2023-09-20 15:18:13
Cork Shortlisted for European Innovation Award, Opportunity to Win £500,000
Get a Free Speed Boost on Your Internet Connection: The One Surprising Trick Virgin Media Users Need to Try NowCork has been nominated as one of the potential European Rising Innovative Cities for 2023, with the chance to win a £500,000 prize and be recognized for its contribution to an innovation ecosystem.
What are the European Capital of Innovation Awards?
The European Capital of Innovation Awards, also known as iCapital, highlights the role played by certain cities in shaping their local innovation ecosystems. This year, Cork is listed among 12 cities from 10 countries.
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In the European Capital of Innovation category, six cities have been shortlisted: Başakşehir, Istanbul, Kyiv, Lisbon, Lviv, and Warsaw. In the European Rising Innovative City category, Cork is competing against Bruges, Leiden, Linköping, Linz, and Padova.
Private Hearings and Winner Announcement
Between September and October, each city will have a private hearing with a judging jury. The winners and two runners-up in each category will be announced on 27 November this year.
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The winner of the European Rising Innovative City category will receive a £500,000 prize, while the two runners-up will each receive £50,000.
Past Winners and the iCapital Award
Barcelona, Amsterdam, Paris, Athens, Nantes, Leuven, Dortmund, and Aix-Marseille Provence Metropole have been previous winners of the top award. The Rising Innovative city award winners include Vantaa in 2021 and Haarlem in the previous year.
Phones LTD Offers Samsung S23 Ultra EE Deals with Complimentary Galaxy Watch5About the EIC Prizes
The iCapital award is one of the prestigious EIC Prizes granted under Horizon Europe, the EU’s research and innovation framework programme. With a budget of over £95bn, this programme funds scientific endeavors across EU member states and other countries.
Impact of Brexit
Following years of uncertainty and failed negotiations, the UK government has secured a bespoke deal that enables the country to rejoin Horizon Europe.
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Last year, Cork-headquartered cybersecurity start-up Vaultree was the only Irish company selected for the EIC accelerator among 80 high-potential start-ups and SMEs. Over 1,000 companies applied for this opportunity.
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