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European Innovation Council
EIC Weekly Media Review
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Highlights
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Developing Kyiv’s Wartime Startup Scene: Interview with Former Director of Ukrainian Startup Fund
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KyivPost | 06/04/2024 | Pavlo Kartashov, former head of the state-owned Ukrainian Startup Fund, gave Kyiv Post a brief overview of the changing startup landscape in Ukraine over the last five years in an exclusive interview. "As you are probably aware of - he said -, we have a lot of different grant programs which were launched recently. We have a huge project by the European Union, €20 million made available by the European Innovation Council."
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Latvian government calls for EIT to be ‘discontinued’
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Science Business | 09/05/2024 | The Baltic state puts further weight behind a Danish paper recommending the EU axes the European Institute of Innovation & Technology. According to the paper, EIT’s innovation-related activities should be integrated into the European Innovation Council (EIC), while education schemes – such as the Higher Education Initiative (HEI) and the EIT Label – could continue under Erasmus+.
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EIC Prizes
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Linköping finalist with Framtiden's city centre
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Nordic Daily | 06/04/2024 | Linköping is one of three finalists for the Placebrander of the Year award for the work on Framtiden's city centre. The collaboration in Framtiden's city center was also a part of Linköping being the first Swedish city to receive the iCapital Awards and being named 'European Rising Innovative City'.
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Social innovation for digital democracy: 75 thousand euros up for grabs for the best project
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CorCom | 08/05/2024 | The twelfth edition of Eusic, the European Commission award, is underway. For the second and third place 50 thousand and 25 thousand euros. Applications by June 11th, here's how to participate
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European Social Innovation Competition 2024 Open For Applications Until 11 June 2024
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Romania Journal | 08/05/2024 | The Commission launched the 12th edition of the European Social Innovation Competition (EUSIC). Funded by the European Innovation Council (EIC) under Horizon Europe, the prize promotes the potential of social innovation to provide solutions to societal challenges and to foster sustainable and inclusive growth in Europe. This year’s challenge concerns social innovation in “Digital democracy”.
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EIC general news
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“There are a lot of products and some are very easy to access”
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Le Progrès | 07/05/2024 | Interview with Christian Dubarry, head of the Europe Department at Bpifrance, which has become a central operator of European financing in France and Europe.
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Barcelona Science Park companies receive €85.4 million in investment in 2023, 40% of the total in the BioRegion of Catalonia
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APTE | 08/05/2024 | The entrepreneurial community of the Barcelona Science Park, comprising nearly a hundred start-ups and scale-ups that promote innovation in biomedicine and life sciences, continues to grow steadily, attracting investment and strengthening its role as an essential asset for the sector’s growth. The public funding received by the companies of the Barcelona Science Park community in 2023 reached €17.7 million, mainly from the European Commission - through various instruments of the European Innovation Council (EIC) - and from the NextGenerationEU fund, through Spain’s National Recovery and Resilience Plan (NRRP).
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The future of Europe’s research and innovation programmes on the cusp of a new era
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Euractiv.com | 09/05/2024 | With the EU’s current research and innovation programme, Horizon Europe, ending in 2027, the ground is now being set for its successor: one that needs to match the caliber of Europe’s knowledge base with the creativity and precision needed to drive the bloc’s competitiveness for the next decade, write José Manuel Barroso (former President of the European Commission) and Ján Figel (former European Commissioner for Innovation, Research, Culture, Education and Youth, and a current member of the EIT Governing Board).
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EIC Pathfinder
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UZH researching innovative cancer therapy
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SwissTrade | 06/04/2024 | Researchers from the University of Zurich (UZH) are in the process of developing new cancer therapeutics. Known as radiotheranostics, these drugs are designed to pinpoint and eliminate tumors at the same time. The SMARTDrugs projects is being backed by the European Innovation Council with almost 4 million euros in funding.
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Fighting cancer with artificial cells
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SCIENMAG | 06/04/2024 | Fighting cancer with artificial cells that are capable of detecting and treating it. This is the dual objective of a research team of the Department of Cellular, Computational and Integrative Biology – Cibio of UniTrento, which has recently started two European projects funded by the Horizon Europe – EIC Pathfinder Open programme.
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University Of Zurich: Revolutionizing Cancer Treatment With SMARTdrugs
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India Education Diary | 10/05/2024 | The consortium consists of five European teams that bring together complementary skills, technologies and expertise in synthetic chemistry, radiopharmaceutical biology and cancer diagnosis and therapy. Now, SMARTdrugs has been awarded a Pathfinder Open Grant from the European Innovation Council (EIC) of nearly 4 million euros.
