The European Capital of Innovation Awards (iCapital), supported by the European Innovation Council (EIC) under Horizon Europe, rewards European cities that lead the way in developing vibrant innovation ecosystems, making innovation a driving force for sustainable growth, social inclusion, and improved quality of life.
Jean-David Malo, Director of the European Innovation Council and SMEs Executive Agency, launched the new edition of the Prize during a dedicated event in Braga (Portugal), the European Rising Innovative city 2024-25.
The iCapital Awards celebrate cities that embrace innovation at all levels, from mobilizing public and private stakeholders to fostering entrepreneurship, and implementing forward-thinking policies that serve as role models across Europe. The competition is open to cities from EU Member States and countries associated with Horizon Europe.
Award categories and prizes
The contest features two categories:
- European Capital of Innovation – Open to cities with a population of at least 250 000 inhabitants. The winner receives €1 million, while two runners-up cities each receive €100 000.
- Rising Innovative City – Open to smaller cities with a population between 50,000 and 249 999 inhabitants. The winner receives €500 000, with two runners-up each awarded €50 000.
Why apply?
Winning or being a finalist for the iCapital Awards brings numerous benefits, including:
- EU-wide recognition as a leader in urban innovation
- Financial support to enhance local innovation strategies
- Opportunities to connect with other pioneering cities and share best practices, through the iCapital Alumni Network.
How to apply?
Cities are invited to submit their applications by 18 June 2025, 17:00 (CET).
Link to the European Capital of Innovation call
Link to the European Rising Innovative City call
For more information, please join our online info session on 24 April, from 10:00 (CET).
Before applying please check the eligibility criteria, rules of contest and application guidelines, on the iCapital webpage.
Details
- Publication date
- 21 March 2025
- Author
- European Innovation Council and SMEs Executive Agency