Paris is named the 2017 innovation capital of Europe

Paris, France, has been named 2017's European Capital of Innovation thanks to an 'inclusive innovation strategy', which saw it scoop the EUR 1 million first prize in the EU's iCapital awards. The awards, which are designed to recognise the most innovative cities in EU countries and those associated to the Horizon 2020 funding programme, were announced on 7 November at the Web Summit in Lisbon, Portugal.

Two runner-up prizes of EUR 100 000 were awarded to Tallin, Estonia and Tel Aviv, Israel, and the prize money will be used to scale up and further expand the cities' innovation efforts.

Winner: Paris, France

Paris is home to Station F, the world’s largest start-up campus, which is located in a former railway depot the size of the Eiffel Tower laying down. There is room to 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 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.

 [...]

Source: https://horizon-magazine.eu/article/paris-named-2017-innovation-capital-europe_en.html