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Commission defends further delay to innovation funding

Image: Images Money [CC BY 2.0], via Flickr

Some winners of 2021 European Innovation Council funding are still awaiting their money

The European Commission has defended a further delay in providing funding to some companies via the EU’s European Innovation Council, a major part of the bloc’s Horizon Europe R&D programme.

On 10 May, the Commission confirmed that some winners of EIC funding face “an additional delay from the end of April to the end of May/early June, which is necessary to ensure that all legal requirements concerning granting this kind of financial support are met”.

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