›EOcafe: Access to finance for the EO services industry

The European Innovation Council (EIC), launched by the European Commission in March 2021, has the objective to support the commercialization of game changing innovations in the European Union. With a budget of EUR 10.1 billion, the EIC offers considerable funding opportunities to help companies, researchers, SME’s and start-ups by providing funding, networking and partnership opportunities.

Your company could be a beneficiary through various programmes such as the EIC Pathfinder, the EIC Transition, the EIC Accelerator and the EIC Fund.

For example, the EIC Accelerator delivers grants of up to EUR 2.5 million with or without combined equity investments through the EIC Fund ranging from EUR 0.5 to 15 million. In addition to this financial support, the innovators can benefit from a range of Business Acceleration Services providing coaching, mentoring and access to investors and ecosystem actors.

With its approach to identify, develop and scale up Europe’s breakthrough technologies, the EIC offers an investment strategy for all areas of technology including the space sector. As the Earth Observation Downstream services industry is a cutting-edge and fast-moving sector for which innovation is key to provide new products and services, the various funding opportunities provided by the EIC are of great interest.

Come and join us as our guest Mrs Rebeca De Sancho Mayoral (EIC Fund/ R&I Adviser) discusses with our host Geoff Sawyer (EARSC Strategic Advisor and former Secretary General) about the different funding mechanisms and other opportunities that the European Innovation Council can offer to the EO services sector.

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