About The Sustainability Challenge Fund

Are you planning to invest in a capital project that will boost your green credentials? If so, then The Sustainability Challenge Fund could help you fund your project.

The Sustainability Challenge Fund is valued at €26m (circa £22m), with €13m available for projects in Northern Ireland. This includes €10m from the Shared Island Unit and €3m from Invest NI to help businesses from Northern Ireland decarbonise their sites using demonstrative and innovative solutions.

Applications will be accepted from 12 noon on 12 October 2026 until 12 noon on 13 November 2026. Due to anticipated demand, Invest NI reserves the right to close applications early. 

Project areas we can support

You can apply for funding for projects across the following thematic areas:

Flexible Electrification

  • Decarbonisation of industrial/manufacturing plants
  • Utilisation of existing curtailed energy from renewable sources
  • Long duration energy storage
  • Innovative renewable energy generation

Hard to Abate / ClimateTech / CleanTech

  • Long duration energy storage 
  • E-Fuels 
  • Hydrogen
  • SAF
  • Biogas/Fuels

Water Efficiency

  • Achieve high water-efficiency gains with technology and automation to support sustainable water use through reduction, re-use, recycling and recovery.

Circularity & Resource Efficiency & Bioeconomy 

  • Introducing recycling and recovery technologies for materials, by-products and waste streams for use in your own production processes.
  • Supporting bioeconomy-related demonstrator projects, including those leveraging sustainable biological resources, residues and industrial side-streams.
     

What makes a project eligible?

Eligible projects must: 

  • have the potential to create significant value for the company or industry.
  • address sustainability challenges and deliver an environmental improvement to a manufacturing or industrial site.
  • have a minimum capital project spend of £5m (€6m) and have all project expenditure incurred by 31 December 2030.
  • benefit the All-Island economy on a demonstrative and commercial basis.
  • If successful, your project may be part of an All-Island case study or showcase.

For more information: 

Read our Shared Island Industrial Sustainability Challenge Fund - Guidance Notes (PDF)

Read our Shared Island Industrial Sustainability Challenge Fund - Frequently Asked Questions (PDF)

Who can apply?

You must be an Invest NI client to apply for The Sustainability Challenge Fund.

If you would like more information on becoming a client, see  how we support business and the criteria to become an Invest NI client.

If your business is based in Ireland, please visit Enterprise Ireland.

How to Apply?

As part of this enquiry submission eligible businesses must provide a project synopsis (minimum 2,250 characters). 

Q1 - Is your project based in Northern Ireland?
Q3 - Are you an Invest NI client company?
Q4 - Is your project aligned to one of the following eligible parameters?

  • Circularity and Resource Efficiency and Bioeconomy
  • Flexible Electrification
  • Hard to Abate / Climatetech / Cleantech
  • Water Efficiency
Q5 - Does your project involve at least £5m in capital spending by 31 December 2030?
Q6 - Can you confirm that your project will demonstrably and commercially benefit the all-island economy?
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Based on your answer, your project is located outside of Northern Ireland. If your project is in Ireland please contact your Enterprise Ireland client advisor or Enterprise Ireland National Contact Hub.

Sorry, based on your answers your project does not meet the eligibility criteria for the Shared Island Sustainability Capital Grant.

For more information on becoming an Invest NI client, see how we support business.

Sorry, based on your answers your project does not meet the eligibility criteria for the Shared Island Sustainability Capital Grant.

Learn more about the Shared Island Enterprise Scheme and eligibility criteria in the guidance notes.