# Major Win! €2.2M Grant on Horizon for Tradefox | Tradefox, Inc.

- Canonical URL: https://wefunder.com/feed/172282
- Entity ID: wefunder:feed_item:172282
- Published at: 2024-04-08 11:55:12 UTC
- Updated at: 2025-07-09 03:24:44 UTC

## Author
Chris Yerbey

## Subject
Tradefox, Inc.

## Content
Dear Investors,We're thrilled to share some exciting news with you! Tradefox has successfully passed the first stage of the application process for the prestigious Horizon Europe grant program by the European Commission.Horizon Europe is the EU's key research and innovation funding program, supporting cutting-edge ideas with a total budget of €95.5 billion.Passing the first stage is a significant achievement, placing Tradefox among the top contenders for this competitive grant. Here's why this is a major win for Tradefox:Validation: This recognition by the EU validates the transformative potential of Tradefox's technology within the scrap and recycling industry.Increased Credibility: Securing a Horizon Europe grant strengthens Tradefox's reputation as a leader in the field, attracting new partnerships and talent.Funding Beyond the €2.2 Million: While the grant itself provides a significant financial boost of €2.2 million, it often unlocks additional investment opportunities from EU based venture capital.We are confident in our chances for winning this grant in 2025 and are actively preparing for the second submission deadline of Oct 31, 2024. We will keep you updated on our progress!Sincerely,Chris Yerbey, CEOTradefox, Inc.