The European Commission is calling for startups and SMEs with technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak to apply urgently to the next round of funding from the European Innovation Council. The deadline for applications to the EIC Accelerator is 17:00 on Friday 20 March (Brussels local time).
The EIC Accelerator (previously known as SME Instrument) is part of the European Innovation Council (EIC). It’s aim is to support top class innovators, entrepreneurs and small companies with funding opportunities and acceleration services. The main focus of the EIC Accelerator is on market-creating innovations that shape new markets and generate jobs, growth and higher standards of living.
With a budget of €164m, this call is “bottom up”, meaning there are no predefined thematic priorities and applicants with Coronavirus relevant innovations will be evaluated in the same way as other applicants. Nevertheless, the Commission will look to fast track the awarding of EIC grants and blended finance (combining grant and equity investment) to Coronavirus relevant innovations, as well as to facilitate access to other funding and investment sources.
More details are available on the website
source: European Commission
