European Innovation Council Fund First Equity Investments For A Total

The EIC Fund - the equity investment arm of the European Innovation Council (EIC), which is a key component of the New European Innovation Agenda to identify, develop and scale up deep tech innovations, has taken 35 investment decisions, the first batch under Horizon Europe.

Nov 17, 2022 Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, announced today at the Slush start-up event in Helsinki that the European Innovation Council (EIC) Fund has taken 35 investment decisions since the appointment of an external fund manager on 29 September 2022. Out of the 35 investment decisions, two have been already followed by investment agreements with the ...

Nov 24, 2022 European Innovation Council Fund: First Equity Investments For A Total Of 190 Million Under Horizon Europe

Nov 22, 2022 The EIC Fund the equity investment arm of the European Innovation Council (EIC), which is a key component of the New European Innovation Agenda to identify, develop and scale up deep tech innovations, has taken 35 investment decisions, the first batch under Horizon Europe.

Nov 17, 2022 The EIC Fund is fully engaged to deal with the backlog of equity investments. Background. With the appointment of an external fund manager back in September, the Commission has taken a major step in restructuring the European Innovation Council Fund.

Jan 7, 2021 The European Investment Council (EIC) fund is poised to directly invest around 178 million in 42 start-ups, acquiring 10 - 25% stakes for between 500,000 - 15 million each. These will be the EUs first ever direct investments in SMEs, marking a step towards the EIC becoming one of Europes biggest venture capital funds.

Jan 6, 2021 The European Commission has made its first direct equity investments into startups backing 42 companies from around Europe in an attempt to plug the funding gap and boost innovation on the continent. Under the new European Innovation Council Fund, each of the companies will receive between 500,000 and 15m, with 178m invested ...

This is the first time the European Commission will make such direct equity investments in companies, with ownership stakes expected to be in general from 10% to 25% in start-up companies. The European Investment Bank, as advisors of the EIC Fund on behalf of the European Commission, will manage the ownership stakes of the European Commission.

Apr 11, 2024 Representatives of the projects met on 11 April 2024 in Brussels at the Innovation Fund Cleantech Conference. These highly innovative projects were allocated a total amount of over 3.4 billion of funding following the third large scale call under the Innovation Fund, one of the worlds largest funding programmes for the demonstration of innovative low and zero-carbon technologies.

Established in June 2020, the European Innovation Council Fund (EIC Fund) is a breakthrough initiative of the European Commission to make direct equity and quasi-equity investments (between 0.5 and 15 million) in European high impact and deep tech start-ups and scale-ups.

6 days ago The Innovation Funds 2023 call for proposals for net-zero technologies (IF23 Call) has received 337 applications from 27 countries. These proposals will compete for the calls 4 billion budget to support the deployment of innovative clean technologies using revenues from the EU Emissions Trading System (ETS ).

Nov 18, 2022 The EIC Fund the equity investment arm of the European Innovation Council (EIC), which is a key component of the New European Innovation Agenda to identify, develop and scale up deep tech innovations, has taken 35 investment decisions, the first batch under Horizon Europe.

Jan 7, 2021 Established in June 2020, the European Innovation Council (EIC) Fund is a breakthrough initiative of the Commission to make direct equity and quasi-equity investments (between 500.000 and 15 million) in the capital of start-ups and SMEs. It is first of its kind in terms of EU intervention in direct equity-type investments.

European Innovation Council Fund: first equity investments of 178 million in breakthrough innovations Brussels, 6 January 2021 The Commission has announced today the first round of direct equity investment through the new European Innovation Council (EIC) Fund. 42 highly innovative start-ups and small and medium-

Jul 7, 2023 The EIC fund provides equity investments of 500,000 to 15 million for companies through its Accelerator instrument for developing and scaling up innovations. The Commission said on 6 July that since it launched, the EIC equity fund had approved 268 investments into deep-tech companies, totalling 1.4 billion.

1 billion approved investments by the EIC Fund in 159 companies since 2022. Leveraging private co-investment. Co-investment leverage of 3 | 43.05 billion combined portfolio valuation. Scaling up innovations. 10 EIC-backed unicorns | 112 EIC-backed centaurs | 665 research projects. Fostering woman entrepreneurship.

Apr 11, 2024 The investment fund managed by Switzerland-based INOKS Capital has a target size of between 150 million and 300 million and plans to hold a first closing for professional investors in 2024. It is an innovative investment fund with the goal of accelerating the transition to a fairer and more sustainable agri-food system in Europe.

The EIC Fund is the venture arm of the European Innovation Council (EIC). It was set up as a capital fund under private law with the European Commission as a shareholder to fund companies selected under the EIC Accelerator .

Jan 7, 2021 The Commission has announced on 6 January 2021 the first round of direct equity investment through the new European Innovation Council (EIC) Fund. 42 highly innovative start-ups and small and medium-sized businesses (SMEs) will together receive equity financing of around 178 million to develop and scale up breakthrough innovations in health, ci...

6 days ago The European Social Innovation Competition is open for applications until 11 June 2024 (17:00 CET) on the Funding & Tenders portal. Background. The European Social Innovation Competition is supported by the European Innovation Council (EIC) under Horizon Europe, the EUs research and innovation programme. Its goal is to stimulate the ...