EIT InnoEnergy boost energy innovation with COVID-19 response initiative

Smart Energy | Aug 14, 2020 at 3:50 AM
  • EIT InnoEnergy, the innovation engine for sustainable energy across Europe, has mobilized €7.3 million ($8.64 million) in additional funding from the European Institute of Innovation & Technology (EIT) to support energy innovators through COVID-19.
  • The funding directly contributes to the European Union’s response to the COVID-19 pandemic as part of the EIT’s €60 million Crisis Response Initiative through which it has mobilised to support innovations in health, climate change, digitisation, food, sustainable energy, urban mobility, manufacturing, and raw materials.
  • To award the additional funding, EIT InnoEnergy proactively interviewed all 250 of its current ventures to identify those requiring urgent financial support.