One consequence of Brexit closed a financing source to UK start-ups on 1 Feb. – but access could re-open if a UK and EU trade deal includes Horizon Europe participation
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
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