As part of the EU’s collective efforts to tackle the COVID-19 crisis, the European Institute of Innovation and Technology (EIT) is announcing the launch of the ‘EIT Crisis Response Initiative’.
The EIT Governing Board has decided to mobilise EUR 60 million of additional funding to innovators powering high-impact solutions that tackle this unprecedented social and economic challenge. The financing will allow the launch of new innovation projects to address the immediate crisis as part of the ‘Pandemic Response Projects’, and will support highly innovative start-ups, scale-ups and SMEs crucial to the economy’s fast recovery to benefit from additional funding under the ‘Venture Support Instrument’.
EIT Urban Mobility has, as part of this initiative, launched an exceptional COVID-19 Crisis Response Call, dedicated to addressing urban mobility challenges posed by the COVID-19 pandemic. Find all details here.
Discover more about the EIT’s Crisis Response Initiative: EUR 60 million for Europe’s innovators here.