In the dynamic landscape of innovation and entrepreneurship, securing funding is often the key to transforming ground-breaking ideas into reality. Recognizing this critical need, the European Union has introduced the European Innovation Council (EIC) Transition activities Seal of Excellence and the EIC Seal of Excellence. These are quality labels under Horizon Europe, the EU’s research… Continue reading The EIC Seal of Excellence
Tag: eic fundings
EIC 2024 Work Programme: €1.2 Billion in Funding for Innovation
The European Commission 2024 work programme of the European Innovation Council is now on. The programme focuses on strategic technologies and scaling up companies. The emphasis, specifically, is on empowering SMEs and start-ups to foster the development and scaling up of ‘deep tech’ innovations. Critical sectors include generative artificial intelligence (AI), space, critical raw materials,… Continue reading EIC 2024 Work Programme: €1.2 Billion in Funding for Innovation
Horizon Europe’s Initial Funding Gap
The European Commission’s report highlights that Horizon Europe’s initial funding of €95.5 billion fell short by €34 billion to back high-quality proposals from 2021 to 2022. Of all the high-quality proposals, 71% did not receive funding. This demonstrates a slight improvement when compared to the previous framework program, Horizon 2020. In Horizon 2020, 74% of… Continue reading Horizon Europe’s Initial Funding Gap
European Commission Enhances Oversight of Innovation Council
The European Commission enhances oversight of Innovation Council by restructuring its Directorate-General for Research and Innovation (RTD). This restructuring, effective from May, brought notable change. Overall, it shifted oversight of the European Innovation Council (EIC) funding program to the Directorate for the European Research Area and Innovation. This particular directorate is under the leadership of… Continue reading European Commission Enhances Oversight of Innovation Council