Bulgarian Liaison Office for Research’s Post

🚀 A pivotal moment for European innovation The European Innovation Council (EIC) Board has just released its statement on the Commission’s FP10 proposal - and the message is clear: Europe is doubling down on innovation. 💡 The Board welcomes the Commission’s strong commitment to a standalone innovation pillar centred around the EIC, with a proposed 3.5× budget increase - a powerful signal at a time when negotiations on FP10 are underway. 🔗 This vision keeps the EIC’s independence intact, reinforces the full innovation journey from research to scale-up, and strengthens Europe’s ability to turn breakthrough ideas into global impact. ⚙️ Yet, as the statement highlights, some key details remain to be defined -particularly around: • Reflows to the EIC Fund • The ARPA-like Challenge model • Synergies with the ERC and Pillar 2 🌍 For countries like Bulgaria, where innovators are increasingly active in deep tech and emerging sectors, a stronger, better-resourced EIC could open new pathways to scale European excellence from every corner of the continent.

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