As a new fund announces it will invest up to €30 million in the most promising companies over a span of up to four years, EIT Food identifies to FoodNavigor the problems for which it is seeking solutions.
The European Institute of Innovation & Technology’s food arm received 106 applications to its COVID-19 support fund from different start-ups across Europe. The number was eventually whittled down to just 13.
The European Institute of Innovation and Technology (EIT) will invest €56.4m in projects that aim to ‘transform’ the agri-food system in 2019, a 44% year-on-year increase.