A Comprehensive Examination of the EIC STEP Scale Up Call and Its Impact on Startup Growth in Strategic Technology Domains within the European Union

EIC STEP Scale Up Call: An In-Depth Analysis

The EIC STEP Scale Up call is a pivotal initiative under the
framework of the European Innovation Council (EIC) Accelerator,
formally defined in Article 48 of the Horizon Europe Regulation
(2021/695). Following its amendment by Article 17(2) of the
Strategic Technologies for Europe Platform (STEP) Regulation, this
call aims to bolster the growth of high-potential startups and scale-ups
focused on strategic technology domains.

Regulatory Framework

As stipulated in the EU legislative framework, the provisions
concerning indirect management and the stipulations regarding
parent and holding companies, as delineated under the Accelerator
call, remain applicable to the EIC STEP Scale Up initiative.
This alignment ensures a coherent approach towards innovation
funding and management within the EU’s strategic technology
landscape.

Guidance Note Overview

The Guidance Note pertaining to certain provisions of Regulation
(EU) 2024/795 outlines the foundational principles governing the
Strategic Technologies for Europe Platform (STEP). It elucidates
the operational parameters and eligibility criteria for
participation in the EIC STEP Scale Up call, thereby facilitating
a comprehensive understanding of the strategic goals and
logistical frameworks at play.

Strategic Technologies for Europe

The STEP initiative embodies a significant evolution in EU
regulatory practices aimed at enhancing the accessibility of
funding for innovative technologies. The thrust of STEP is
articulated in its capacity to amend several pivotal directives and
regulations, including:

Conclusion

The EIC STEP Scale Up call represents a strategic avenue for
entrepreneurs seeking to leverage EU funding mechanisms for
scaling their innovative technology ventures. The careful
interlinking of regulations and strategic objectives under
the STEP framework underscores the European Union’s commitment
to fostering a robust ecosystem for technological advancement
and sustainable growth. For more detailed regulatory information,
stakeholders may refer to the Official Journal of the European Union
(OJ L) 2024/795 dated 29.2.2024, accessible at
data.europa.eu.

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