The delegated regulation on the operation of the Innovation Fund (hereinafter ‘the Regulation’) establishes rules for the implementation of the Fund, in particular organisation of the calls for proposals, the application process, and the selection of projects.
In line with the regulation, the key objectives for this procurement will be to provide the essential documentation and analytical elements for each of the key stages of the first call of the Innovation Fund: application, evaluation, selection, award and monitoring and to provide inputs for the call for proposals documentation for both large-scale and small-scale projects:
(a) draft call for proposals text, including templates for each application phase for large-scale projects:
— expression of interest,
— full application.
(b) guidance documents to applicants, including training material;
(c) FAQ document.
II. Project selection
(a) selection criteria: methodologies for evaluation of:
— degree of innovation,
— project maturity,
(b) selection criteria: checklists and instructions for the evaluators, including training material;
(c) methodology for technical and financial due diligence, including templates and guidance;
(d) ranking methodology.
— based on several combinations of selection criteria, the consultants will recommend the optimal selection and ranking methods with a view to find a balanced portfolio across sectors and technologies.
III. Grant disbursement
(a) inputs to the grant agreement, including:
— milestones, in particular the definition of detailed project-specific conditions for grant disbursement and a methodology for their assessment.
— hedging mechanisms to share price/cost risks,
— verification method of GHG emissions avoidance,
— monitoring and reporting guidance
— knowledge-sharing requirements.
IV. Project development assistance (PDA)
(a) different PDA models;
(b) conditions and procedures for the PDA.
V. Small-scale projects
(a) simplified application procedure;
(b) evaluation procedure for small-scale projects;
(c) draft model grant agreement for small-scale projects;
(d) draft call for proposals text, including templates for each for small-scale projects, including guidance documents to applicants, instructions to evaluators, FAQ document.
VI. Interactions with stakeholders.
(a) the contractor will appropriately involve stakeholders to get their inputs but also test the approaches developed.