September 23, 2025

Innovation Fund Guide

DIAMONDS4IF is a European Union (EU)-funded project (2024–2026) that helps bridging the gap between Horizon 2020 research results and Innovation Fund (IF) deployment. Its main goal is to transform promising innovations and projects ideas, in the renewable energy sector, into Innovation Fund (IF)-ready projects, supporting the EU’s climate goals and REPowerEU objectives.

The project was initiated by a consortium of five partners – PNO Consultants GmbH (coordinator), Meyer Burger (Industries) GmbH, RWE Offshore Wind GmbH, RAAMS AS and Innovation Engineering Srl – experts in European Funding opportunities, in the photovoltaic and offshore wind sector and in AI-based software.

One goal of DIAMONDS4IF is to submit at least five robust Innovation Fund proposals during the period 2024 and 2026. Other projects outside the initial consortium will also be selected and supported.

For this reason, DIAMONDS4IF has developed an innovative process for continuously searching for new candidates, identifying additional potential project ideas from Horizon 2020 projects and helping them overcome technical, financial and regulatory obstacles. Through customised tools, workshops and feasibility assessments, the project enables candidates to navigate the complex Innovation Fund application process and increase the number of high-quality proposals in the field of renewable energy.

Each chapter of this guide reflects one of the topics covered in our video tutorials published on our YouTube channel ‘Innovation Fund DIAMONDS’.

Each video tutorial details the essential steps of the application process and includes comprehensive explanations, visual representations and useful insights on the most relevant IF topics.

The QR codes will quickly guide you to the YouTube page if you want to listen directly to the advice of our experts. We invite you to follow our channels and activate notifications, so you’ll always be informed about news and updates.