European Innovation Council (EIC) pilot

  • In this phase of the SME Instrument, each project will receive up to €2.5 million to finance innovation activities like demonstration, testing, piloting and scaling up. The companies will also benefit from 12 days of free business coaching and acceleration services.

    The biggest number of proposals for this batch were submitted by Spanish applicants (266), followed closely by Italian (182) and Israeli applicants (136).

  • Tesvolt has developed a lithium-ion battery system based on high-voltage technology, which is said to gain in efficiency and improve the battery’s lifespan. Tesvolt’s batteries will reach a service life of 30 years, or the equivalent of 8,000 complete charge cycles with a 100% depth of discharge, thanks to its system. The technology is also expected to slash electricity storage costs by more than a half.

  • A total of 20 companies funded by the EIC pilot have been selected do pitch their business and engage into one-to-one business development meetings with top Medtronic corporate representatives in Switzerland. All the companies selected are working on innovative approaches to medical devices and therapies, mobile and remote health, patient engagement, diagnostics, artificial intelligence, augmented and virtual reality, data analytics and robotics.

  • Plastic packaging is everywhere, from toiletries to disposable coffee cups to fruit and vegetables. Of the 78 million tonnes of plastic produced for packaging each year, more than 30 % ends up polluting the environment, with much of it turning up in the ocean where it has a devastating effect on marine wildlife.

  • Connecting SMEs with large corporates is the underlying strategy of the Corporate Days organised by the EIC pilot Business Acceleration Services.

  • The 32nd edition of Metalex officially opened on 21 November in Bangkok, with the first ever European Pavilion at the fair hosting 14 selected innovative European companies funded by the European Innovation Council (EIC) pilot. The Pavilion was inaugurated by Isabelle De Stobbeleir, Trade Counsellor at the European Union Delegation to Thailand.

  • The SMEs selected for this Corporate Day have demonstrated innovative approaches regarding sustainable and healthy food and beverages production and packaging. At the event, they will have the chance to meet with top Sonae representatives and network with like-minded innovators from Sonae’s partners ecosystem such as Continente Producers Club Companies.

  • The European air transport industry is witnessing considerable growth which, in turn, is increasing pressure on border-control procedures to perform fast while ensuring travellers are safe and secure. To speed-up the process and reduce waiting lines, Vision-Box is a highly secure biometric token, which can be stored on smartphones, to safeguard the user’s personal data by keeping it private and confidential. The token extends along the terms of general data protection, ensuring full respect of the principles of ‘privacy by design’.

  • One of the objectives of the Business Acceleration Services available to companies funded by the EIC pilot is to help bridge the gap between SMEs and big corporates. The idea is to provide smaller companies with the opportunity to build a relationship with a potential major client or finance partner. On the other hand, big companies can find out about new ideas early on and perhaps partner with, invest in, or learn from today's most innovative European entrepreneurs.

  • The headset built by Varjo Technologies, a Finnish start-up funded by the European Innovation Council pilot, is the first in the world to bring human-sight resolution to virtual and mixed reality (VR/XR). With 50 megapixels per eye, the resolution is over twenty times more precise than existing consumer devices.

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