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2,491 FAQ items
European Innovation Council Impact Report 2023

How did EIC support help VEOWARE?

The EIC enabled two in-orbit demonstration missions that validated the technology and funded an 18-month Go-To-Market project that helped the company win its first clients.

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European Innovation Council Impact Report 2023

How extensive is the EIC’s support for Environmental Technologies?

Environmental Technologies include 58 projects and just under €250 million in associated funding, with nearly €300 million for low-carbon and decarbonization solutions and over €125 million for circular economy technologies.

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European Innovation Council Impact Report 2023

How many Agriculture & Food projects has the EIC funded and what is the funding total?

Over 40 projects have been funded with over €200 million of EIC funding, with a majority under the Accelerator.

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European Innovation Council Impact Report 2023

How many Built Environment projects does the EIC portfolio include and what future calls are expected?

The portfolio features 10 projects (majority under the Accelerator). Pathfinder and Accelerator Challenge calls, including one seeking decarbonized and carbon-negative cement and concrete, are expected to expand activity.

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European Innovation Council Impact Report 2023

How many Energy projects does the EIC portfolio feature and which sub-areas attract the most funding?

The portfolio features 81 Energy-focused projects, with Energy Storage and Batteries attracting over €140 million and Hydrogen attracting over €90 million; much activity sits under the Pathfinder.

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European Innovation Council Impact Report 2023

How much EIC funding has been provided for Space projects?

Over €100 million in support, with a majority of the projects funded under the Accelerator.

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European Innovation Council Impact Report 2023

What are the major funding areas within Health supported by the EIC?

Health is the dominant EIC area: Cell and Gene Therapies have attracted over €250 million; Cancer diagnostics and treatment over €360 million; and pandemic preparedness efforts over €125 million.

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European Innovation Council Impact Report 2023

What does Treble Technologies do and how did EIC support help?

Treble Technologies builds a sound simulation platform combining AI, the metaverse, digital twins and human-computer interfacing; EIC support made the company more attractive to investors and facilitated additional capital and partnerships.

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European Innovation Council Impact Report 2023

What is Infinite Roots and how did the EIC contribute to its growth?

Infinite Roots is a Hamburg biotech producing sustainable food from fermented mushroom mycelium; it secured a $58 million Series B investment round co-led by the EIC and Dr. Hans Riegel Holding (HRH).

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European Innovation Council Impact Report 2023

What is the CATCHER project supported by the EIC Pathfinder?

CATCHER is developing a breakthrough technology to produce energy from atmospheric humidity, using interdisciplinary collaboration across the EU and Ukraine to optimize and scale power conversion for potential grid incorporation.

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European Innovation Council Impact Report 2023

What is the EIC Plug-In scheme and how many programmes are certified?

Launched in 2023, the EIC Plug-In scheme allows funding bodies managing certified national/regional programmes to submit projects directly to the full application stage of the EIC Accelerator; to date 50 programmes from 21 Member States and 3 Associated Countr...

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European Innovation Council Impact Report 2023

What is the scope of EIC activity in Mobility and key focus areas?

Mobility activity is concentrated under the Accelerator with over €150 million in support; key areas include Electric Vehicles & Electrification and Autonomous Vehicles & Drones, each attracting over €50 million.

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European Innovation Council Impact Report 2023

What recent focus has the EIC applied to Agriculture & Food?

Recent efforts include targeting biotech and cell-based food production through a 2024 Challenge call on Precision Nutrition; to date this area has received over €30 million in support.

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European Innovation Council Impact Report 2023

What role will Pathfinder Challenge competitions play for Space?

Challenge competitions under the Pathfinder in 2023 and 2024 are expected to help increase the pipeline of earlier-stage activity in Space.

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European Innovation Council Impact Report 2023

What technology does VEOWARE develop and what problem does it address?

VEOWARE develops next-generation motion control systems and robotics for spacecraft to enable rapid orientation changes for the many satellites that currently lack state-of-the-art motion control.

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European Innovation Council Impact Report 2023

What technology has traceless developed and what funding did it secure?

traceless turns agricultural residues into a renewable, safe, compostable biomaterial with around a 91% lower production and disposal carbon footprint compared to plastics; it closed a €36.6 million financing round to scale to large-scale production.

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European Innovation Council Impact Report 2023

Which European initiatives and bodies does the EIC work with to maximise impact?

The EIC works with the European Research Council (ERC), European Institute of Innovation and Technology (EIT), InvestEU, Horizon Europe, and the Enterprise Europe Network (EEN), and has strengthened partnerships with national innovation agencies.

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European Innovation Council Impact Report 2023

Which thematic areas are listed under Space in Horizon Europe?

Communications & Space-based Connectivity; Earth Observation & Meteorology; Launchers, Propulsion & In-space mobility; Missions, Operations & Space Traffic Management; Servicing, Assembly & Manufacturing; Spacecraft Systems & Technologies; Space Debris & Space...

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European Innovation Council Impact Report 2025

How does the EIC assess emerging energy technologies?

Programme Manager Carina Faber focuses on a holistic assessment framework that integrates technical, economic, environmental and social factors for consistent and transparent evaluation.

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European Innovation Council Impact Report 2025

How does the EIC support flight qualification of space hardware?

The EIC initiates early commercialisation activities and collaborates with DG DEFIS to facilitate in-orbit demonstration/validation (IOD/IOV) launches.

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European Innovation Council Impact Report 2025

How does the EIC work with other EU innovation actors and national agencies?

The EIC builds partnerships with ERC, EIT, InvestEU, Horizon Europe, the Enterprise Europe Network, and national innovation agencies, enabling schemes like EIT Fast Track, national Plug-In projects, and joint business acceleration services.

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European Innovation Council Impact Report 2025

How many EIC projects address Agriculture and Food technologies and what are their goals?

The portfolio spans nearly 80 projects across all TRLs aimed at improving resource efficiency, reducing emissions, and supporting fair livelihoods in line with the EU Farm to Fork Strategy.

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European Innovation Council Impact Report 2025

How many projects does the EIC support in Climate & Environmental Tech and what is an example case?

The EIC has supported over 75 projects in climate and environmental tech. Example: CO2BioClean uses CO2 to produce biodegradable PHA polymers, opened a pilot plant in 2024, and received EIC investment that validated the project and expanded investor networks.

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European Innovation Council Impact Report 2025

How much EIC funding targets novel cancer detection and treatment approaches?

The EIC allocated approximately EUR 500 million for novel approaches to detect and treat cancer.

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