The Commission has announced the first round of direct equity investment through the new European Innovation Council (EIC) Fund. 42 highly innovative start-ups and small and medium-sized businesses (SMEs) will together receive equity financing of around €178 million to develop and scale up breakthrough innovations in health, circular economy, advanced manufacturing and other areas.

by : europa.eu/newsroom on 2021-01-05 23:00:00

Source link

#European #Innovation #Council #Fund #equity #investments #million #breakthrough #innovations