European Innovation Council (EIC)

According to the European Commission, the EIC aims to identify and support breakthrough technologies and game changing innovations to create new markets and scale up internationally. The EIC is Europe’s flagship innovation programme

to identify, develop and scale up breakthrough technologies

and game changing innovations.

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.

The strategy and implementation of the EIC is steered by the EIC Board, which has independent members appointed from the world of innovation (entrepreneurs, researchers, investors, corporates and others from the innovation ecosystem).

The EIC and SME Executive Agency responsible for supporting the EIC Board and its President, and for implementing the EIC’s activities which are set out in an annual EIC Work Programme.

EIC