European Court of Auditors says the funding scheme for small and medium sized companies is “effective” but makes several recommendations ahead of its morphing into the European Innovation Council in 2021
A total of 39 small businesses win first round of grants and equity from the European Innovation Council, while 36 more receive grants alone, with support totalling €278M
Head of Business Finland welcomes the EIC’s plan to buy shares in small businesses, but warns against distorting the market – and stresses the importance of involving industry large and small in Horizon Europe
A quarter of applicants to the European Innovation Council Accelerator like the idea of the EU investing in their companies, with strongest interest from Spain and Israel
Anita Krohn Traaseth, member of the European Innovation Council’s advisory board, says Europe can take the lead in the coming wave of technology-driven growth
Brussels-based think tank Bruegel says EU must ensure autonomy of European Research Council, find top people to run European Innovation Council and conduct more research with China
Jean-Eric Paquet denies the new Innovation Council will undercut the EU’s 11-year old Institute of Innovation and Technology, as he updates MEPs on preparations for Horizon Europe
Mark Ferguson, newly installed as chief adviser to the EU’s new technology commercialisation body, talks to Science|Business about plans to drive a massive reform of innovation funding in Brussels
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