Covid-19 Innovation Fund. Covid-19 Competition for innovators and startups to develop life-saving healthcare innovations
On March 19th the Agency for Science, Innovation and Technology (MITA) launched a contest "LIFE-SAVING INNOVATIONS: STOP COVID-19" and gave a priority to COVID-19 virus and crisis management projects. Innovators, technology developers, startups and innovative companies were invited to participate and offer solutions based on modern technologies.
Specific issues addressed and anticipated impact
Prototyping and launching innovative protective equipment, information and communication technologies, development of teleworking, surveillance or forecasting potential COVID-19 hotpots systems based on artificial intelligence and other ideas tackling problems created by the COVID-19 pandemic were financed to ensure more effective fight with Covid-19. Up to 52,000 euros from the EU instrument Inostartas were be allocated to each solution.
Agency for Science, Innovation and Technology (MITA)