€60 million Crisis Response Initiative for Europe’s Innovators

€60 million Crisis Response Initiative for Europe’s Innovators

The EIT Governing Board has decided to mobilise EUR 60 million of additional funding to innovators powering high-impact solutions that tackle this unprecedented social and economic challenge. The financing will allow the launch of new innovation projects to address the immediate crisis as part of the ‘Pandemic Response Projects’, and will support highly innovative start-ups, scale-ups and SMEs crucial to the economy’s fast recovery to benefit from additional funding under the ‘Venture Support Instrument’.

You can find more information on the EIT Crisis Response Initiative attached and on the EIT website here:

https://eit.europa.eu/news-events/news/eit-announces-eur-60-million-crisis-response-initiative

https://eit.europa.eu/our-activities/covid-19-response/eit-crisis-response-initiative