Initiated by EBRD and funded by EU this program is Ukraine’s largest grant facility for businesses developing or implementing climate innovation with total available financing of EUR 1 000 000. Greencubator has developed the program design and now manages all the Climate Innovation Vouchers program activities, including beneficiaries outreach, development of service providers network, handling the application and selection process, projects monitoring and results’ evaluation. Ukraine became the first country within EBRD operation area, to launch such a program.
As of April 2019 Climate Innovation Vouchers program has provided grant financing worth approximately EUR 1 000 000 to 30 carefully selected companies. The Program is implemented by the NGO Greencubator, launched as a part of the EBRD program “Finance and Technology Transfer Centre for Climate Change” (FINTECC), funded by the European Union.