North East Automotive Alliance’s Post

‼️Funding and support to help businesses be investment and market-ready - applications open until 19 March 2025. Mobilise, delivered by Zenzic and Advanced Propulsion Centre UK (APC), is a structured early-stage accelerator programme to support micro, small and medium-size enterprises, start-ups or university spinouts, that are developing early-stage, Connected and Automated Mobility (CAM) or automotive related zero-emission technologies, products, services or solutions to accelerate the transition to a safer, smarter, more sustainable future. Find out more here: https://lnkd.in/evyM-Q7U

https://lnkd.in/diSJfbC9 🚀 Guide to the EIC Accelerator Challenges 2024 🚀 The European Innovation Council (EIC) supports high-risk, high-impact technologies in the EU. The EIC provides funding, networking, and business acceleration services to researchers, startups, and SMEs. Curious about the upcoming challenges? In 2024, the EIC Accelerator will focus on six key areas: 1- Human-Centric Generative AI 2- Virtual Worlds for Industry 5.0 3- Smart Edge and Quantum Technologies 4- Food from Precision Fermentation and Algae 5- Monoclonal Antibody Therapies 6- Renewable Energy Value Chain 🔗 Read our blog to explore detailed insights on these challenges, specific objectives, and how NETO Innovation can support your application process: https://lnkd.in/diSJfbC9 #EICAccelerator #InnovationFunding #EUGrants #HighImpactTech #SMEs #Startups #HorizonEurope #NETOInnovation

🚀 Big News for European Deep Tech!🚀 The European Innovation Council (EIC) announced a major boost to European deep tech innovation for 2025 with funding opportunities worth over €1.4 billion for strategic technologies and scaling up companies! 🌍💡 Here’s what’s new in the EIC Work Programme 2025: ✅ Increased Funding: An additional €200 million over last year, focusing on high-potential start-ups and groundbreaking research. ✅ Launch of EIC STEP Scale-Up Scheme: With a dedicated €300 million for 2025 (aiming for €900 million by 2027), this scheme targets deep tech scale-ups in strategic sectors like digital, clean tech, and biotech. Through the EIC Fund, companies can secure €10-30 million, attracting private co-investment and driving total investments up to €150 million. ✅ New EIC Challenges:Targeted funding to drive innovation in emerging tech, with €120 million for areas like climate-resilient crops, autonomous robots, and medical diagnostics; and €250 million for early-stage companies in generative AI, agri-tech, new space, and future mobility. ✅ Expanded Business Acceleration Services: Enhanced support for start-ups from widening countries, helping them thrive and compete. ✅ New “Seals of Excellence”: Facilitating access to additional funding and EIC Business Acceleration Services to amplify impact. #Innovation #EIC #DeepTech #HorizonEurope #Startups #Funding

🚀 Welcome to the Industrial Vanguard: Charting the Future of Industrial Tech 🏗️⚙️ We’re thrilled to launch the first volume of the Industrial Vanguard Newsletter: a curated lens on the technologies, companies, and trends reshaping the industrial world. In this inaugural edition, we dive into: 🌐 Emerging trends shaping the future of industrial tech. 💡 Innovative companies leading the charge in areas like automation, advanced manufacturing, and AI-driven solutions. 📈 The opportunities (and challenges) for investors navigating this sector. Whether you're a startup founder, investor, or industry leader, this newsletter offers insights and fresh perspectives to stay ahead in the dynamic world of industrial innovation. #IndustrialTech #VentureCapital #Innovation #FountainheadFund https://lnkd.in/gYrgWgQt

🚀 The partnership between #FUCHS and E-Lyte - Solutions to power the future! is redefining the landscape of e-mobility! As a global player and a dynamic startup, we’re combining our expertise to tackle critical challenges in new mobility. Using advanced fluids such as thermofluids and electrolytes, we’re working directly on the essential component of lithium-ion batteries. Together, we’re not just advancing technology—we’re accelerating the shift toward a zero-emission future. #MOVINGYOURWORLD

🌍 Building Ventures for a Sustainable Future 🌱 As the world energy and industrial sectors face unprecedented challenges, opportunities arise for transformative innovation. In this article, I delve into how IMI Venture Studio is leading the charge—empowering founders and ventures to reshape critical sectors such as energy transition, climate tech and industry 4.0. I offer insights into how we build emerging ventures posed to define the future of these industries. With a focus on: ✅ Scaling innovation in under-digitized industries ✅ Bridging gaps between traditional manufacturing and future technologies ✅ Unlocking value through strategic partnerships IMI is paving the way for sustainable growth. 🔗 Read more about our approach to future-proofing the world's energy and industrial ecosystem here: https://lnkd.in/gJTMyiwW Let's discuss how we can collaborate to drive change in these transformative sectors. 💬 #Innovation #VentureCapital #Sustainability #VentureBuilding #IndustrialTransformation #ClimateTech #EnergyTransition #IMIplc #IMIVentureStudio

