The Enhanced European Innovation Council (EIC) pilot supports researchers and innovators developing high-risk, breakthrough innovations with the potential to create new markets and boost jobs, growth and prosperity in Europe. It pilots two new schemes:
The Enhanced EIC pilot also includes other calls and actions such as Fast Track to Innovation (FTI) and the Horizon Prizes.
The Enhanced EIC Pilot Work Programme 2018-2020 under Horizon 2020 aims at facilitating that transition towards a fully-fledged EIC. The Work Programme contains three main novelties:
1. Reformed and simplified funding instruments;
2. A more flexible and pro-active approach to management (needed for high-risk projects and fast evolving technologies and markets); and,
3. A revised governance in the form of an Advisory Board composed of high-level experts from across the European innovation community.
A total amount of around €3 billion will be provided throughout the period 2018-2020 to fund the most talented innovators and help their companies scale up and expand beyond European borders.
The Enhanced EIC pilot is able to support