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When it comes to scaling up a business, in today’s challenging market it can be difficult to attract investors. There are a plethora of startups competing and trying to secure the exact same time with the same investors. To make it more difficult, many SMEs pitch to many investors without receiving any concrete feedback. So, in a sea of many, what should companies be doing to stand out in the crowd? The EIC Business coach Martin Theyer defined the top three ingredients to present your company to the other side of the investment table.
Tomorrow, on 28 April, the European Innovation Council will host the first Community Talk. The online session will fuel EIC beneficiaries’ ability to network, trade ideas and solve challenges related with Corporate Days. Curious about this new format? Look no further!
The EIC created a new Story 29 April 2020
On 28 April, the European Innovation Council hosted their very first EIC Community Talk. In this ‘Ask me anything’ session, 16 EIC-funded SMEs had the chance to interact and receive advice on EIC Corporate Days from two former participants.
The EIC created a new Story 29 April 2020
The European Innovation Council Business Acceleration Services and Roche invite you to apply for our joint EIC Corporate Day Online, a specially designed service to increase and accelerate your business collaborations with Roche, the pharmaceutical giant.
SYNCH, an ongoing EU-funded project, is creating a hybrid system where a neural network in the brain of a living animal and a silicon neural network of spiking neurons on a chip are interconnected by neuromorphic synapses.
For the past couple of years the EIC and EBAN are working together on numerous occasions to bring you the EIC/EBAN ePitching with Investors. On 29 April 2020 the 5th edition was held, this time around the topic of eHealth.
The European Innovation Council brought together over 50 public and private procurers, five European corporates and more than 20 EIC-backed SMEs during the first EIC ePitching with Procurers, a dedicated session on COVID19-solutions. The procurers, public as well as private-sector, and the SMEs had the opportunity to pitch their needs and respective solutions followed by a vote on who pitched the most innovative solutions. Eyecontrol and RESPINOR went home with the prize in their respective pitching-sessions.
A total of 117 innovative solutions to tackle the coronavirus have been selected as winners of the European Innovation Council-led #EUvsVirus Hackathon. The event, which involved over 380 volunteers, 2,400 mentors and over 800 partners, brought together over 20,900 participants from 141 different nationalities, as well as different areas of expertise and backgrounds.
Janny van den Eijnden-van Raaij, the managing director of hDMT (Institute for Human Organ and Disease Model Technologies) tells us more about how Organ-on-Chip technology can mimic human physiology and the project ORCHID (ORgan-on-Chip In Development)funded by the Future and Emerging Technologies (FET) program.
Venture capital investors poured €1.7 billion into European healthcare startups during the first quarter of 2020. According to PitchBook’s European Venture Report Q1 2020, the first three months of the year constituted the fourth-strongest quarter ever in terms of total deal value in Europe, with a special focus on Europe’s healthcare ecosystem. Several technology-integrated solutions in the health sector have closed venture capital funding rounds and attracted investment amid COVID-19 outbreak. Here are 4 EIC-funded innovations raising in Digital Health VC funding.
The European Innovation Council Business Acceleration Services brings together four Dutch Corporate giants (Eneco, KPN, Rabobank and Unilever) and invites you to pitch your company and discover business opportunities with them in a dedicated online EIC Corporate Day next 29 and 30 June 2020.
On 14 May 2020 12.00-1.30 pm (CET) the European Innovation Council (EIC) will host their 7th ‘ePitching with Investors’ of the year. This month’s session will revolve around Mobility & Transport, with seven EIC-funded SMEs gearing up to pitch their innovations. Investors from Earlybird, Munich Venture Partners, Robert Bosch Venture Capital GmbH, Siemens Venture Capital, InMotion Ventures, Maniv Mobility and WBX Ventures will attend the session and pick their favourite.
Can a blockchain innovation build paperless offices across businesses and organisations? The British-Polish fintech Billon Group says yes. The company provides a Blockchain Platform powered by distributed ledger technology (DLT), based on a new type of architecture storing full documents entirely in the blockchain.
There are about 36 million people in the world who are blind, and a further 216 million who live with moderate to severe visual impairments. But fortunately, innovations are now playing an important role to deliver deep improvements to their quality of life. The app Be My Eyes, for example, is connecting customers who are blind or have low vision with over 850,000 volunteers for guidance and help with tasks like cooking, finding lost items, catching a bus, reviewing mail and more. The EIC-funded solution is a game-changer, proving how innovation is fostering inclusion.
