The European Union plays a major role in accelerating innovation. Through the European Innovation Council (EIC) pilot and Fast Track to Innovation initiatives over €200 million is currently being invested in 108 projects.


“Each of the companies receiving funding through the European Innovation Council is offering a solution to a problem that affects the daily lives of Europeans, be it in the area of health, environment, energy and more. I am delighted to see that the European Innovation Council is already delivering on its promise of supporting innovators with the vision and ability of bringing about positive change in the world,”said Carlos Moedas, Commissioner for Research, Science and Innovation.

Read more about EU funding available to innovators.