EU supports innovative companies combatting the virus by granting them 350 million eurosJune 9, 2020
Hat: EU supports innovative companies combatting the virus by granting them 350 million euros
The Commission has already awarded nearly 166 million euros via the European Innovation Council (EIC) Accelerator Pilot, to companies combatting the pandemic. An additional 148 million euros will be granted to other companies.
The selected 36 companies that will contribute to the fight against the coronavirus will work on pioneering projects, such as on expanding the production of bio-decontamination wipes, developing ventilation monitoring systems that provide first aiders with real-time feedback on the quality of the ventilation given to the patient and many more.
An additional 36 companies, set to support the recovery plan for Europe, will work across a multitude of sectors and projects, which include for example the development of stronger and taller wind turbine towers made from wood modules, with the potential to massively reduce wind energy costs and an organic fertilizer production system.
Url description: European Commission - Press corner