Numerous innovative ventures are experiencing economic shock due to the COVID-19 crisis at the moment. From now on, there is a possibility for start-ups to get up to €500,000 in co-investment from EIT Health. For instance, if a private investor invests at least €250,000, EIT Health is going to match this with a €500,000 grant, therefore the total sum for a start-up will be €750,000.
The new Start-up Rescue Instrument directly contributes to the European Union’s response to the pandemic.