According to the Future of Jobs Report 2020, the World Economic Forum has projected an increased talent to fill jobs in technology and green economy roles. These new jobs are predicted to be at the forefront of the data and AI economy, engineering, cloud computing, and product development, which, therefore, implies a growth in upskilling needs and respective learning subjects.
The European Commission selected 74 innovative companies under the first 2022 EIC Accelerator cut-off. They are set to receive up to €382 million of funding in a combination of grants and investments. The companies were selected from over 1000 start-ups and SMEs that submitted a full application for funding for the 23 March 2022 cut-off, of which 266 were interviewed by juries of experienced investors and entrepreneurs. The selected companies will each receive grants and/or equity investments, depending on their needs, up to €17.5 million.
The European Institute of Innovation and Technology (EIT) welcomes seven new members to the EIT Governing Board.
During its June 2022 plenary, the Scientific Council agreed conditionally to introduce lump sums for Advanced Grants on a pilot basis in the 2024 ERC Work Programme.
The 51 projects recently signed their grant agreements with the European Commission. The projects will begin their research by the end of the year.