European Innovation Council selected 56 new projects under the Pathfinder Open call.
They are the first to be selected under the EIC since its launch in March 2021 and are set to receive up to of EUR 168 million for funding (on average EUR 3 million for each project). They will develop novel technologies for future applications across a very wide range of topics – health, environment, energy, computing and artificial intellligence.
The successful projects were chosen among 868 evaluated proposals, with the highest number of selected applicants coming from Germany, Italy, Spain, and France. The majority of participants originate from higher education and research organisations and 16.5% are SMEs.
Selected projects will receive not only grants, but also access to tailored-made coaching under the EIC business acceleration services.
With its Pathfinder programme, the EIC supports the exploration of bold ideas for radically new technologies. It welcomes the high-risk/high gain and interdisciplinary cutting-edge science collaborations that underpin technological breakthroughs.
Grants of up to EUR 3 to EUR 4 million support early stage development of future technologies (e.g. various activities at low Technology Readiness Levels 1-3), up to proof of concept. As novelties under the fully-fledged EIC, Pathfinder projects benefit from interactions with EIC Programme Managers and can receive additional funding for testing the innovation potential of their research outputs or for working across projects for portfolio actions. In addition, promising results can receive substantial follow up funding through the EIC Transition scheme to create a commercial venture, or use the Fast Track scheme to access the EIC Accelerator for bring innovations to market.
The Pathfinder Open funding has no predefined thematic priorities and is open to proposals in any field of science, technology or application.
Source: European Innovation Council I News (https://bit.ly/3oCydqM)