Horizon Prizes

EIC Horizon Prizes have the ambitious goal to solve specific major challenges facing society, without detailing how this should be achieved or who should achieve it. They are open for participation to anyone willing to think outside the box across sectors and disciplines. They are awarded to whoever best meets the outlined challenge.

Horizon prizes are part of the European Innovation Council pilot (EIC pilot). This was launched on 27th October 2017 as part of the Horizon 2020 Work programme 2018-2020, when the SME Instrument, the Fast Track to Innovation (FTI), FET-Open and Horizon Prizes, were brought under the EIC pilot umbrella, to provide a 'one stop shop' for funding of innovators/innovations in the EU.

Individual prizes amount to 5 or 10 million euro. The total budget for Horizon Prizes until 2020 is €40 million.

The six challenges to be solved in 2018-2020 revolve around:

  1. 'Innovative Batteries for eVehicles'
  2. 'Fule from the Sun: Artificial Photosynthesis'
  3. 'Early Warning for Epidemics'
  4. 'Blockchain for Social Good'
  5. 'Low-Cost Space Launch'
  6. 'Affordable High-Tech for Humanitarian Aid'

For more information: EIC pilot prizes website