The European Union Commission offered up to €80 million of financial support to CureVac to scale up the development and production of a vaccine against the Coronavirus. CureVac aims to launch clinical testing of a vaccine by June 2020.
The European Commission launched the Coronavirus Global Response Fund, an international pledging marathon to raise funding to combat the crisis.
European Startups, in response to the current COVID-19 pandemic, has prepared a report titled “What Does It Take? Europe’s Startup Ecosystem Navigating the COVID-19 Crisis” to help startups and SMEs adapt and stay relevant.
The European Commission is making recommendations on how to use digital tools to gradually reintroduce people into society after the worst of the pandemic passes.
The European Commission has released a consultation on a new Digital finance strategy for Europe / FinTech action plan.
The European Commission is supporting the Global Hack, an online hackathon designed to share and rapidly develop ideas for the urgently needed solutions in the current COVID-19 pandemic. The EC will provide up to €75 000 for prize money, inputs to the government related challenges and coaching.
The European Commission released the following guidelines to help public buyers during this COVID-19 crisis.
The European Commission is mobilising €100 billion to support member states, the citizens and businesses affected by the Coronavirus crisis.
In response to the crisis caused by the COVID-19 pandemic, the EIB Group will rapidly mobilise up to EUR 40 billion and calls on Member States to put a further guarantee in place for SME and mid-cap support from EIB and national promotional banks.
The European Commission’s Corona Response Investment Initiative through structural funds totalling €37 billion: for healthcare expenses associated with COVID-19 (inclusive of respiratory machines & PPE), providing financial support to SMEs and short-term employment schemes.