The European Innovation Council (EIC) is an important initiative under the Horizon Europe program launched by the European Commission. The main goal of the EIC is to identify, develop, and scale innovative technologies and innovations. To support startups and businesses, the program provides funding through four main instruments that cover all stages of the innovation lifecycle: from initial research to investments in ready solutions. Depending on the chosen program, companies can receive between €500,000 and €30 million.
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Innovation Support Programs in the Food System
The EIT Food community is also actively working to accelerate innovation in the food sector, aiming to create a future food system that provides healthy and sustainable products. This program offers opportunities for implementing innovations in food systems and provides grants of up to €1 million per year for a maximum of two years.
Grants for Ukrainian Technology Companies
In Ukraine, the Ukrainian Startup Fund, in collaboration with the Western NIS Enterprise Fund (WNISEF), continues to implement a grant program that supports Ukrainian technology startups. As part of this initiative, $2.5 million is planned to be allocated for funding early-stage startups. Priority areas include blockchain, cybersecurity, energy, ecology, industry, artificial intelligence, and more. Startups can attract between $25,000 and $50,000 depending on their needs and growth prospects.