Companies in Hamburg seek funding for climate efforts - apply now

9 November 2023

IFB Hamburg's "Green Potential Screening" examines and supports climate and environmental protection potential

Applications for IFB's "Green Potential Screening" are being accepted until the deadline of December 20, 2023. The scheme examines the feasibility of Hamburg-based companies' climate protection efforts. Qualifying companies receive up to 70 per cent of the requested amount for their project. Emphasis is on the circular economy as well as resource and energy efficiency.

Innovations for resource, energy efficiency and circular economy

The "Green Potential Screening" feasibility scheme identifies the innovation potential for climate and environmental protection and selects effective and promising projects. The scheme also identifies possible savings and means of reducing the impact on the environment e.g., in terms of resources, energy, product life cycle and CO2. This would form the basis of a subsequent R&D project. Feasibility will be examined using internal company resources e.g., production or product development and can be supplemented by external scientific experts.

Grants of up to EUR 85,000 available

Individual projects lasting four to 18 months are subsidized with up to EUR to 85,000 and co-operative projects with up to EUR 125,000. Universities and research institutions in Hamburg are eligible to apply as partners of an applicant company, which must be permanently based in the city to qualify for the "Green Potential Screening". Applicants that submit their application by the deadline will be notified in Q1 of 2024.

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Sources and further information

IFB Hamburg

The Hamburgische Investitions- und Förderbank (IFB Hamburg) supports housing and economic development as well as environmental protection and innovation projects. IFB Hamburg is the main point of contact for private individuals, companies and institutions in Hamburg and advises about all of Hamburg's funding offers and those of the German government and the European Union. More information can be found on: www.ifbhh.de.