OMV Petrom and EIC Provide Support to SMEs Promoting Innovative Projects in the Energy Sector

OMV Petrom and the European Innovation Council (EIC), the European Union’s innovation programme, join forces to organize dedicated EIC Corporate Day, the first of its kind in Romania.

During this matchmaking event OMV Petrom will invite some of Europe’s most innovative small and medium enterprises (SMEs) to pitch, meet and conduct business. All selected EIC participants are working on innovations in the energy sector based on advanced technologies that meet the objectives of the climate agenda.

“The energy transition is a strategic priority for OMV Petrom and we are committed to supporting it. We believe in the power of small and medium-sized companies to come up with innovative solutions in the energy sector, and we want to support those projects based on new sustainable technologies, being open to new collaborations, partnerships and business opportunities,” Christina Verchere, CEO OMV Petrom, said.

The areas of interest for OMV Petrom include innovative energy storage solutions, technologies for a circular economy, new technologies for solar photovoltaic systems, projects involving carbon capture and storage and/or in combination with blue hydrogen production, non-classical geothermal solutions for power generation and turquoise hydrogen production resulting from methane pyrolysis.

EIC-funded SMEs can apply to the event via the EIC Community, the deadline for the submission being November 18, 2021.

The selected SMEs will be invited to the EIC Corporate Day with OMV Petrom, which will take place on 26-27 January 2022. Both before and during the event they will have access to thematic trainings and will present their projects for potential collaborations with OMV Petrom.


About the European Innovation Council

The European Innovation Council (EIC) supports top-class innovators, entrepreneurs, small companies and scientists with bright ideas and the ambition to scale up internationally.

The European Innovation Council is a key novelty of Horizon Europe and represents the most ambitious innovation initiative that Europe has taken, with a budget of €10.5 billion during 2021-2027. Support to innovators, entrepreneurs, small companies, and scientists under the European Innovation Council goes far beyond a grant provision.

The EIC offers several business acceleration services that help speed up the pace of innovation, including business coaching and flagship services like EIC Corporate Days and EIC Investor Days, where highly innovative SMEs can take advantage of pitching and partnering opportunities with investors and corporates. In addition, the EIC has recently launched the EIC Greenhouse Gas (EIC GHG) programme, where SMEs receive expert support and guidance to reduce their greenhouse gas emissions and co-create green innovations.

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