Details revealed in leaked work programme for 2023 imply the European Commission expects there will be less money for the innovation funding agency in 2024, after the pandemic recovery fund runs out
EIC was conceived as a bottom up innovation fund, but the move to backing top down and targeted research is now filling gaps that researcher-led projects cannot
The decision is part of the European Parliament’s final position on the 2023 budget. MEPs also vowed to block any attempt by the Commission to siphon off Horizon Europe money to fund the Chips Act or its secure satellite communications scheme
Following the appointment of a fund manager to oversee equity investments, money will finally start flowing to 139 cash-strapped companies. But this is a transitional arrangement, not a full fix, and some MEPs remain sceptical
A Polish member of the European Innovation Council board calls for start-ups in the region to get more public and private funding and better access to networks – and for successful companies to be held up as role models
MEPs have finally lost patience over the 18 month delay in getting the new EU equity fund up and running. But as the gloves came off today, the Commission claimed the solution is in sight
A year and a half since its launch, Commission infighting is holding up EIC Accelerator funding from flowing to EU’s deep tech start-ups. The Board is urging action to unlock the funding, before the delays cause further reputational damage
In a heated debate, MEPs grilled a Commission official after learning decisions on equity financing for start-ups under the EIC Accelerator must now be rubber stamped by the College of Commissioners, the top of the bureaucratic tree in the EU executive
Receive the Funding Newswire each Tuesday, our Policy Bulletin each Thursday, and news about bridging Europe’s east-west innovation gap twice a month in The Widening.
A unique international forum for public research organisations and companies to connect their external engagement with strategic interests around their R&D system.