The Mobile World Capital wins a European project to promote 120 scientific startups

The Mobile World Capital Foundation has won a project from the European Commission to transfer 120 scientific advances to the market.

Oliver Thansan
Oliver Thansan
14 June 2023 Wednesday 16:27
16 Reads
The Mobile World Capital wins a European project to promote 120 scientific startups

The Mobile World Capital Foundation has won a project from the European Commission to transfer 120 scientific advances to the market. Through the European Innovation Council, the Barcelona foundation will receive 4 million euros during 2023 and 2024 to carry out all the necessary advisory tasks.

"We have brought together a total of 70 experts, most of them from Barcelona, ​​who will channel scientific advances through the creation of startups or spin-offs. Among them, institutions such as the Barcelona Supercomputing Center, the RCD office or Salle Technova stand out" Pol Hortal, director of Technology Transfer at MWCapital, explained this morning.

The foundation will also receive support from the German consulting firm Heura to carry out its functions, which include project validation, talent selection, and legal and financial issues. With this project, the foundation ensures that it will manage the first venture builder (company dedicated to promoting startups) specialized in science in the European Union.

Hortal has detailed that 40 projects will be selected directly by MWCapital (in collaboration with the BSC) and that 80 will be chosen by the European Commission. The focus is broad as both institutions are looking for projects throughout the EU.

The initiative will last two years, although MWCapital may extend it for two more years if it carries out its functions satisfactorily. In this second phase, he would receive a total of 3.5 million euros.

The CEO of MWCapital, Francesc Fajula, celebrated the initiative this morning as it allows the foundation to gain muscle in its technology transfer work. To date, it has supported 224 projects through its The Collider program, which will continue its activity outside the European initiative with a budget of around one million euros per year.