EIC Innovation Grant first is signed 2024-01-05 The process to sign the 2,5 MEUR EIC Grant is now done. EIC and ZIGRID signed the contract early December 2023. The project starts March 1st 2024. Now when the Grant is signed, ZIGRID can accelerate.The main activities for ZIGRID the coming two years are:š we will grow our company with new colleagues and competenciesš we will finalise the development of our power moduleš we will test and fine-tune our ZIGRID-as-a-Service business modelš our 6-months long pilot will prove our technologyš we will prepare for production and market launchEIC decided for ‘Grant first’, which means that ZIGRID also have an option for an equity part. Here, EIC may choose to activate the option to also invest in ZIGRID. This will be evaluated as milestones are reached.So keep an eye open for Team ZIGRID, we expect to have a lot to tell while we ‘Shift Waste Heat from Problem to Power’.