The EIC created a new Story 12 May 2020
The EIC is pleased to invite all eligible startups to participate in our monthly EIC ePitching with Investors. This edition will focus on Software-as-a-service (SaaS) and ICT-related innovations and will take place on 16 June 2020, 1 pm CET, mark your calendars! A limited number of EIC-backed up SMEs will have the chance to show their innovative solutions via an online tool to a jury of investors –consisting out of representatives from Amadeus Ventures, BTOV, DN Capital, Kurma Partners, Omnes Capital and Speedinvest.
The Italian start-up is providing insurance companies and digital communities with a platform that helps profiling and engage their customers. The EIC solution offers relevant insurance through push notifications, delivering an ‘instant’ 7-second insurance policy sign-up. In this platform, zero paperwork is required to ensure a better experience for users. This year Neosurance closed a €1.1 million funding round, backed by Net Insurance, Luiss Alumni 4 Growth and a group of investors led by Mezzetti Advisory Group.
The EIC created a new Story 14 May 2020
Starting this May, the European Innovation Council will send fresh monthly updates about the latest news, business opportunities, project stories and events relevant to EIC Pathfinder, EIC Accelerator, and EIC Horizon Prizes. Sign up now and don’t miss the opportunity to receive these latest hand-pi
Every month the European Innovation Council organise an ‘EIC ePitching with Investors’ around a dedicated topic. On 14 May 2020 the theme of the session was Mobility & Transport, which brought together seven high-class EIC-backed SMEs with six investors firms. Transmetrics AD, a Bulgarian start-up, took home the prize for ‘best pitch’.
The EIC created a new Story 18 May 2020
The European Innovation Council organised its first online Corporate Day on 12 May 2020 together with Enel, the global energy company. Originally planned as a physical event to be held in March, it was fully digitalised for the convenience of the SMEs and corporate representatives. 33 EIC-backed SMEs had the chance to pitch their innovations in the field of renewable energy, smart cities and grid solutions, among others. Over 40 Enel representatives were present to listen to the pitches and scout interesting projects.
The Future and Emerging Technologies programme (FET) allows also young researchers and ambitious students to contribute to some of the most exciting research adventures. In a win-win situation, the fresh knowledge of junior researchers can become an asset for the progress of complex scientific challenges, while the students can experience a multidisciplinary approach to research.
The EIC created a new Story 20 May 2020
Which app would make your life easier? Perhaps you’re looking for ways to learn a new language faster or have those guitar lessons that you always wanted to try. Many mobile apps are providing us with disruptive and useful solutions to execute tasks easily with just a touch on the smartphone screen. From health check-up to learning platforms, here are 7 EIC-developed apps that you shouldn’t miss.
Greening agriculture is one of the main challenges in the fight against climate change. In line with the European Green Deal, the European Commission adopted a comprehensive new Biodiversity Strategy to bring nature back into our lives and a Farm to Fork Strategy for a healthy and environmentally friendly food system. Many pesticides and antibiotics are being banned to ensure healthier food, boost organic farming and privilege the use of eco-friendly solutions. Founded in 2018, the EIC-funded innovation developed by Agrosustain is a good example working on this domain. The Swiss start-up is trying to reduce food waste and promote sustainable agriculture with natural solutions for pest management.
Time is an illusion, breakfast time doubly so. In future, human workers might not be alone in experiencing frenetic mornings thanks to EU-funded researchers who have equipped robots with human-like time perception capabilities – and tested them in the kitchen.
Are you looking to scale up your company in the near future? Do you believe people are your most important asset, but find it difficult to overcome the challenges of a growing team? If you answered yes to these questions, the European Innovation Council (EIC) Business Acceleration Services invite you to apply for this online Community Training, on 9 June 2020 (14h30 CEST), in which participants will receive insights that will help them manage Human Resources (HR) when scaling up.
In 2018, thanks to EnduroSat, the Bulgarian Space Industry celebrated a historical moment: the first country’s CubeSat was activated in space and connected to two ground stations. This was the first space mission for EnduroSat, involving schools and universities to ensure a long-lasting educational outreach program in addition to the technical verification of all the components. This year, a new satellite from EnduroSat will lift off, and the Bulgarian startup will make history again.
The European Innovation Council (EIC), in collaboration with BBVA and Ferrovial, organised an online Corporate Day on 26 and 27 May 2020, bringing together 19 EIC-backed SMEs with over 50 corporates representatives. The online Corporate Day was the second event of its kind to be organised this month and gave SMEs and corporate representatives the opportunity to find synergies and explore business opportunities and further collaborations.
