The European Innovation Council (EIC) has selected 40 companies from 150 proposals to receive approximately €230M in funding, emphasizing transformative technologies with substantial commercial potential. A significant 87% of these companies will benefit from a blended finance approach, marrying grants and equity investments. Gender diversity is also notable, with 32% of the chosen firms led by women in prominent roles. The selected companies span 16 EU nations, with Germany, Spain, the Netherlands, and Sweden being the most represented. Additionally, a Seal of Excellence is given to 109 other promising proposals that were not funded due to resource constraints, supporting broader access to EU financial opportunities.
The European Innovation Council selected 40 startups and SMEs for around €230M in funding, emphasizing transformative technologies, with a notable 32% led by women.
87% of beneficiaries will receive blended finance combining grants and equity investment, showcasing a strategic approach to support innovative ventures across the EU.
Collection
[
|
...
]