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EU boosts EIC budget for supporting deeptech R&D and strategic scale-ups

EU boosts EIC budget for supporting deeptech R&D and strategic scale-ups

The European Union will spend €1.4 billion (about $1.5 billion) next year to bolster deeptech research and support scale-ups in strategic areas like AI, low-carbon technologies, agritech and biotech, the European Commission said on Tuesday. The budget for the 2025 Work Program of the European Innovation Council (EIC…

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