€100,000 Plus a Mentoring Program for European Welding Innovators

By • on March 17, 2020

The Yahoo Finance website reported that the WeldGalaxy project hopes to boost the welding industry by creating an online B2B marketplace that aims to make the European arc welding sector more competitive. The project will also provide financial support to SMEs and Mid-Caps to develop innovative arc welding products and services via the launch of two Open Innovation Calls. A total of €2.5 million in equity-free funding will be allocated to fund 25 pilot projects. In the first open call ten pilots will be selected to develop innovative technologies in the field of arc welding and become the first platform beta-testers. WeldGalaxy is organizing two innovation open calls in order to select and fund European innovators working on efficient and cost-effective arc welding methods.

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