European Commission - European Innovation Council Tech report 2023 is out
Source: https://lnkd.in/gAa8FNYT
#europe #eic #emergingtech #2023report #landscape #outlook
Highlights:
Deep tech innovations are rooted in cutting edge science, technology and engineering and have the potential to deliver transformative solutions that can address the most pressing societal challenges and achieve key policy ambitions such as those surrounding the twin Green and Digital transitions.
As underlined in the Commission’s New European Innovation Agenda, Europe is well placed to lead on deep tech innovation. The European Innovation Council (EIC), a European Commission initiative and part of the Horizon Europe program, was established as a flagship initiative to identify, develop and scale up emerging deep technologies and breakthrough innovations.
With over €10 billion of funding, the EIC supports the most talented and visionary European researchers and entrepreneurs, along the path from ground-breaking ideas to success in EU and global markets.
Support from the EIC is delivered through a mix of Open and Challenge-based calls under three core schemes: EIC Pathfinder supports deep tech research and development; EIC Transition carries ideas from lab to business; EIC Accelerator supports startup development and scaling up, including through the EIC Fund which provides investments from seed to early growth.
These schemes build on a history of funding for emerging technologies and innovations through the Future and Emerging Technologies (FET) programme, the SME instrument, and EIC Pilot activities under the Horizon 2020 Programme. The EIC has also adopted a new way of managing its funding: high-level domain experts, EIC Programme Managers, develop ambitious proposals for future breakthrough technologies and innovations and manage one or more EIC portfolios to help achieve these goals.
To date, under Horizon Europe, the EIC has attracted over 10 000 proposals across its three core programmes and funded over 700 projects. This has enabled the EIC to build on and develop a strong portfolio of activity in technological and economic sectors critical to Europe’s future strategic autonomy and prosperity, such as renewable hydrogen, cell and gene therapies, quantum technologies, agrifood, among others.
