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EUROPEAN INNOVATION COUNCIL: €2 BILLION TO ACCELERATE ITS IMPLEMENTATION

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Published on: 18-03-2019 Back


   In view of the European Council's debate on innovation, industry and competitiveness, scheduled on       21st and 22nd March, the European Commission is taking decisive steps to set up a European       Innovation Council.

 The Juncker Commission is in the process of setting up a European Innovation Council (EIC) to transfer   European scientific discoveries to companies capable of rapid development. The European Innovation     Council, currently in a pilot phase, will become a reality from 2021 onwards as part of the next EU           Research and Innovation Programme "Horizon Europe".
 In 2017, the Commission launched a pilot phase for the creation of the European Innovation Council,       organising competitions and individual interviews to identify and finance Europe's most innovative start-   ups and SMEs. Since then, 1276 highly innovative projects have already received total funding of €730     million.

 For more info click here


 
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