European Commission appoints top innovation leaders to guide the European Innovation Council

Submitted by Alina Danieles… on 07 July 2019

The European Innovation Council (EIC) was established through the provisional agreement reached in March 2019 by the European Parliament and the Council of the EU on Horizon Europe, as a one-stop-shop for innovation funding to turn science into new business and accelerate the scale-up of companies, a key novelty of the program.

As part of a wider ecosystem that the EU is putting in place to turn science into new business and accelerate the scale-up of innovative companies, a first pilot phase of EIC was launched in October 2017, followed by a reinforced pilot in March 2019 with the objective of funding Europe’s most exciting innovations of our most talented innovators. The European Innovation Council will become a full-fledged reality from 2021 under the next EU research and innovation programme Horizon Europe with a proposed € 10 billion budget.

On 27 June 2019 the Commission appointed the 22 members of the EIC Advisory Board, which will provide strategic leadership to the EIC and published a vacancy notice to recruit the first EIC programme managers, with application deadline on 31 July 2019 at 12.00 CET. 

The same day the Commission announced €149 million for the latest round of 83 SMEs and startups to be awarded EIC Accelerator Pilot grants (previously known as the SME Instrument Phase 2) as well as €164m to 53 new EIC Pathfinder pilot grants for bottom-up high-risk, high-impact research ideas (previously known as FET Open).

Please read the entire article here.

The article was published on 27/06/2019 on website. © European Union, 1995-2019

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