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Organisation › Details

EIC Fund (European Innovation Council Fund)

The European Innovation Council Fund from the European Commission is an agnostic Fund: it invests across all technologies and verticals, and all EU countries and countries associated to Horizon Europe. It provides the investment component of the EIC Accelerator blended finance. The European Investment Bank acts as investment adviser to the EIC Fund. The EIC Fund aims to fill a critical financing gap and its main purpose is to support companies in the development and commercialisation of disruptive technologies, bridging with and crowding in market players, and further sharing risk by building a large network of capital providers and strategic partners suitable for co-investments and follow-on funding. The Fund pays particular attention to the empowerment and support of female founders as well as the ambition to reduce the innovation divide among EU countries. *

 

Period Start 2020-06-01 established
  Group EU (govt)
Products Industry fund
  Industry 2 business development (state/region)
Persons Person Hauser, Hermann (Amadeus Capital Partners 200906 Partner)
  Person 2 Georgieva, Svetoslava (EU (govt) 202309 Board Chair of EIC Fund)
     
Region Region EU (European Union)_oo
  Country EU (European Union)
  City 1049 Brussels
    Address record changed: 2021-07-09
     
Basic data Employees n. a.
  Currency EUR
  Annual sales 3,600,000,000 (fund size (2021) 2021-01-06)
     
    * Document for »About Section«: Sequentia Biotech S.L.. (9/27/24). "Press Release: Sequentia Biotech Secures €10 Million Equity Investment from Seventure Partners and the EIC Fund to Boost Bioinformatic Solutions for Clinical, Industrial and Research Applications". Barcelona.
     
   
Record changed: 2024-10-29

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