€60 million from EIT Crisis Response Initiative go to 207 innovations
The European Institute of Innovation and Technology (EIT) has announced that a total of € 60 million has been awarded to 207 innovation projects and ventures from the EIT Crisis Response Initiative. The projects and ventures are located in 32 countries. As part of the ‘Pandemic Response Projects’, 62 new innovation projects bringing together 212 partners from 25 countries are developing solutions directly tackling COVID-19 related challenges. The ‘Venture Support Instrument’ is supporting 145 start-ups, scale-ups and SMEs from 23 countries that have been enormously impacted by the COVID-19 crisis.
The selected innovations provide immediate solutions within the EIT’s key focus areas, from health and digitisation to food and urban mobility, to meet the wide array of challenges posed by the crisis. The 207 projects and ventures supported include effective solutions such as biotechnology and diagnostics, using 3D prototypes to re-configure congested parts of the city and co-working areas, supporting food supply chain disruptions, and solutions to reduce airborne contaminants.
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