EIC opens €1.2B funding for strategic technologies in 2024

Dec13
by on December 13, 2023 at 4:28 pm
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The newly-adopted 2024 work programme of the European Innovation Council (EIC) is opening over €1.2bn in funding opportunities, mainly targeting deep tech startups and SMEs. Under the new scheme, the EIC Fund will receive a capital injection of €585mn to invest in EIC selected companies, leveraging over €2 billion in new investments. The majority of the funding addresses all fields of technology, but €420mn is dedicated to startups and SMEs developing tech for strategic industries, including Generative AI, space, critical raw materials, semiconductors, and quantum. This is in line the bloc’s initiatives such as the Chips Act, the Net Zero…

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Solving the SME cash flow crisis: It’s time for late payments to end

Dec12
by on December 12, 2023 at 5:06 pm
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In the intricate web of business activity in the UK, the relationship between large corporations and SMEs plays a pivotal role in shaping the economic landscape. With SMEs accounting for 99.9% of the UK business population, their importance and contribution to the economy is crucial. Despite this, 2023 has seen the largest net decrease of small businesses on record. The UK government has announced plans to introduce new measures to support SMEs, it’s now time for major corporations to play their part. As businesses continue to struggle against the backdrop of the cost of living crisis, cash flow issues have become a major concern. With…

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James Webb yields stunning high-res image of exploded star

Dec11
by on December 11, 2023 at 4:20 pm
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The James Webb Telescope’s new image of Cassiopeia A (Cas A), a supernova remnant that is located 1,000 light-years away, has marked a new era in the study of its explosion. Already in April 2023, Webb’s MIRI (Mid-Infrared Instrument) revealed new and surprising features within the inner shell of Cas A. Interestingly, many of those features are invisible in the latest image by the telescope’s NIRCam (Near-Infrared Camera), while the NIRCam image appears also less colourful than the one provided by MIRI. But according to researchers, this is simply the result of different wavelengths — and instead of showing less…

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Why don’t we leave the internet platforms we dislike?

Dec08
by on December 8, 2023 at 1:18 pm
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The internet is filled with sites and services we loathe yet it seems, to paraphrase Brokeback Mountain, we just don’t know how to quit them. Consider the evidence: Facebook was widely reviled after its role in the Cambridge Analytica scandal, yet it still has over 3 billion monthly active users. Since Elon Musk’s takeover of Twitter there has been huge public outcry about his actions and decisions, but the platform remains relevant. And, most recently, Bandcamp was bought by Songtradr which swiftly laid off 50% of its staff. But guess what? It’s still by far-and-away the leader in its category.…

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EU declares aim to become ‘quantum valley’ of the world

Dec08
by on December 8, 2023 at 11:39 am
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Q-day (the day when quantum computers will successfully actually break the internet) may be some time away yet. However, that does not mean that companies — and states — shouldn’t hop on the qubit bandwagon now so as not to be left behind in the race for a technology that could potentially alter how we think about life, the Universe, and well… everything.  Spurred on by a discourse that more and more revolves around the concept of “digital sovereignty,” 11 EU member states this week signed the European Declaration on Quantum Technologies.  The signatories have agreed to align, coordinate, engage,…

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