lomarlabs’ Post

Iceland Ocean Cluster´s Verbud is an environment developed to support the next generation of ocean actors. This platform seeks individuals, teams, or startups with knowledge, great ideas, and even existing early-stage solutions to address identified industry challenges and support them through Verbud´s innovation development environment to get these ideas off the ground and create value. Applications will be evaluated in collaboration with our partners Marel Fish, Hedinn, and Reiknistofa fiskmarkaða RSF and a network of experts. Deadlines for the applications is the 10th of May. The most promising solutions will be invited to participate in a hybrid boot camp held at the Iceland Ocean Cluster in May 2024. For more information, check the link in the comments. Háskóla-, iðnaðar- og nýsköpunarráðuneytið, EFLA Consulting Engineers, Nordic Atlantic Cooperation (NORA), Landsbankinn

Help decide who the finalists of the Innovation Radar Prize are by voting for DiaDEM Project! The selection of finalists is open to public voting, which ends on 30th September. Support the #DiaDEM Team, including Mcule, by casting your vote to help them become one of the 12 startups presenting their innovation in Lisbon on 11th November. https://lnkd.in/dsPFYcUG Your support is greatly appreciated! P.S.: If you are about to vote, choose eChemicles in the #SustainabilityTech category, as their technologies enable the sustainable production of chemicals from carbon dioxide. #DiaDEM #EIC #innovationradar #vote Innovation Radar

Novel carbon removal pathways are required to keep CO2 out of the atmosphere for >1,000 years. To offer more options, CEEZER is introducing Isometric. – Science-backed standards: Developed by a team of over 200 climate experts – Transparency: Every credit comes with clear data and evidence – Focus on collaboration: Uniting researchers, startups, and tech companies for faster innovation CEEZER now offers buyers streamlined access to a selection of nascent carbon removal technologies vetted against an ICROA-endorsed standard. ➡ Read more about the partnership, Isometric's protocols, and project developers active on CEEZER here: https://lnkd.in/ekRrjyzs #carbonremoval #climateaction #carboncredits #CEEZER #Isometric

Accelerating scale of climate tech requires more but different approaches to early-stage funding. European Innovation Council (EIC) STEP Program is attempting to speed things up by offering up funding for both investors and scaleups in strategic technologies - deep tech, clean tech (decarbonisation) and bio tech. With a simple, transparent process and fast turnaround to Yes/No decision promised. https://lnkd.in/gd6rrSvW More on STEP here: https://lnkd.in/gaXBTGWy

Happy to share the good news. Our innovation circuit program has spun out its first startup company. BLUABLE is dedicated to advancing carbon neutrality and enhancing the sustainability of the marine environment by offering services pertaining to blue carbon, which refers to carbon that is captured and stored within the oceanic and coastal ecosystems of our planet. If you want to learn more about our innovation circuit program, feel free to reach out anytime! I'm more than happy to provide any information you need.

Fujitsu's #entrepreneurship program, Fujitsu Innovation Circuit (a program designed to cultivate entrepreneurial skills and generate new businesses), has spun out its first startup company, BLUABLE Ltd. #BLUABLE aims to promote carbon neutrality and contribute to the sustainability of the marine environment by providing services related to blue carbon, i.e., carbon captured and stored in the world's ocean and coastal ecosystems. Learn more: https://lnkd.in/dZijyGip #oceandigitaltwin

Exciting times with the new Work Programme from EIC! Increased budget, new challenges for early stage research and a new funding programme STEP so that tech companies can scale with the support of public funding. We are still not there compared to other global powers in innovation, but this is the right direction! #innovation #r&d #universities

European Innovation Council (#EIC) will be investing €1.4 billion in breakthrough innovation across Europe in 2025 after the Commission adopted the new Work Programme today! Key features include: ☑️ STEP Scale-up Scheme: €300 million in total for equity investment in companies driving strategic technologies, to help them secure larger private co-investment. ☑️ EIC Pathfinder: €262 million in total for early-stage, multi-disciplinary research that could lead to technology breakthroughs. €120 million of this in “EIC Challenges” funding for emerging tech (e.g., autonomous construction robots, climate-resilient crops). ☑️ EIC Accelerator: €634 million for start-ups and SMEs to commercialise and scale innovations, with investments up to €10 million. €250 million of this funding for early-stage companies in sectors such as AI and future mobility. ☑️ EIC Transition: €98 million to turn research results into innovation opportunities. ☑️ Increased access to business acceleration services for emerging companies from ‘widening countries’.

I’m encouraged by the EIC's newly adopted work programme for 2025. With a record budget of €1.4 billion, including a €200 million increase, it represents a strong commitment to supporting deep tech research and high-potential start-ups across Europe. However, while this programme holds promise, we must also consider how effectively these funds will reach European innovators in an increasingly competitive global landscape. Some key highlights and considerations: 🔹 EIC STEP scale-up scheme: A €300 million initiative targeting strategic technology development is a welcome step, but its impact hinges on whether investment strategies can adapt swiftly to evolving market demands and reduce dependency on non-European tech. 🔹 Updated EIC challenges: With €120 million for emerging tech like autonomous robotics and climate-resilient crops, and €250 million for early-stage ventures, it’s essential that this funding aligns with pressing market needs, not just popular tech trends. 🔹 Expanded business acceleration access: Broadening access for companies in widening countries is commendable, though it’s crucial to ensure these services deliver meaningful support and are more than a checkbox in the EU’s inclusivity goals. 🔹 Seals of excellence: While these seals provide access to additional funding sources, a key question is whether they simplify financial access for innovators or add complexity to the funding process. Funding breakdown: 📌 EIC Pathfinder: €262 million for multidisciplinary research teams is an important step; however, it will require stringent evaluation to ensure top projects receive adequate support. 📌 EIC Transition: With €98 million to convert research results into real-world innovations, effective coordination with existing frameworks is essential to prevent overlap. 📌 EIC Accelerator: €634 million dedicated to start-ups and SMEs is substantial, yet we must remain watchful to ensure this funding directly supports early-stage innovators rather than being absorbed by larger entities. Eager to see how these initiatives unfold . A robust framework is in place; now we must focus on execution to ensure these funds foster genuine innovation and resilience across Europe.

💡 Framework funding: Horizon Europe 💡 The European Commission has adopted a new #WorkProgramme. In 2025, the European Innovation Council and SMEs Executive Agency (EISMEA) (EIC) will be investing €1.4 billion in breakthrough innovation across Europe. . This funding, part of #HorizonEurope, targets deep tech and strategic technologies essential for Europe’s competitiveness. #AI #greentransition #mobility #climate #research #technology