Home » EIC Accelerator Boosts SMEs' Innovations: European Innovation Council Supports Startups and Spin-Off Companies

CorTec GmbH Awarded €2.5 Million Grant by European Innovation Council for Brain Interchange System for Stroke Rehabilitation

The European Innovation Council (EIC) is dedicated to bringing innovative ideas to life through its support of small and medium-sized enterprises, including startups and spin-off companies. The EIC received over 1000 applications from various industries across Europe during its last call, inviting 241 firms for an interview with its jury. CorTec GmbH was one of the 78 companies awarded by the EIC, receiving a €2.5 million non-dilutive grant to develop its Brain Interchange System for stroke rehabilitation therapy.

Source: European Innovation Council

Dr. Oliver Baertl, CEO of CorTec, expresses his excitement about the grant, “At CorTec we are dedicated to communicating with the brain for the cure of disease. With the support of the EIC Accelerator program we will be able to leverage our neuromodulation platform to advance our stroke rehabilitation device.  We see huge potential in this particular indication, helping many individuals to better recover from a stroke”.

Claus Freyinger, Chief Regulatory and Clinical Officer at CorTec, also commented, “We look forward to using this grant to further advance our research and development to unlock the full potential of Brain Interchange for stroke rehabilitation therapy with our clinical partners in the U.S., and Europe as soon as possible.”

Learn more about the latest European Innovation Council (EIC) call by visiting this page. Stay up-to-date on the latest company news and advancements in our stroke rehabilitation device by following us on LinkedIn. Don’t miss out on any important updates!



September 8, 2023

Meet us in Boston!

May 9, 2023

CorTec in Interview with ‘Wirtschaftsforum’

science business award university of ulm
April 6, 2023

CorTec receives Science-Business Cooperation Award 2022

November 30, 2022

Save the Date – Bernstein Special Seminar 2022

November 19, 2022

Bernstein-CorTec Award 2022

November 9, 2022

Trade Show November 2022

May 13, 2022

CorTec awarded with second place of the 2021 Future Prize

April 15, 2022

Easter Surprise from CorTec!