The European Innovation Council operates at the forefront of scientific and technological developments. This ambition is underlined by the EIC Tech Report 2023 highlights novel technologies and innovations submitted to the EIC under Horizon Europe. The report has an emphasis on early-stage research projects, funded following extensive independent expert review. It also includes some areas of technology that have attracted high quality proposals, but that are not funded to date by the EIC. It relies on a range of inputs and the views and insights of EIC Programme Managers and covers a wide range of topics: digital technologies, industry and space, cleantech and health.
The analysis shared in the report will help inform future explorations of the EIC portfolio, mapping internal EIC data to global trends based on patents, publications, funding and investments.
The report is available here.
Background information
The European Innovation Council (EIC) has been established under the EU Horizon Europe programme. It has a budget of €10.1 billion to support game changing innovations throughout the lifecycle from early stage research, to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs.
A unique feature of the EIC is that it provides funding for individual companies (mainly startups and SMEs) through both grants and investments. The investments currently take the form of direct equity or quasi-equity investments and are managed by the EIC Fund.
It is the second EIC Tech Report. The first one, published in 2022, presented a number of emerging technologies and breakthrough innovations that have been identified during a first identification process conducted in 2021.
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