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.
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