European Commission welcome youth startups and SMEs with innovative solutions to tackle Coronavirus outbreak

The European Commission is calling for innovators, startups and SMEs with technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak to apply urgently to the next round of funding from the European Innovation Council.

The deadline for applications to the EIC Accelerator is 17:00 on Wednesday 18th March 2020 (Brussels local time). With a budget of €164 Million, this call is “bottom up”, meaning there are no predefined thematic priorities and applicants with Coronavirus relevant innovations will be evaluated in the same way as other applicants. Nevertheless, the Commission will look to fast track the awarding of EIC grants and blended finance (combining grant and equity investment) to Coronavirus relevant innovations, as well as to facilitate access to other funding and investment sources.

The EIC is already working with quite a number of startups and SMEs with Coronavirus relevant innovations, awarded funding in previous rounds. This includes the EpiShuttle project for specialized isolation units, the m-TAP project for filtration technology to remove viral material, and the MBENT project to track human mobility during epidemics.

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