Business, Startups & Finance

Top Grant Programs for Climate Tech Founders in Europe and US

A curated collection of prestigious grant programs and non-dilutive funding opportunities specifically designed to support early-stage climate technology startups. These resources provide critical capital for deep tech innovation, decarbonization efforts, and sustainable infrastructure development without requiring equity stakes.

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Breakthrough Energy Fellows

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Founded by Bill Gates, this prestigious program provides significant non-dilutive funding to PhD-level entrepreneurs developing hard-to-abate solutions like green hydrogen and sustainable aviation fuel. It targets founders with deep technical expertise working on industrial-scale climate impact.

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SBIR Phase I Grants (US)

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The Small Business Innovation Research program offers federal funding to small businesses to conduct R&D with commercialization potential. Numerous agencies including DOE and NSF have specific tracks for energy efficiency, renewable energy, and climate resilience technologies.

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Horizon Europe Cluster 5 & 6

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The EU's flagship funding program supports innovation in smart, green, and inclusive societies. It offers substantial grants for collaborative R&D projects focused on climate neutrality, circular economy, and sustainable industry across European partner organizations.

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Innovation Fund (EU)

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Financed by the EU Emissions Trading System revenues, this fund provides large-scale grants for demonstration of innovative low-carbon technologies. It is particularly suited for mid-to-late-stage climate tech startups developing commercial-scale solutions in energy and industry.

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CLEI Capital

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The Climate Lending and Equity Investment vehicle offers non-dilutive funding and patient capital to climate-focused startups in the US and Europe. It specifically targets companies in the critical minerals, clean energy, and climate adaptation sectors.

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US DOE Loan Programs Office

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While technically loans, the LPO offers non-dilutive capital for commercial-scale deployment of energy technology. It is crucial for deep tech climate founders who have moved past R&D but lack the balance sheet for traditional bank financing for large infrastructure projects.

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MIT Climate & Sustainability Consortium

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This consortium provides funding, resources, and networking for startups engaged in climate solutions. It offers access to MIT's vast research ecosystem and grants for student-founded or spun-out ventures working on carbon capture and sustainable materials.

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Carbon 180 Grant Program

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Carbon 180 supports early-stage companies developing carbon removal technologies through direct grants and strategic partnerships. It focuses on scaling novel solutions for permanent carbon storage and reduction, providing critical non-dilutive capital for pre-commercial stages.

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Elrond Climate Tech Grant

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A grant program specifically aimed at supporting climate tech entrepreneurs who are building tools to measure, monitor, and reduce greenhouse gas emissions. It targets software-based climate solutions and data infrastructure providers.

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Nesta Climate & Nature Program

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Based in the UK but influential in Europe, Nesta provides grants and access to networks for social enterprises and startups tackling climate change. It emphasizes open innovation and supports projects that require early-stage validation and prototyping.

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Shell Foundation Grants

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The Shell Foundation supports social enterprises and startups developing innovative solutions for sustainable energy and climate resilience in emerging markets. It offers flexible, non-dilutive funding to help early-stage companies reach viability and scale.

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EIT InnoEnergy

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Europe's largest innovation community for energy offers grants, mentorship, and acceleration for climate tech startups. It focuses on the entire innovation chain, providing support for startups developing smart grid tech, renewable energy integration, and energy efficiency.

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NSF I-Corps: Climate & Sustainability

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This program provides funding and training to academic teams to validate the commercial potential of their climate technologies. It is essential for university spinouts in the US who need to prove market fit before seeking venture capital.

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Global Innovation Fund

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An independent venture philanthropic organization that invests in solutions for the world's poorest people, including many climate adaptation projects. It offers grants and equity investments for innovations in clean energy, agriculture, and water security.

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Climate-KIC Grants

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Now part of EIT Climate-KIC, this program offers substantial grants and access to a vast European network for climate entrepreneurs. It supports startups across the value chain, from renewable energy to sustainable consumption and mobility.

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Clean Energy Ministerial (CEM) Mission Innovation

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While primarily a government partnership, Mission Innovation facilitates funding mechanisms and collaborative grants for clean energy R&D. Startups can access international networks and joint funding opportunities through participating national programs.

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Y Combinator Climate Fellowship

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Y Combinator runs a specific track and fellowship for climate tech founders, offering standard startup funding plus specialized mentorship. It is highly competitive but provides unparalleled access to the broader startup ecosystem and follow-on funding networks.

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European Research Council (ERC) Proof of Concept

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For researchers transitioning to startups, ERC grants provide non-dilutive funding to bridge the gap between research and market application. It is ideal for deep tech climate innovations with strong scientific backing originating from European universities.

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Clean Energy Transition Accelerator (CETA)

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CETA provides grants and mentorship to startups developing technologies that accelerate the transition to clean energy. It focuses on digitalization of energy systems, smart grids, and innovative energy storage solutions.

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Sustainable Technology Accelerator (STA)

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Supported by various international partners, STA offers grants and incubation to startups with innovative technologies for climate change mitigation. It provides seed funding and strategic support for projects spanning renewable energy, energy efficiency, and carbon management.