European Commission welcomes applications of startups and SMEs with solutions to tackle Coronavirus outbreak
Startups and small and medium-sized enterprises (SMEs) that have technologies and innovations that could help the treatment, testing, monitoring or other aspects of the coronavirus outbreak can apply now for the EIC Accelerator, part of the European Innovation Council (EIC) pilot.
The European Commission is calling for startups and SMEs to apply to the next round of funding of the EIC Accelerator, which has a budget of €164m. Applications are welcome until Wednesday, 18th of March at 17h (Brussels local time).
According to the EC, this is a “bottom-up” strategy with no predefined thematic priorities. Applicants with relevant innovations to tackle the Coronavirus outbreak will go through the same evaluation criteria as other applicants.
However, in the case of the Coronavirus recent developments, the Commission will fast track the awarding of EIC grants and blended finance (combining grant and equity investment) to Coronavirus relevant innovations. The Commission is also looking to facilitate access to other funding and investment sources.
Click here to learn more about how to apply for this opportunity.