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EIT Food COVID-19 response

EIT Food COVID-19 response

Europe’s food system has come under unprecedented pressure during the COVID-19 pandemic that requires an urgent and coordinated response. As Europe’s leading food innovation initiative, EIT Food has launched two new calls for funding to support the agrifood sector in its time of need.

EIT Food has launched two funding opportunities to support the European agrifood sector through the COVID-19 crisis:

  1. COVID-19 Bridge Fund – this Call will support startups and scaleups with high-impact and growth potential that have been adversely affected by the coronavirus pandemic;
  2.  COVID-19 Rapid Response Call for Innovation projects – this Call will help accelerate impactful projects that address business and consumer needs throughout the food system in Europe

EIT has unlocked 60 million euros to support its Crisis Response Initiative. After evaluation of the submitted Call for Proposals by the EIT Governing Board, EIT Food has been awarded 10.25 million euros. More details on the selected projects will be announced in the coming weeks.

As part of the EIT’s Crisis Response Initiative, this activity directly contributes to the European Union’s response to the COVID-19 pandemic.

COVID-19 Rapid Response: Call for Innovation projects

COVID-19 Rapid Response: Call for Innovation projects

This initiative will fund activities executed until 31 December 2020. As such, the innovative solution (product, service, start-up created) must be ready for launch by the end of 2020, and be on the market by end Q2 2021 at the latest.

COVID-19 Bridge Fund: Call for EU agrifood startups

COVID-19 Bridge Fund: Call for EU agrifood startups

COVID-19 Bridge Fund for EU agrifood startups that have been affected by coronavirus as part of the EIT Crisis Response Initiative.

The COVID-19 crisis motivates many organisations to step up and lead by example, and the launch of both of these funding opportunities demonstrates our commitment to extending help over and above our ongoing and dedicated support of the European Food System. The investment that we are making available right now will help those high potential startups to adapt and prosper in the post-COVID world and boost the creation and implementation of much-needed innovation to help the agrifood sector respond to the crisis.

- Dr. Andy Zynga - CEO of EIT Food

 

For further information, you can read our most recent press release here.