Four EI-backed companies awarded total of €23m in European funding

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

Four EI-backed companies awarded total of €23m in European funding via IrishTimesBiz

Four Enterprise Ireland backed companies were recently awarded more than €23 million in funding under the EU’s European Innovation Council accelerator programme.

Ireland ranked fifth based on the value of funding recommended in the round. Companies from Germany, France, Finland and the Netherlands ranked higher. Medical device company Loci Orthopaedics was awarded more than €8 million, with €2.5 million in grant funding and a €5.5 million equity investment, supported by the European Investment Bank. The company has developed a new implant for the treatment of thumb base joint arthritis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Four Irish companies secure €23m in EU accelerator fundingThe companies who are to receive the money are Galway-based companies InVera Medical and Loci Orthopaedics, Dublin-based Selio Medical, and Mayo-based Ovagen. ​ ​Ireland comes fifth in value of funding received by EU fund.
Source: businessposthq - 🏆 8. / 71 Read more »