In the final part of the EUROPEUM series on the Innovation pillar of Horizon Europe, our Associate Research Fellow Katarína Svitková focuses on the European Innovation Council (EIC), officially launched in March 2021.
Counting with a budget of EUR 10 billion for the period of 2021-2027, EIC becomes the most robust funding platform for connecting innovative research and industry in Europe. The principle of EIC is to support emerging technologies and applications, giving a much-needed starting boost to innovations which require a great deal of funding to start with. The objective is to ensure the applicability and marketability of these innovations, helping companies, job creation and the (local) economies. Almost one third of the EIC budget will be committed to the EIC Equity Fundwhich aims to support scaling up promising startups and SMEs developing breakthrough innovations. From developing nanotechnologies to hydrogen production or smart urban mobility, the objective is to support small businesses to address the currentenvironmental, technological and societal challenges, end help put European companies at the forefront of innovation.
You can read the full policy brief in PDF.#Horizon Europe
Expertise: Climate policy, sustainability, city resilience and urban governance, security policy, international higher education
A series of articles by EUROPEUM's Associate Research Fellow Katarína Svitková, focusing on “Innovative Europe” – the third dimension (or the 3rd pillar) of Horizon Europe. Horizon Europe is the EU's key funding programme for research and innovation.