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EU funder issues plea to ‘help shape future of innovation’

European Innovation Council seeks experienced board members to steer companies it is funding

The EU’s flagship innovation funder is seeking people with experience of serving on company boards to take up such roles on the companies it is funding.

“Shape the future of innovation,” the European Innovation Council urged “experienced individuals” in a call for interest it issued on 13 February.

The EIC is a funder under the EU’s research and innovation programme that has a budget of over €10 billion to support the development and commercialisation of cutting-edge technologies.

It not only provides funding but also support on issues including intellectual property management and a portfolio ecosystem for groups of companies operating around particular technologies, including those working under the guidance of programme managers.

In its call for board members, the EIC said that “industry insights of successful candidates will be invaluable to…help the companies achieve their ambitious growth goals”.

Applicants must have at least five years of experience on a board and must be capable of representing the EIC’s financial interests, liaising with the European Investment Bank.

Successful applicants will receive €20,000-€25,000 per year and have their direct expenses covered. The EIC expects to appoint about 20 people, and applications are due by 22 March.