Stire

EIT Health launches new funding totaling EUR 60 million in response to COVID-19 crisis

In response to the crisis generated by COVID-19 EIT Health launches new funding, totaling EUR 60 millions, to address the crisis, through several types of actions:

1. "Pandemic Response Projects" will support start-ups, Scale-ups and SMEs that can develop new solutions and innovations, essential for the rapid recovery from the pandemic;
https://eit.europa.eu/…/covi…/eit-crisis-response-initiative

2. The Venture Support Instrument addresses Start-ups, Scale-ups and SMEs that have been affected by the COVID-19 crisis, with increased investment and significant cash flow problems. EIT support will help these enterprises overcome the crisis and continue their development.
Details here: https://eit.europa.eu/…/covi…/eit-crisis-response-initiative

3. "Start-up Rescue Instrument", created to mitigate the economic shock created by the COVID-19 pandemic. Start-ups can apply to receive up to EUR 500,000 in co-investments from EIT Health. More details here: https://eithealth.eu/project/start-up-rescue-instrument/