In a rapidly evolving global landscape, the European Innovation Council (EIC) and EBN recognise the crucial role technology plays in driving economic growth and sustainability. Thanks to the EIC Fund, numerous startups, SMEs, and small mid-caps across various sectors receive support every year.
Without support from EU|BICs the market will not provide sufficient offers to Industry 4.0 disruptive technologies. Startups working with potentially disruptive technologies are too early, and too risky to be interesting for investors.
The European way to a digitalised economy and society is about solidarity, prosperity, and sustainability, anchored in the empowerment of its citizens and businesses, ensuring the security and resilience of its digital ecosystem and supply chains.
Industry 4.0 brings the next gear change in manufacturing through the digital transformation of value chains interconnecting the physical, digital, and virtual worlds.
n this first report, we will outline the EU|BIC, EU and SME approach to digital transformation and Industry 4.0: the “why now” question; and the characteristics that participants must understand to partake and thrive in the Industry 4.0 ecosystem.