GALACTICA

The EU-funded GALACTICA project aims to place the European textile and aerospace industries at the forefront of innovation. The new industrial value chains the project envisages are based on intelligent systems (Internet of Things solutions) that should advance the manufacturing process and foster cross-sectoral cooperation. The GALACTICA partnership will provide financial support to 80 SMEs complemented with mentoring and coaching. In total, EUR 4 million will be offered to SMEs through diverse vouchers to support technological innovation and value chain creation. SMEs will be encouraged to change their mindset about digitalisation and collaborate with private investors to scale up innovation.