The European Innovation Council (EIC) has provided more details about what to expect from its pilot advanced innovation challenges, a new staged funding instrument based on the US Advanced Research Projects Agency (ARPA) model. The EIC wants to assess whether staged grants can accelerate the path to market for high-risk deep-tech innovations, and whether early involvement of end users can enhance the uptake of breakthrough solutions. It will inform the wider roll-out of ARPA-style mechanisms in the EIC in the next iteration of Horizon Europe, from 2028. The EIC currently offers Pathfinder grants, supporting early-stage development up to proof of concept; Transition grants, to mature and validate new technologies; and the Accelerator, to develop and scale-up innovations. But technologies do not always move smoothly from one phase to the next. “There are some potentially.
https://sciencebusiness.net/news/r-d-funding/european-innovation-council/explained-eic-advanced-innovation-challenges-pilot
