Today, the European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European Commission is proposing to create a new recovery instrument, Next Generation EU, embedded within a powerful, modern and revamped long-term EU budget.

The Commission announced today that it has awarded nearly €166 million, via the European Innovation Council (EIC) Accelerator Pilot, to 36 companies set to combat the coronavirus pandemic.

The European Commission proposes allocating €94.4 billion to research and innovation in its coming Horizon Europe programme, as part of a massive €1.85 trillion, seven-year EU budget plan to help recover from the COVID-19 crisis.

Overview of EU funding available for SMEs with innovations in the field of environment