Ferrovial, Cemex Ventures, Vinci, Hilti and Saint Gobain join forces to launch 2020 Construction StartUp Competition with the objective of identifying and fostering startups to lead the transformation of the construction industry. Are you the missing piece? You can apply via this link until 26 July.
The EIC is pleased to invite all eligible start-ups to participate in our monthly EIC ePitching with Investors. This edition will focus on Internet of Things (IoT) & Smart Cities and will take place on 2 July 2020, 1 pm CET, mark your calendars! A limited number of EIC-backed up SMEs will have the chance to show their innovative solutions via an online tool to a jury of investors –consisting out of representatives from Breega Capital, Indico Capital Partners, SAP, United Ventures, SET Ventures, Tengelmann Ventures, Primoglio SGR.
The insurance-focused artificial intelligence (AI) solution has announced a partnership with Rokk3r, a global innovation technology and consulting company, to enable the company to enter the Latin American insurance market and roll out its AI-driven services to insurance companies based in the region.
NOVIRUSES2BRAIN is an ongoing research project, funded by the Future and Emerging Technologies (FET) program. Its ambition is to develop a unique drug able to eradicate multiple viral species simultaneously.
For the very first time, the European Innovation Council organised the Coordinators’ Day virtually, meeting the companies funded by the EIC under Phase 2 in an online session. The purpose was to gather the EIC coordinators from the recently awarded projects, get familiar with the project management procedures and discover more in-depth the Business Acceleration Services.
On 3 and 4 June 2020 the European Innovation Council celebrated the launched of a brand-new initiative specifically focused on the EU Green Deal. The EIC Planet.tech brings together EIC-backed start-ups/scale-ups with four large corporates, namely AB inBev, DEME, Nestle and P&G, with the objective to develop a number of impactful Proof of Concepts (PoC).
Since 2018, 3 June is known as the first official ‘World Bicycle Day’ to encourage the multiple environmental benefits of using bicycles for transport and leisure. Two days later, on 5 June, the World Environment Day takes place. To celebrate both dates, the EIC Community gathered three green Innovations that promote one of the most sustainable modes of transportation: cycling. From an ABS system for e-bikes to a GPS navigation specialised on urban mobility, here are 3 EIC cycling innovations that can change your experience on two wheels.
Dr. Regina Luttge is an expert in medical and biological microsystems having bio-inspired functionalities. She coordinates CONNECT, a Future and Emerging Technologies (FET) project, which aims at providing better treatment for neurodegenerative disorders, such as Parkinson’s disease and Alzheimer’s disease.
Since 4 June 2020, the Swedish biotech company Idogen AB is traded on Nasdaq First North Growth Market. The traditional bell ringing was skipped due to the COVID-19 pandemic, but the event was featured on the Nasdaq trading floor at Times Square in New York. Idogen AB develops tolerogenic cell therapies to prevent the patient’s immune system from attacking biological agents, transplanted organs or the body’s own cells or tissues.
On 16 June 2020, 1 pm (CET) the European Innovation Council (EIC) will host an ‘ePitching with Investors’ on SaaS and ICT-solutions. Six EIC-funded SMEs are gearing up to pitch their innovations to investors from Amadeus Ventures, BTOV, DN Capital, Experior Venture Fund, IdInvest, Omnes Capital, Kurma Partners and Speedinvest.
Last week, 3 and 4 June, saw the kick-off of yet another new EIC-initiative, Planet.tech, an event focused on EU Green Deal-challenges. The online session brought together 28 EIC-backed start-ups/scale-ups with four large corporates, namely AB InBEV, Deme, Nestle and P&G, with the objective to develop a number of Proof of Concepts (PoC) and enhance the cooperation between start-ups/scale-ups and large corporates.
On 9 June 2020 the European Innovation Council hosted an EIC Community Training on HR for start-ups in the process of scaling. In this session 21 EIC-funded SMEs had to chance to learn and interact with Jose Martinez, EIC business coach specialised in leadership and HR, and EIC community member Diana Špakauskaitė, HR-manager at Ruptela.
Imagine travelling from Paris to Berlin (878km) in less than an hour. Cheaper, faster and greener travel, this is what Spanish start-up Zeleros is offering with their hyperloop. This new form of ground transport promises speeding up to 1,000km/h through a network of low-pressure tubes. It can make hundred-mile journeys more sustainable with 0 direct emissions, thanks to its fully electric powertrain. This month, the startup received €7m in funding to lead the development of its unique version of the “fifth mode of transport”.
