The European Commission announced on 17 September that it will invest a total of €210 million to 108 innovative projects helping them to reach the market faster.
The funding is provided through the pilot phase of the European Innovation Council, which supports innovators, entrepreneurs, small companies and scientists with ambitious ideas. The projects include a hybrid simulation platform for neurosurgery, a technology replicating the rain process to supply sustainable drinking water, an anti-metastatic cancer vaccine and more.
“Each of the companies receiving funding through the European Innovation Council is offering a solution to a problem that affects the daily lives of Europeans, be it in the area of health, environment, energy and more”, said EU Commissioner for research, science and innovation, Carlos Moedas.
The projects will be funded under two strands (the EIC Accelerator and the Fast Track to Innovation) of the €3 billion pilot of the European Innovation Council, which runs from 2018 to 2020, under the EU research and innovation programme Horizon 2020.
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