Global Trade Alert
Global Trade Alert

EU: Launch of the European Innovation Council, including a EUR 3 billion fund

Announcement

18 Mar 2021

In March 2021, the European Commission launched the European Innovation Council and its fund following the pilot programme introduced in 2017 (see related state act).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Mar 2021

Revocation date:

31 Dec 2027

Updated: 18 Mar 2021
Financial grant In force
<p>On 18 March 2021, the launched the European Innovation Council (EIC) after completing the pilot programme of 2017 (see related state act). The EIC established a EUR 3 billion (approx. USD 3.6...
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Updated: 18 Mar 2021
Capital injection and equity stakes (including bailouts) In force
<p>On 18 March 2021, the EU launched the European Innovation Council (EIC) after completing the pilot programme of 2017 (see related state act). The EIC established a EUR 3 billion (approx. USD ...
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