The Irish company, developing cutting-edge technology to help cure cancers, has secured a significant new Series C round of approximately €18 million, bringing the total equity funding to around €37 million. The capital was led by existing shareholders, including Seamus Mulligan, an experienced biopharmaceutical executive.
On 23 June 2020, the Swiss multinational healthcare company will hold its 5th Partnering for Innovation Summit in a virtual format with the special collaboration of the European Innovation Council (EIC). In this online event, Roche will continue the conversation around transforming healthcare and ta
The EIC created a new Story 18 June 2020
The EIC started this summer by diving into the hot Software-as-a-Service topic. The ePitching on SaaS and ICT began with the speech of Kinga Stanislawska, member of the EIC advisory board, who mentioned the importance of this sector to the growth of Europe and finished with DeepCode winning the best pitch award. The online event brought together six high-class EIC-backed SMEs with nine investors firms.
The EIC created a new Story 19 June 2020
Artificial Intelligence (AI) is often praised for its ability to make objective and rational decisions, unlike humans, who deal with reality in a subjective manner. The researchers from the Future and Emerging Technologies (FET) project TIMESTORM trained robots to learn some of these subjective abilities of humans, focusing on time-perception.
On 16 June 2020, the European Innovation Council organised an ePitching session with Investors on SaaS and ICT. After the event, Kinga Stanislawska, member of the EIC Advisory Board and herself a venture capital investor, talked more about the future of SaaS and ICT sector, commented the novelties introduced in the EIC programme and shared her views on the existing gender investment gap in Europe. Kinga is active in supporting women-led companies. The VC investor is a mentor in Vital Voices and Foundation for Women Entrepreneurship and also co-founded the ‘European Women in VC’ community of over 400 women in the European and Israeli VC space.
The EIC Fund, which will provide equity from €0.5m to €15m to breakthrough innovation companies selected for EIC Accelerator blended finance support (grant and equity), has become an official entity. This is the first time the European Commission will make such direct equity investments in companies, with ownership stakes expected to be in general from 10% to 25% in start-up companies. The European Investment Bank, as advisors of the EIC Fund on behalf of the European Commission, will manage the ownership stakes of the European Commission.
Hiring and retaining the right talent is crucial to a business’s growth, but for a start-up, it can be difficult to establish a solid HR strategy. With little time and resources, many early firms undervalue Human Resources and forget to nurture their teams. The EIC Community Training of June focused on this challenge and provided key recruitment tips, ranging from leadership strategies to the best ways for retaining top employees.
In 2020, with the COVID-19 pandemic, organisations shifted to remote working arrangements that have made cybersecurity risks a bigger threat. Many start-ups are facing new challenges to ensure social distancing directives while continuing to serve their customers. To help SMEs answer to the evolving cyber problems, the European Union Agency for Cybersecurity (ENISA) is developing a booklet with best practices. Wondering how secure your organisation is? Don’t miss this opportunity and work together with ENISA to respond to your challenges.
On 2 July 2020 1.00-3.30 pm (CET) the European Innovation Council (EIC) will host the last ePitching with Investors before the summer. This month’s session will revolve around IoT and Smart Cities, with seven EIC-funded SMEs going head-to-head. Investors from Breega Capital, Indico Capital Partners, SAP, United Ventures, SET Ventures, Tengelmann Ventures, Primoglio SGR will attend the session, rate the pitches and engage in one-to-one’s, a newly added feature to the ePitching with Investors. Those interested in joining can do so here.
In addition to facilitating Series A funding for selected companies through accelerator events, InvestHorizon offers an individual programme customised to the investment-readiness needs and challenges of each company. The programme aims to support 500 European Deeptech entrepreneurs in raising EUR 500 million over two and a half years. Would you like to increase the investment and valuation amount of your Deeptech solution? Then, this is the right opportunity for you. The next deadline for applications is 30 July.
The idea behind the SMILE project follows the outcomes of an ongoing FET-Open (EIC Pathfinder) project called ChipScope, which focuses on developing the first chip-sized optical microscope with super-resolution capabilities, and semiconductor nanoLED arrays with individual pixel operation. Such highly integrated nanoLED arrays from ChipScope will lead to extreme miniaturization and simplicity for super-resolution microscopy.

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