EU projects – Technology Scouting – Business Innovation

European Innovation Council (EIC): the biggest annual funding opportunities for innovators to scale up and capture global markets

The European Commission adopted the 2022 work programme of the European Innovation Council. It opens funding opportunities worth over €1.7 billion in 2022 for innovators to improve and create new markets.

It will also focus on innovation in:

  • Quantum computing
  • New generation batteries
  • Gene therapy.

Launched in March 2021 as a major novelty of the Horizon Europe programme, the EIC has a total budget of over €10 billion between 2021 and 2027.

The 2022 work programme of the EIC has several new elements, simplifying the application process and contributing to EU policies such as:

  • A new EIC Scale-Up 100 initiatives (with having already supported over 2600 SMEs and start-ups in the past since 2018, the aim is to identify 100 promising deep tech EU companies that have the potential to become “unicorns”)
  • Equity investments above €15 million
  • Stronger support to women innovators

To read full article, visit European Innovation Council newsroom.