HPQ Silicon Inc. announced the signing of a Memorandum of Understanding (MOU) with Impact Funding Europe (IFE), a distinguished expert in international EU grant writing and change management. The objective of the MOU is to leverage HPQ's expertise in green engineering of silica and silicon-based materials and IFE's capability of securing funding under EU programs to advance HPQ's projects. Impact Funding Europe (IFE) EXPERTISE and TRACK RECORD.

IFE, with over 15 years of successful experience in international EU grant writing and innovation management, has been actively involved in recent funding projects such in the energy sector, energy storage, hydrogen, and other green fuels, throughout the whole value chain, from feedstock, production, storage, grid, transformation, and delivery. Their expertise and track record make them an invaluable partner for HPQ Silicon as they navigate the complex landscape of EU funding programs. It's noteworthy that the recent inclusion of Canada as an eligible partner in EU Clean Energy grant funding projects further enhances the potential for fruitful collaboration between HPQ Silicon and IFE in securing funding for innovative projects. Leveraging IFE's grant writing expertise, HPQ Silicon aims to be involved, and build consortia for EU funding programs in these areas, maximising the impact of their joint efforts.

Below are a few upcoming grant funding programs that present a significant opportunity for collaboration betweenHPQ Silicon and IFE. These grants typically offer substantial funding, covering between 60% to 100% of project costs: New Battery Technology: European Battery Alliance (EBA): Centred on establishing a competitive and sustainable battery manufacturing value chain in Europe, EBA presents opportunities for collaboration in battery-related projects. European Battery Innovation (EuBatIn) project: This project supports research and innovation in advanced battery technologies, fostering collaboration in the development of next-generation batteries.

European Innovation Council (EIC): Providing funding and support for high-risk, high-impact innovations, EIC offers opportunities for joint projects focused on innovative battery technology solutions. European Investment Bank (EIB): Offering financing and advisory services for projects aligned with EU policy objectives, EIB provides avenues for financing innovative battery technologies and related initiatives. Green Hydrogen and derivatives.

Horizon Europe (HE): As the EU's largest research and innovation program, Horizon Europe focuses on addressing societal challenges such as climate change and the energy transition. HPQ Silicon intends to explore funding opportunities under the "Clean Hydrogen" mission to advance renewable hydrogen technologies. Innovation Fund (IF): This fund supports large-scale demonstration projects for innovative low-carbon technologies, including hydrogen production and storage.

Connecting Europe Facility (CEF) Energy: Designed to support the development of European energy infrastructure, CEF Energy provides funding for hydrogen infrastructure projects among others. European Regional Development Fund (ERDF): With a focus on renewable energy and sustainable development, ERDF offers funding for various initiatives, including those related to hydrogen. Climate Contracts (CfD): Several member states offer huge grants for industry transformation.

Germany alone offers 25+ Billion EUR annually, and other member states have and will follow. The MOU with IFE, signed in early May 2024, marks a strategic alliance aimed at leveraging expertise, fostering innovation, and maximising impact through EU partnerships and funding. As HPQ Silicon continues to develop sustainable technology solutions, partnerships like these play a pivotal role in accelerating the transition towards a smarter, more sustainable world.