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EIC Accelerator
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A spin-off from Tampere University secures €2.4M grant from EIC for quantum laser technology development
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ArcticStartup | 07/05/2024 | Vexlum, a spin-off from the Optoelectronics Research Centre (ORC), Tampere University of Technology, has received a €2.4 million grant from the European Innovation Council (EIC) to further develop its semiconductor laser platform for quantum technology applications.
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Europe propelled Noraker to the stage of industrialisation
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Le Progrès | 07/05/2024 | Winner SME Instrument - now EIC Accelerator - this Lyon-based medtech specialised in bone regeneration financed 70% of its €3.5 million project with European aid between 2019-2023. “It was a great accelerator and gave us real legitimacy,” underlines its CEO Céline Saint Olive Baque.
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Minesto's Dragon 12 power plant reaches three months of trouble-free testing – generating valuable performance and robustness data
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Tanalys Sweden | 08/05/2024 | Minesto, leading Swedish developer of marine energy, announces today that the Dragon 12 tidal dragon has now been successfully connected to the grid for three months and delivered as expected at the production site in Vestmanna, Faroe Islands. With granted development funds of more than 45 million euros from, among others, the European Regional Development Fund, the European Innovation Council and InnoEnergy, Minesto is the EU's largest investment in marine energy.
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Nanotechnologies evolve between ingenuity, sustainability and customization
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Pambianco News | 09/05/2024 | Nanotechnologies are the future of sectors such as automotive, aerospace and transport, called to study materials that guarantee greater performance, high durability and lower consumption of power. Among the protagonists of this revolution is Nano-Tech, a deep tech company from Ascoli Piceno founded in 2016 on the initiative of a group of young engineers, one of the three Italian companies (out of 47) that was awarded the funding allocated by the European EIC Accelerator programme promoted within Horizon Europe to support startups and innovative SMEs.
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AquaBattery raises €6m in seed funding to deploy flow battery technology
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Imperial | 10/05/2024 | AquaBattery, a startup co-founded by Imperial graduate Dr Jiajun Cen, has closed a €6 million seed investment round. The money will support further development of a low-cost, sustainable energy storage solution based on salt water. In 2022, it secured a €2.5 million grant from the European Innovation Council’s Accelerator programme to move its technology forwards.
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EIC Transition
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ProFuse Technology Awarded €2.4 Million EIC Grant to Accelerate Cultivated Meat Production
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PR NewsWire | 08/05/2024 | ProFuse Technology, a leading developer of enabling technologies for the cultivation of muscle tissue, today announced it has been awarded a €2.4 million grant from the European Innovation Council (EIC) Transition programme. This prestigious grant recognizes ProFuse's innovative technology and its potential to revolutionize the cultivated meat industry.
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Cultivated Meat Startup Secures €2.4 Million EU Grant
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NoCamels - Israeli Innovation News | 09/05/2024 | Israeli startup ProFuse Technology, which cultivates meat from cells, has received a €2.4 million grant from the European Innovation Council (EIC) Transition program in recognition of its innovative technology.
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EIC Fund
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EIC updates investment guidelines for ‘game-changing’ tech
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Europe Portfolio Adviser | 09/05/2024 | EIC Fund has approved some 350 investments in deep-tech companies across Europe since June 2020
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EIC Board
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Stargate Hydrogen raises €42M for novel electrolysers, appoints EIC Board member Taavi Madiberk, Skeleton founder, for a top role
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InvestInEstonia | 08/05/2024 | Estonian green hydrogen startup Stargate Hydrogen just raised €42M to scale their innovative electrolyser tech, aiming to bring green hydrogen costs down to €1/kg. The company has also appointed EIC Board member Taavi Madiberk, Founder and CEO of Skeleton Technologies, as a Non-Executive Chairman.
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Events
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Artificial intelligence, sustainability, mobility: The best of tech will meet at Vivatech in May 2024
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Publicis Groupe | 07/05/2024 | The 8th edition of VivaTech, the largest European event dedicated to startups and tech, returns to Paris Porte de Versailles from May 22 to 25. The EIC is one of the Silver Partners of the event.
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This is a newsletter from the European Innovation Council and SMEs Executive Agency (EISMEA)
EIC Weekly Media Review is published every Monday.
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The European Commission is committed to personal data protection. Any personal data is processed in line with the Regulation (EU) 2018/1725. Please read the privacy statement.
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