Welcome to the Innovation Challenge Fund!

The applications for the 1st call are now open.

Start-up creation and strengthening of the innovation ecosystem in Albania! This is done by offering an opportunity for access to finance through an open, transparent, and competitive application process, which provides applicants with a grant to overcome the uncertainties that inhibit innovation, research, and development. The assumption is that without challenge-fund support, such activities are either unlikely to happen or will occur at a later stage, with reduced developmental effects. Applications are only accepted in English to allow a transparent selection process. The fund is open to innovative start-ups and MSMEs in an early stage of development.