What is the European Innovation Council (EIC)?
Related FAQ
What innovation has C2C-NewCap developed?
C2C-NewCap developed an innovative hybrid supercapacitor that enables trucks to run 100% on electric energy during resting periods, eliminating idling and exten...
What opportunity did the EIC have at the Florida International Medical Expo (FIME)?
The EIC participated in the Overseas Trade Fairs European Pavilion at FIME, which enabled meeting EIC counterparts, promoting to the US market, and receiving ex...
How much EIC support did C2C-NewCap receive and for what purpose?
The EIC Accelerator supported C2C-NewCap from 2017 to 2022 with almost EUR 1.4 million to reach market entry, and an EIC Transition project is underway to devel...
What are the four main strands of the EIC’s Business Acceleration Services?
The four strands are the Corporate Partnership Programme, the Innovation Procurement Partnership Programme, the Investors Partnership Programme, and support for...
What budget does the EIC have?
The EIC has a budget of over EUR 10 billion under the Horizon Europe Programme (2021–2027). Since 2014, EUR 5 billion has been provided through the EIC and its...
What emphasis will the EIC place on materials for energy and environment?
The EIC will emphasise technologies that eliminate the use of critical raw materials or ensure full reuse and minimal environmental footprint, and will support...
What does the Corporate Partnership Programme do?
It connects EIC-funded innovators with large corporates to collaborate, develop new business models and opportunities, and provide innovators with scale, resour...
How many companies and projects has the EIC supported?
From 2014–2021 the EIC supported over 1 600 startups and SMEs, more than 500 technology projects, 503 Pathfinder research projects and 55 Transition projects.
How did the EIC help C2C-NewCap commercially?
According to C2C-NewCap leadership, the EIC provided the support needed to certify the product and prove the business opportunity behind a more sustainable alte...
What is the purpose of the Innovation Procurement Partnership Programme?
It connects EIC innovators with public and private buyers; beneficiaries have met over 100 procurers and 5% of SMEs have sealed a business deal within 12 months...
What impact has the EIC portfolio achieved in valuation and follow-on investment?
EIC-supported companies have a combined portfolio valuation of over EUR 40 billion and have attracted over EUR 10 billion in follow-on investments.
How does the EIC contribute to the EU’s industrial and semiconductor strategy?
The EIC portfolio contributes to the New Industrial Strategy and the Chips Act agenda by focusing on sustainability, reducing power consumption and drastically...

