207 pioneering innovations and businesses received 60 million euros from the EIT’s crisis management initiative

By: Trademagazin editor Date: 2020. 09. 10. 11:25

As part of the EU’s efforts to combat the Covid-19 pandemic, the European Institute of Innovation and Technology has announced the results of the EIT’s Crisis Response Initiative: 60 million euros for 207 innovation projects and businesses in 32 countries.

As part of the pandemic management projects, 62 new innovation projects bringing together 212 partners from 25 countries are working directly to address the challenges of Covid-19. The “Business Support Instrument” will help 145 innovative start-ups, growing innovative enterprises and SMEs from 23 countries significantly affected by the Covid-19 crisis.