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European Innovation Council
EIC Weekly Media Review
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EIC general news
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Ukrainian science needs coordinated support, German alliance says
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Science Business | 13/06/2024 | In December last year, the European Innovation Council launched a €20 million package of support for start-ups; the European Institute of Innovation and Technology opened a start-up support hub in Kyiv; and a Kyiv Horizon Europe office was opened to help researchers and entrepreneurs access EU research grants.
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Enhancing Cross-Border Collaboration through GovTech and Innovation Procurement
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Joinup | 12/06/2024 | In a recent café, various stakeholders from the GovTech4All project and the SPIN4EIC initiative came together to discuss ongoing projects, potential collaborations, and future plans. The European Innovation Council (EIC) Innovation Procurement program powered by SPIN4EIC aims to establish EIC as the center of excellence on innovation procurement focusing on the supply side.
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EIC Accelerator
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Quantum technology company Orange Quantum Systems raises investment from InnovationQuarter
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InnovationQuarter | 11/06/2024 | In the summer of 2023, OrangeQS raised €1.5 million from QDNL Participations and Cottonwood Technology Fund. In addition to this investment round, OrangeQS received the EIC Accelerator grant from the European Innovation Council.
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Electric-field nanobubbles for agriculture
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Open Access Government | 13/06/2024 | Since 2020-21, AquaB has been developing TRL 4-8 NB generators, aided by its European Innovation Council (EIC) Accelerator Grant – and has been performing crop-agriculture trials since then, in both hydroponic and soil environments.
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Orrick with Neva SGR for the BetaGlue round
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NT Plus Diritto - Il Sole 24 Ore | 12/06/2024 | BetaGlue, a clinical-stage company developing a novel radiotherapy for the localized and targeted treatment of solid tumors, has announced the completion of a further investment round of €8 million from existing and new investors. The funds, together with those from the recently announced EIC Accelerator Award of €10 million, will be used to accelerate the development of the innovative YntraDose radiotherapy platform.
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Industry urges progress on EU biotech initiative
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Science Business | 13/06/2024 | The Commission wants to help companies scale up and attract private investment by including specific challenges in biotech and biomanufacturing in the European Innovation Council (EIC) accelerator work programme for 2025. It is also planning to study ways to support the consolidation of investment funds, stock exchanges and post-trading infrastructure.
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Cutting edge Nottingham company pioneering exciting scaled-up climate change solutions welcomes two new chemists to its R&D team
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UK News Group | 09/06/2024 | The company, which recently won nearly €2.5million in funding through the European Innovation Council Accelerator programme, is pioneering the manufacture of metal-organic frameworks (MOFs) on an industrial scale.
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EIC Transition
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Contributions to the development of new technologies
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Meccanica News | 11/06/2024 | The EIC Transition Open 2024 call aims to support innovation activities that go beyond experimental demonstration in the laboratory. The total budget amounts to 94,553,849 euros, with plans to finance about 36 project proposals. Applications can be submitted until September 18, 2024.
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EIC Fund
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Slovakia Pharmaceuticals Key View
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Business Monitor Online | 11/06/2024 | On March 4 2024, the Bratislava-based medtech startup, Powerful Medical, secured a EUR7.5mn investment from the European Innovation Council, with a EUR2.5mn grant and a EUR5mn investment, in recognition of its innovative AI-driven ECG platform, PMcardio, for accurate early diagnosis of cardiovascular diseases
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Xeltis receives IDE approval from FDA for initiation of US pivotal trial for aXess™, its restorative vascular access conduit
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Cardiac Vascular News | 13/06/2024 | Xeltis is based in The Netherlands and the USA. Its investors include DaVita Venture Group, EQT Life Sciences, Kurma Partners, VI Partners, Ysios Capital, Grand Pharma Group, the European Innovation Council and Invest-NL, in addition to other public and private investors.
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EIC Board
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Francesco Profumo appointed President of Quadrivio Group
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Arena Digitale | 13/06/2024 | Quadrivio Group , a company that has been operating in the world of Private Equity for 25 years, has appointed Francesco Profumo President of the Board of Directors of Quadrivio Group Italy Srl. More recently he was appointed Member of the European Innovation Council of the European Commission and is currently also President of Isybank, the digital bank of the Intesa Sanpaolo group.
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Events
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CES Unveiled in Amsterdam Partners with European Innovation Council, Showcasing Europe's Technology Leadership
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PR Newswire | 13/06/2024 | The Consumer Technology Association® (CTA), the owner and producer of CES®, the world's most powerful tech event, is announcing a new partnership with the European Commission's European Innovation Council (EIC) for this year'sCES Unveiledin Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024.
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June 25 - Conference on access to financing and business growth
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Horizonte Europa | 11/06/2024 | In the first presentation, the different instruments that it has to support business R&D&I will be discussed, as well as those aimed at business entrepreneurship, and in a second presentation, it will focus on commenting on both the EIC Accelerator program, as well as the different services that CDTI offers to Spanish entities to participate in this EIC Accelerator program that is within Horizon Europe financed by the European Commission.
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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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