Our daily look at M&A, funding and financial developments in the #sustainability market. Updates for Friday, September 6, 2024 include: 1. Financial Services: The Asian Development Bank (ADB) has approved a new goal to devote 50% of its annual lending to #ClimateFinance by 2030, Reuters reported. 2. Accelerator - MSP Software:  PC Powersave, an #MSP software platform for #EnergyManagement led by Daniel Ellis, is one of three finalists in the #PitchIT2024 Accelerator Program from ConnectWise. Winners will be announced during the #ITNation Connect 2024 conference in Orlando, Florida. 3. Sustainable Mobility: A The Company Lab (CO.LAB) and TennSMART announced four winners of the Sustainable Mobility Reverse Pitch Challenge. The honorees included: - #BrdgTRK (Chattanooga, TN): Provides a cloud-based hardware solution that gives users end-to-end visibility of shipping goods in real time.  - Ganaio (El Cajon, CA): Developer of a patented hardware solution that extends the driving range of electric vehicles.  - #Minco Technology Labs (Austin, TX): Provides flexible fuel cell propulsion that has a lower cost of ownership than legacy propulsion systems.  - #Naycel (Lake Mary, FL): Decarbonizes the battery supply chain by converting carbon gas into responsibly manufactured critical battery graphite materials. 4. M&A - Sustainability Intelligence Platform:  EcoVadis has acquired Ulula, a human rights technology and analytics company "aiming to improve working conditions across global supply chains." See all the details here: https://lnkd.in/eaXzu-6F #MSP #ChannelPartners #Startups #Sustainability #NetZero #CarbonReduction #Incubators #Accelerators #MergersAndAcquisitions

🚀 AC Ventures News Updates 🚀 Swipe through to catch the latest insights and updates from the world of tech and investment! From Adrian Li’s take on Southeast Asia’s tech M&A landscape to exciting developments with AC Ventures-backed companies, we’ve got you covered. 🔔 Stay updated by subscribing to our newsletter, delivered straight to your inbox: https://bit.ly/ACV-Updates #technews #investmentupdates #southeastasia #solarenergy #cleantech #electricvehicles #indonesia #startupnews #innovation #businessupdates

Siemens’ Cre8Ventures proudly partners with PhotonFirst to pioneer smarter sensing solutions. This collaboration accelerates innovation, empowering startups with groundbreaking technologies that shape the future of industries. Discover how strategic partnerships drive success and fuel progress in sensing and beyond. 🚀 📖 Read more: https://sie.ag/3cj92b #Innovation #Collaboration #Siemens #PhotonFirst #Cre8Ventures

My work at the Ministry has always been connected to the EIC, and it’s nice to occasionally reflect on what is happening with the EIC. Looking back at how Estonian companies have fared in the EIC Accelerator and related activities this year: ▪️ Unfortunately, only one Estonian company received EIC funding in 2024. Congratulations once again to Mifundo! 🎉 ▪️ Fortunately, we launched SoE support for EIC Accelerator projects, funding three companies that received SoE labels—well done, UP Catalyst, GScan, and Vectiopep! 👏 ▪️ In 2024, 120 of the most promising deep-tech scaleups were selected to the EIC Scaling Club. Estonian companies continue to punch above their weight, with six companies chosen for this exclusive community. Congratulations once again to UP Catalyst and GScan, and well done, Salv, Elcogen, GeneCode, and PowerUP Energy Technologies! 🙌 Yesterday, the Commission adopted the EIC WP 2025 📓. Some key highlights related to the Accelerator include: ▪️ Two cut-off dates: March 12th and October 1st ▪️ Projects must start with a technology readiness level (TRL) of 6 or higher ▪️ Step 1 proposals will be batched and sent for evaluation monthly (every first Tuesday) ▪️ The maximum equity amount has decreased from 15 to 10 million euros The last change is due to the introduction of a new instrument: the Strategic Technologies for Europe Platform (STEP). ▪️ STEP will provide equity-only support of 10-30 million euros to catalyze major funding rounds of 50-150 million euros, requiring at least a 20% precommitted investments   ▪️ STEP will support companies in digital, cleantech, biotech, and deep tech ▪️ No cut-off or different evaluation steps—applications meeting eligibility requirements will be invited to interview in batches at least quarterly EIC WP 2025 can be found here 👉 https://lnkd.in/evB3Dx3p For more information, you can join the EU’s EIC info day on November 5th or the Estonian EIC info day on December 3rd 📆 👉 https://lnkd.in/e8ise2Kh 👉 https://lnkd.in/e7UzKqSM Finally, there is an additional planned call in the WIDERA work programme to support deep-tech startups in widening countries, offering grants of up to 500,000 euros. This funding will help deep-tech startups develop their innovations from TRL 4 to 5/6, serving as a stepping stone to the EIC Accelerator. More (unofficial) info here 👉https://lnkd.in/e7pDf2yZ Once again, I encourage Estonian deep-tech and innovative companies to apply for EU funding and if there is anything that the Ministry can do to help You, just let me know. 📨 #EIC #DeepTech #EICScalingClub #EUFunding