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EC Announces the European Capital of Innovation: Torino and Braga

  • News article
  • 23 November 2024
  • European Innovation Council and SMEs Executive Agency
  • 1 min read

Supported by the European Innovation Council (EIC) under Horizon Europe, the European Capital of Innovation Awards (iCapital) recognise cities that foster dynamic and inclusive innovation ecosystems. 

On 13 November, the European Commission announced the winners of the 2024-2025 iCapital in a ceremony in Lisbon, during the Web Summit, marking a decade of celebrating cities that excel in delivering innovative solutions for their citizens. This year's top honours go to Torino and Braga. 

The European Capital of Innovation category winner, Torino, received a €1 million prize, while the two runners-up Espoo and West Midlands Combined Authority have been awarded €100 000 each. The European Rising Innovative City category winner, Braga, received €500 000, and the two runner-up cities Linz and Oulu have each been granted €50 000.

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Publication date
23 November 2024
Author
European Innovation Council and SMEs Executive Agency