Last 7 November, the European Commission awarded the 2017 European Capital of
Innovation (iCapital) prize of €1 000 000 to Paris. The city has been named
2017's European Capital of Innovation for its inclusive innovation strategy.
Last 7 November, the European Commission awarded the 2017 European Capital of Innovation (iCapital) prize of €1 000 000 to Paris.
Paris has been named 2017's European Capital of Innovation for its inclusive innovation strategy. The city, which has counted 100.000 square meters of incubators built in a period of ten years, hosts also the world’s largest start-up campus, ‘Station F’ can house more than 1.000 start-ups as well as founder companies such as Microsoft and Facebook. The city also has a so-called innovation arc, a laboratory for urban and social innovation which works as network of projects spanning Paris, including small workshops known as FabLabs and an urban farm where people can grow vegetables and learn to reduce food waste.
Tel Aviv and Tallinn were selected as runners-up, and were both awarded €100 000.
Tallinn has presented a City`s Innovation Philosophy 2.0 aimed at promoting a e-Society based on a healthy and green lifestyle in a ‘united’ city.
Tel Aviv has been awarded for its creative and innovative DNA rooted in a very young society, an informal business culture and municipal policies that celebrate creativity and make the city a test-bed for experimentation.
The iCapital awards, which are designed to recognise the most innovative cities in EU countries and those associated to the Horizon 2020 funding programme, were announced during the Web Summit in Lisbon, Portugal. Carlos Moedas, Commissioner for Research, Science and Innovation, said: "Cities are not defined by their size and population, but by the breadth of their vision and the power bestowed upon their citizens."
32 cities applied for the 2017 European Capital of Innovation: nine out of the ten cities finalist are EUROCITIES members (Aarhus, Berlin, Copenhagen, Helsinki, Nice, Paris, Tampere, Tallinn, Toulouse – and non-member Tel Aviv).