Hamburg earmarks EUR 1 million for corporate climate innovations

27 September 2021
Firms urged to apply now - deadline on November 1

The Ministry for the Environment has earmarked EUR 1 million to help companies identify potential for environmental and climate protection measures, a press release said Thursday (September 23, 2021). The scheme gives companies leeway to conduct a so-called "green potential screening" to identify possible means of reducing emissions and costs and generating new ideas for climate protection. Applications can be submitted via the Hamburgische Investitions- und Förderbank (IFB Hamburg) until the deadline on November 1, 2021 at the latest so that decisions can be reached this year.

Innovative climate protection ideas

Speed and inventiveness are the order of the day in terms of climate protection,according to Jens Kerstan, Senator for the Environment. "The funds for green potential screening should incentivize new thinking and innovations in processes, product development and production." The focus will be on gauging the need for action in resources and energy efficiency as well as a circular economy followed by R&D projects, which will in turn receive funding. "I hope for great interest and clever ideas. Perhaps some of them can even become climate protection export hits from Hamburg," Kerstan added.

Applications open to companies of all sizes 

This latest scheme is part of the ministry's "PROFI Umwelt" plan to promote the development of innovative environmental technologies in firms with IFB Hamburg. Applications are invited from companies of all sizes, sectors and technologies and from those co-operating with universities and research institutions across the city. 


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



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