European Innovation Council pilot – €176 million to 38 start-ups and SMEs set to shape the future
The European Commission has selected 38 of Europe’s most promising start-ups and SMEs to receive funding of between €1 and €17 million to develop and scale up ground-breaking innovations in Europe. This is the last round of funding in the pilot phase of the European Innovation Council (EIC) Accelerator and it received over 4200 applications, the highest number ever. The innovations include a revolutionary device for rapid detection of sepsis, innovative robotic sorting technology to reduce hazardous waste and the first indoor plant light that can be controlled cutting energy costs.