The European Innovation Council :Impact report 2023 : accelerating Deep Tech in Europe

This report provides an overview of the impacts delivered by the innovators funded by the European Innovation Council (EIC), a €10 billion programme of the European Union to identify, support and scale up breakthrough technologies and deeptech start-ups. It focuses on the “Horizon Europe EIC portfolio” of over 500 start-ups, 275 advanced research projects, and 140 projects commercialising research results funded since 2021 up to call outcomes announced until the end of 2023. It also assesses the longer-term impacts of the “full EIC portfolio”, which includes projects and companies funded under the pilot phase of the EIC (from 2018 to 2020) and predecessor SME Instrument Phase 2 and Future and Emerging Technology projects (since 2014). A novel feature in this year’s report is a portfolio analysis of the projects and companies, which underlines the nature of deep tech innovation with critical technologies such as advanced materials, artificial intelligence and biotechnologies.