Brussels invests more than 14.5 million euros in innovative projects with Portuguese hand – Business

Brussels invests more than 14.5 million euros in innovative projects with Portuguese hand - Business



The European Commission will support 38 projects in developing new ideas for radically innovative future technologies. There are Portuguese involved in four initiatives.

The European Innovation Council will invest a total of € 124 million under the future and emerging technologies (FET Open). Of these, about 14.6 million will be directed to projects with Portuguese contribution.

The International Iberian Nanotechnology Laboratory, the University of Aveiro and the Institute of Molecular Medicine are the host institutions for some of the selected projects, which will receive between three and four million euros of European funds.

Among the challenges presented by the consortia selected under the pilot phase of the European Innovation Council (EIC) are topics ranging from neuromorphic and quantum computation to the removal of spatial objects from orbit to the early and noninvasive diagnosis of Alzheimer's disease.

To Commissioner Carlos Moedas, the investment in "innovative ideas and the individuals behind them" aims to "create new markets in the future".

"Through the European Innovation Council we support innovative and emerging technologies that are fundamental to unraveling many of the secrets for a better future and for society," he said.

In its first round of funding under the EIC pilot phase, the FET Open received 375 proposals and provided funding to 236 beneficiaries in 23 European countries. As part of the EIC pilot, FET Open projects receive additional support for innovators and entrepreneurs.

The interested in applying for to this type of subsidies must do so by January 24, 2019.



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