European Innovation

• The European Innovation Council (EIC) has selected six European scale-ups to move forward for potential investment decisions by the EIC Fund. • These six companies were chosen from an initial pool of 24 applicants, 17 of whom were invited to interview with independent high-level experts. • This selection process is part of the STEP Scale Up initiative, aimed at strengthening the competitiveness of European innovative companies.

• London Tech Week will take place this June, serving as a hub for European innovation and breakthrough technologies. • The event features over 300 exhibitors and curated programming covering diverse sectors, including enterprise SaaS, Web3, cybersecurity, and quantum computing. • Attendees aim to gain competitive intelligence and identify emerging market shifts to position their organizations for future growth.

• The European Innovation Council (EIC) has released its Impact Report 2026, detailing the region's progress in the deep tech sector. • The report highlights Europe's increasing capacity to scale frontier technologies and influence their development on a global scale. • This development is significant as it positions Europe as a competitive global hub for high-tech innovation and industrial scaling.

• The European AI & Cloud Summit 2026 showcased EU-funded innovations focusing on artificial intelligence and cloud technology integration. • Two primary initiatives, ACHIEVE and EMAI4EU, were highlighted to demonstrate Europe's investment in technological capabilities and digital skills development. • The ACHIEVE project specifically targets small and medium-sized enterprises (SMEs) and public sector organizations, providing training and technical support in cybersecurity, AI, and cloud computing.