Wednesday, August 15 2018 17:34
Alina Hovhannisyan

EIC will invest 34 million euros to implement top-class IT projects

EIC will invest 34 million euros to implement top-class IT projects

ArmInfo.The European Commission will support 14 top-class projects to bring their  innovations faster onto the market under the European Innovation  Council (EIC) pilot. The initiative is implemented under the EU's  "Horizon 2020" research and innovation financing program for  2018-2020. This was reported by the press service of the Council.

According to the report, 59 partners are involved in these 14  programs, including small and medium-sized enterprises, industrial  partners, universities and non-profit organizations from 18  countries.  It offers up to ?3 million to consortia composed of 3 to  5 partners including small and medium-sized enterprises (SMEs),  industrial participants, research centers, universities, cluster  organisations, industry associations, incubators, investors, and the  public sector.  The scheme is for relatively mature groundbreaking  technologies, concepts and business models that are close to market.  The participants also have access to free business coaching and  acceleration services.  The deadline for submitting applications for  participation in the program is October 23 this year.