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Published on | 3 months ago
Programmes EICThe European Innovation Council (EIC) selected 71 cutting edge companies for funding, combining grants and equity, following the last 2024 EIC Accelerator cut-off in October. They have been selected among 1211 submitted proposals, out of which 431 have been invited to the jury interviews.
21% of the selected companies are led by women (as CEO, CSO or CTO), while there is a geographical spread spanning 16 countries.
Four of the selected companies have benefitted from the ‘Plug In’ scheme. The scheme allows funding bodies managing certified national/regional programmes to submit projects from their portfolio directly to the full application stage of the EIC Accelerator.
A further 330 applications that were assessed positively by the EIC jury, but for which there was insufficient funding available, will be awarded a Seal of Excellence. This recognition helps these companies to find alternative funding sources, including from the Recovery and Resilience Funds and European Regional Development Funds.
3 Belgian organisations will receive blended financing.
More details available here.
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The RUSTICA project obtained funding under Horizon 2020, more in particular under the topic ‘Closing nutrient cycles’. RUSTICA focuses on demonstration and implementation of circular bio-based nutrient valorisation chains, focusing on waste from the fruit and vegetable agro-food system. The project kicked off in 2021 and will run until 2024. It will use a strong multi-actor approach to co-create both socio-economic and technological knowledge in four case study regions in Europe and one in Colombia. The Flanders-based company DRANCO is one of the project partners and acts as technical project manager for the entire project. DRANCO participates in the project to develop its own technologies, to network and to help make the transition to a more circular based economy.
