes in bioenergy systems. The company designs and manufactures modular hot water and steam boilers using agricultural waste.
• №9. CARBONEX UKRAINE LTD.
  It helps agricultural producers obtain carbon credits through the implementation of sustainable management practices, conducts farm audits, assesses the potential for reducing CO₂ emissions, prepares project documentation, and supports the process of validation and verification according to international standards (Verra VCS).
• №10. HYDROGEN OF UKRAINE LLC
  Focuses on renewable hydrogen and its derivatives, including green ammonia and methanol. The company is creating a SaaS platform for verifying the origin of hydrogen using blockchain and digital twin technologies.
• №11. First Hemp Corporation LLC
  Reviving the industrial hemp sector in Ukraine. The company has built the first modern cannabis processing plant and is developing a two-tiered harvester for taller varieties of cannabis.
  

About the Climate Innovation Vouchers project 

Grant competition "Climate Innovation Vouchers" (Climate Innovation Vouchers) are part of the program EBRD Climate Change Finance and Technology Transfer Center (FINTECC), which is supported by the EU within the initiative EU4CLIMATE. It has been implemented in Ukraine since 2017 NGO "Greencubator".

The competition supports Ukrainian small and medium-sized businesses that reduce greenhouse gas emissions, improve energy efficiency and prevent climate change. 

Winning companies can use the voucher to develop and implement green innovations at various stages of their business, from intellectual property protection and industrial prototype design to product certification and design of their production facilities. Grants of up to €50,000 cover 75% of the costs of the services claimed. 

In 2024, the Climate Innovation Vouchers project became the national winner of the European Enterprise Promotion Awards for his contribution to the development of entrepreneurship in Ukraine and received an award at the European level in the nomination "Promoting Sustainable Transition".

The vouchers helped create key technologies that are at the heart of many Ukrainian green innovations. Among them. TOKA, GO TO-U, Ecofactor - leaders among operators of electric mobility solutions; S. Lab - is an industrial-scale producer of eco-friendly packaging; Frendt - solutions for precision farming; Releaf Paper - producers of paper from fallen leaves; The Good Plastic Company - innovative design solutions with recycled plastic panels, etc.

Since its launch in 2017, the Climate Innovation Vouchers have become Ukraine's largest grant competition for green innovations: more than fifty Ukrainian companies have received support of more than €2 million. In the final wave of the second phase, 11 more innovators will receive grants to develop climate-friendly technologies.