H2 Revolution
European Grants refer to financial aid provided by the European Union (EU) or associated entities to support various projects, initiatives, or research within EU member states and sometimes beyond. These grants are designed to promote economic development, social inclusion, environmental sustainability, and innovation across Europe. They are often geared toward specific sectors, such as education, healthcare, infrastructure, research and development, and cultural initiatives.
The funding can come from various EU programs, such as Horizon Europe for research and innovation, the European Regional Development Fund (ERDF), or the European Social Fund (ESF). European Grants can be awarded to a wide range of recipients, including governmental bodies, non-profit organizations, universities, and private companies.
Eligibility criteria, application processes, and funding limits vary depending on the specific program or call for proposals. Overall, European Grants aim to foster collaboration, strengthen the EU’s internal market, and address challenges faced by regions and communities within Europe.
Hype Taxi, a hydrogen-only taxi app company based in Europe, has managed to secure €55 million in European grants, surpassing investment from private investors. While ride-hailing apps were gaining popularity…