In May of this year, an innovation developed as part of SIMBA featured on the European Commission’s Innovation Radar for the second time. This is great news for project partners from ENEA who were identified as key innovators for this body of work.
The innovation, ‘Identification of candidate plant growth-promoting microbes and bioactive compounds to formulate microbial consortia inoculants’, will play an important role in realising the goals of the SIMBA, which aims to provide innovative microbiome solutions to increase food security, nutrition.
According to the Innovation Radar methodology, the innovation was categorised as being in the ‘exploring’ stage in terms of market readiness. This category includes early-stage innovations, which actively explore value creation opportunities. These innovations are in the early phases of technological readiness. Commercialisation of these innovations will take considerable effort but organisations developing them are already showing high levels of commitment to this.
The Innovation Radar is a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects. It aims to promote the outputs of EU innovation and make them visible to all stakeholders. By increasing accessibility to new innovations, the Innovation Radar encourages the development of a dynamic ecosystem of incubators, entrepreneurs, funding agencies and investors that can help get EU-funded innovations to market faster. This is the second time a SIMBA innovation has been featured, you can read more about this here.
More information on this SIMBA innovation can be found here.