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The EIC created a new Story 31 October 2019
Scaling a company further is unforeseen on solving a number of challenges – most of those being common across all organizations out there. 96 small and medium-sized enterprises (SMEs) from 20 countries gathered to share their experiences during the EIC Accelerator Welcome Day. Some of them lost the fear of the camera and, during a small interview, shared with us their innovative approach, as well as current challenges they are facing in the industry. Are you curious? Here is our first video with Restored Hearing.
With oceans becoming clogged by plastics, companies are introducing eco-friendly consumer products to take advantage of the public growing concerns over plastic waste. Most of the plastics are actually packaging. This problem has been addressed by some biodegradable solutions such as bioplastic, paper or even bamboo containers. However, they still need at least half a year to degrade. Warsaw-based manufacturer Biotrem is making more than 10 million pieces of biodegradable disposable (single-use) tableware and cutlery that compost — without need for industrial composting facilities — within 30 days.
The EIC created a new Story 24 September 2019
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The EIC Accelerator pilot – previously known as the SME Instrument – carefully selects the best innovators in Europe and bridges the critical investment gap in early-stage innovation, making the companies an ideal investment opportunity for follow-up investment from private entities. The 2019 edition of the Innovation Kitchen report presents the portfolio of successful companies emerging from Europe’s most wanted innovation funding programme for small businesses.
92 companies funded by the SME Instrument under Phase 2 met on 15/16 October, in Brussels, for the Welcome Days. The purpose was to bring the SMEs selected for funding together, in order to network and share experiences. From sessions focused on how to sell to public buyers, to training workshops related to large corporates, the event has tried to address the core challenges SMEs face in a cohesive way.
A new e-pitching session organised by the European Innovation Council (EIC) pilot's Accelerator will be taking place from 10:30 am to 12:00 pm CTE, on 31 October. The event will be focused on renewable energy and will allow SME’s to virtually pitch their business ideas to key investors. This session will gather as investors EDP Ventures, Finindus, Danfoss, Demeter and Iberdola.
Please share with us your experiences and challenges for accessing business opportunities from public and private procurers. Your responses will allow us to arrange relevant events, webinars and other support activities that could bring you a step closer to a procurement-related business deal.
As we are coming close to the end of the year, it’s time to take a look at the achievements of 2019. This year, the Business Acceleration Services dove into Corporate Days, Investor Days and e-Pitching events that joint innovative SMEs to compete in global markets. Read the 2019 takeaways, discover our highlights and see how to continue vibrating with the EIC Community in 2020.
4 EIC-funded companies were selected to participate in the fourth joint EBAN/EIC CyberSecurity. On January 30th they will present their business and their next investment round in a 6-minute pitch.
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Infarm, a Germany-based European Innovation Council pilot's funded company that distributes “modular farms” to grocery stores and other urban locations, has raised $100 million in a series B round of equity and debt funding led by Atomico, with participation from existing investors including Balderton Capital, Cherry Ventures, Astanor Ventures, and TriplePoint Capital.
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AlphaSense, an European Innovation Council pilot's funded artificial intelligence (AI) platform, has secured $50 million in a Series B funding round led by Innovation Endeavors. AlphaSense already claims over 1000 corporate clients that use its market intelligence service.

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