European Innovation Council Fund Set To Be Fully Operational European
Result for: European Innovation Council Fund Set To Be Fully Operational European
29 September 2022. The Commission has taken a major step in the restructuring of the European Innovation Council (EIC) Fund with the appointment of an external fund manager to take investment decisions in the 139 start-ups and SMEs selected so far for EIC investments.
Jul 6, 2023 Since its restructuring in September 2022, the EIC Fund has approved a total of 128 investments for deep-tech companies, worth over 786 million, supporting high-risk start-ups to bring their innovative technologies to market and scale up in strategic areas for Europe.
The EIC Fund is now fully operational and up to speed to support high-risk, deep-tech innovative start-ups to bring their innovative technologies to market and scale up. Under the EIC Accelerator, offering grants and equity investments, 313 companies have been selected for support since June 2021.
Monday 18 March 2024 - Tuesday 19 March 2024. Discover. Europes biggest deep-tech investor. 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.
This marks a significant progress and demonstrates that the EIC Fund is now fully operational. Since the appointment of an external fund manager on 28 September 2022, the EIC Fund has taken a total of 71 investment decisions for deep-tech companies, worth over 481 million.
Apr 11, 2022 The European Innovation Council is one of the major novelties of the Horizon Europe Programme. It was set up to support deeptech innovation in Europe from early research, to market deployment and scaling-up. To achieve this three programme parts were designed: The EIC Pathfinder to provide grant-based funding for early research.
Overview News. European Innovation Council Fund set to be fully operational. The Commission has taken a major step in the restructuring of the EIC Fund with the appointment of an external fund manager to take investment decisions in the 139 start-ups and SMEs selected so far for EIC investments. date : 17/10/2022. permalink : Main URL.
Mission Objectives. 3. Carbon Neutral and Circular Blue Economy. Description of the funding initiative. This is the EU's flagship innovation programme with a budget of EUR 10 billion (in 2021 prices) for the period 2021-2027.
Jan 13, 2024 The European Innovation Council (EIC) has been established under the EU Horizon Europe programme. It has a budget of 10.1 billion to support game changing innovations throughout the lifecycle from early stage research, to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs.
Dec 18, 2020 Background. Following the successful EIC pilot phase, the fully-fledged EIC with a budget of 10 billion, will be launched in early 2021 under the next research an innovation programme Horizon Europe (2021-2027). It will include simpler applications, improved funding opportunities and a wider range of supporting services and networks.
Jul 6, 2022 Statement by the EIC Board on the New European Innovation Agenda. Yesterday, the European Commission adopted a New European Innovation Agenda. It will help Europe to develop new technologies with innovation to address the most urgent societal challenges, and to bring them on the market.
Sep 3, 2023 The European Innovation Council Fund (EIC Fund) has taken 42 new investment decisions into deep-tech companies for a total of 331 million since the last announcement in November 2022. 13 companieshave already signed their investment agreements. date : 09/03/2023.
The European Innovation Council became fully operational in 2021. Its role is to fill the financing gap for innovative start-ups and small and medium-sized enterprises (SMEs), in full alignment with the European Commissions recommendation for the establishment of a private public fund specializing in initial public offerings of SMEs.
Feb 14, 2022 Launched in March 2021 as a major novelty of the Horizon Europe programme, the European Innovation Council has a total budget of over 10 billion between 2021 and 2027.
Nov 22, 2022 Document stages in plenary. European Parliament resolution of 22 November 2022 on the implementation of the European Innovation Council ( 2022/2063 (INI)) The European Parliament, having regard to the Treaty on the Functioning of the European Union (TFEU), in particular Title XIX thereof,
Jun 23, 2020 An official entity: European Innovation Council Equity Fund for high-impact innovation. The EIC Fund, which will provide equity from 0.5m to 15m to breakthrough innovation companies selected for EIC Accelerator blended finance support (grant and equity), has become an official entity.
Oct 29, 2020 European Innovation Council invests 191 million in 58 game-changing technologies. Fifty-eight novel, high-impact technologies have been selected in the last round of investment from the European Innovation Council (EIC) Pathfinder Open Pilot, funded under Horizon 2020, the EU research and innovation programme.
October 4, 2022. The Commission has taken a major step in the restructuring of the European Innovation Council (EIC) Fund with the appointment of an external fund manager to take investment decisions in the 139 start-ups and SMEs selected so far for EIC investments.
Mar 18, 2024 The European Innovation Council Impact Report 2023 demonstrates the significant progress the European Innovation Council (EIC) has made to become the investor of choice for European deep tech entrepreneurs. In 2023, the EIC Fund, the investment arm of the EIC concluded over 100 investments in deep tech companies worth around 1.2 billion.
Mar 16, 2023 Mark Ferguson, interim chair of the EIC Board. The European Innovation Councils (EIC) equity fund is to move fully away from in-house European Commission management in September, when it will formally be put in the hands of the European Investment Bank (EIB).
4 days ago The European Innovation Council (EIC) Impact Report 2023 showcases the advancements achieved by the EIC in establishing itself as the preferred investor for European deep tech entrepreneurs. In 2023, the EIC Fund, the investment branch of the EIC, finalised over 100 investments in deep tech companies, totalling around 1.2 billion.
Scalability; Cost-effectiveness. Projects that have not yet reached the required maturity may be eligible for the EUs Project Development Assistance (PDA). WHAT ARE THE DIFFERENCES BETWEEN INNOVATION FUND AND HORIZON 2020? Innovation Fund. Objective: Build and operate large-scale industrial assets with breakthrough technologies.
Mar 20, 2024 Less than two years after its launch, the New European Innovation Agenda (NEIA) is in full swing. According to a report published today by the Commission, 13 out of its 25 actions have been completed while another 12 are ongoing. This ambitious agenda aims at boosting deep tech innovation and untapping innovation potential in Europe through a variety of actions in five flagship areas and with ...
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. Learn more. Co-investment with the EIC Fund.
The Innovation Fund is the EU fund for climate policy, with a focus on energy and industry. It aims to bring to the market solutions to decarbonise European industry and support its transition to climate neutrality while fostering its competitiveness.
3 days ago Wajsberg sheds light on an intriguing facet of the venture ecosystem, noting, "The European Investment Fund is one of the very few entities that can offer [first-time GPs] to start their own fund ...
The European Innovation Council (EIC) has been established under the EU Horizon Europe programme. It has a budget of 10.1 billion to support game changing innovations throughout the lifecycle from early stage research, to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs.
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