You are currently viewing European Innovation Council (EIC) invests €79.3 million in new EIC Transition projects

European Innovation Council (EIC) invests €79.3 million in new EIC Transition projects

The European Innovation Council (EIC) has selected 34 projects following September 2022 EIC Transition cut-off. These successful proposals, selected among 181 eligible submissions, will receive altogether €79.3 million of EU funding (up to €2.5 million each).

The EIC Transition supports both single entities (research teams, SMEs, spin-outs) and small consortia (up to 5 partners from different countries) to mature and validate their novel technologies and to develop a business case and model for the innovation’s future commercialization. The successful participants come from 17 EU Member States and Horizon Europe associated countries.

This latest EIC Transition call included targeted funding for clean energy, green digital devices, and RNA-based therapies and diagnostics for complex or rare genetic diseases technologies as well as open funding for any area of technology. Among the 34 chosen projects, there are:

  • 27 under the open funding,
  • 4 under “Green digital devices for the future” challenge,
  • 2 under “RNA-based therapies and diagnostics for complex or rare genetic diseases” challenge,
  • 1 under “Process and system integration of clean energy technologies” challenge.

Source: European Commission