EIC Fast Track to Innovation to invest €34 million in 14 innovative projects to help them enter the market faster

10/08/2018

The European Commission will support 14 top-class projects to bring their innovations faster onto the market under the European Innovation Council (EIC) pilot. Each project will receive around €2 million from the Fast Track to Innovation strand of the EIC pilot. The 14 projects involve 59 partners, including small and medium-sized companies, industrial partners, universities and non-profit organisations, from 18 countries. With this funding and extra business acceleration support, the projects will be able to finance their close-to-market innovation activities.

Projects selected for funding include a recycling technology to introduce rubber from 'end-of-life' tyres into production lines as virgin rubbers substitute, a system to treat persistent atrial fibrillation, an artificial intelligence tool that improves video quality and limits internet traffic tied to video streaming, and a stirling heat pump for industrial use in high temperatures.

Read more here