Co-funded by the European Union
European Innovation Council
The European Innovation Council (EIC) was established by the European Commission in 2021 following a 3 years successful pilot phase. It has a mission to identify, develop and scale up breakthrough technologies and disruptive innovation. It has a budget of over €10 billion for the period 2021-2027.
The funding and support is organised into three main funding schemes covering all technology readiness levels: EIC Pathfinder for advanced research to develop the scientific basis to underpin breakthrough technologies; EIC Transition to validate technologies and develop business plans for specific applications; and the EIC Accelerator to support companies (SMEs, start-ups, spin-outs and in exceptional cases small mid-caps) to bring their innovations to market and scale up. The Accelerator provides a combination of grant support and direct equity investments in companies through a dedicated EIC Fund, which also provides a platform for co-investments with other investors.
For all schemes, the direct financial support is augmented with access to a range of Business Acceleration Services. AquaB Nanobubble Innovations has been supported by the EIC Accelerator scheme.
The strategy and implementation of the EIC is overseen by the EIC Board of twenty individuals from the innovation ecosystem (academia, business, investment, ecosystem builders). The EIC also employs dedicated Programme Managers with high level expertise in their fields, to set the challenges and proactively manage portfolios of projects towards technological breakthroughs.
Project Progress
AquaB's recent endeavours in advancing nanobubble technology have yielded promising results and significant achievements. The collaboration with key partners in trials and validation efforts has provided valuable insights into the technology's performance and applications.
1. Improved Technology Validation: Trials have enhanced the validation of AquaB's nanobubble technology. Scientific rigor, including the use of Light Scattering technologies, ensured a robust understanding of nanobubble characteristics.
2. Diverse Applications Explored: Collaboration with commercial partners has opened avenues for exploring diverse nanobubble applications, particularly in the water treatment industry. AquaB's commitment to understanding and addressing specific challenges positions its technology for versatile applications.
3. Scientific Advancements: Partnerships with a range of academic institutions, has contributed to scientific advancements in nanobubble research. AquaB's dedication to rigorous scientific processes has not only enhanced its technology but has also added to the broader knowledge base.
Potential Impacts:
1. Market Expansion: Successful trials within a range of sectors positions AquaB for broader market adoption, increased market share, heightened industry recognition, and expanded business opportunities.
2. Technological Innovation: Continuous efforts in refining nanobubble technology pave the way for ongoing innovation, encompassing staying ahead of industry trends, meeting evolving market demands, and solidifying AquaB's position as a technological leader.
3. Scientific Contributions: Partnerships with academic institutions contribute to the scientific community's understanding of nanobubble technology, furthering scientific knowledge, fostering collaboration, and establishing AquaB as a key player in advancing the field.