The European Capital of Innovation Award (iCapital)
The European Capital of Innovation Award (iCapital) champions cities demonstrating outstanding commitment to fostering innovation within their urban environments. This prestigious EU prize recognizes city administrations that actively experiment with governance, boost innovation across various sectors, and serve as role models for others. It aims to elevate the profile of cities successfully implementing innovative policies and strengthening their innovation ecosystems for sustainable and resilient development.
Who is Funded by the iCapital Award
The European Capital of Innovation Award targets cities within EU Member States or Associated Countries to Horizon Europe, recognizing their crucial role in fostering innovation. The program aims to celebrate innovative urban practices that address societal challenges and contribute to sustainable development, emphasizing broad civic engagement and the strengthening of local innovation ecosystems.
What Innovation is Recognized
The European Capital of Innovation Award recognizes cities for their innovative initiatives and policies across various urban and societal domains, rather than funding specific projects or costs. The evaluation criteria highlight efforts in experimenting with new approaches, scaling up innovation, building robust innovation ecosystems, and expanding successful models to inspire other cities.
Type and Scope of the iCapital Award
The European Capital of Innovation Award is a recognition prize, providing monetary rewards to winning cities. The prize aims to bring high visibility and public interest to cities demonstrating leading innovative practices.
Conditions and Requirements for Applicants
Applicants for the European Capital of Innovation Award must adhere to specific conditions regarding application submission, eligibility, and evaluation. These include detailed requirements for application content, participant eligibility, and the rigorous assessment process by a jury.
Application Procedure for the iCapital Award
The application process for the European Capital of Innovation Award involves electronic submission and a multi-stage evaluation process, including pre-selection, jury review, and hearings. Successful applicants will be notified following comprehensive checks.
Legal Basis of the iCapital Award
The European Capital of Innovation Award operates under a robust legal framework, primarily established by the Rules of Contest and further governed by a set of key European regulations and work programmes.
Similar Programs
Funding Overview
Funding Status:
Closed
Allocated Budget:
Total Budget: 1,200,000 €
Open Until:
Ongoing
Award Channel:
Prizes And Competitions
Region:
EU Member States and Horizon Europe Associated Countries
Sectors:
Research and Development, Environmental and Climate Protection, Information and Communication Technology, Social Enterprises, Other
Beneficiaries:
Cities
Application Type:
Single Applicant
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
European Innovation Council and SMEs Executive Agency (EISMEA)
Website: