A total of 257 small and medium-sized companies (SMEs) from 31 countries have been selected for funding in the latest round of the SME Instrument Phase 1, which is part of the recently launched European Innovation Council (EIC) pilot.
The European Commission, advised by the European Investment Bank, is initiating a new bioeconomy fund, with €100 million in EU funding, that is due to start by the end of 2018.
Engineering and manufacturing technologies stand at the forefront of the next generation of innovations.
Open innovation, open science and open to the world are the three main policy goals for European research and innovation.
Fifty-seven companies have been selected for funding under the latest round of the SME Instrument, that is now part of the European Innovation Council (EIC).