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869 EIC opens €1.2B funding for strategic technologies in 2024

The Next Web
Ioanna Lykiardopoulou @ The Next Web 3 place · 12/13/2023 11:28 EDT

EIC opens €1.2B funding for strategic technologies in 2024

The newly-adopted 2024 work programme of the European Innovation Council (EIC) is opening over €1.2bn in funding opportunities, mainly targeting deep tech startups and SMEs. Under the new scheme, the EIC Fund will receive a capital injection of €585mn to invest in EIC selected companies, leveraging over €2 billion in new investments. The majority of the funding addresses all fields of technology, but €420mn is dedicated to startups and SMEs developing tech for strategic industries, including Generative AI,.

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