EIC Fund Investment Process

If you want to get money from the EIC Fund, there are a few steps.

What Happens First?

First, the EIC Fund looks at your proposal. This is called due diligence. After that, they will make a decision about the investment.

Connecting with InvestEU

If you are interested and agree, your proposal information will be shared with the InvestEU partners. They will think about giving you Venture Debt support.

How Does EIC Choose Proposals?

The EIC chooses which proposals to support based on the quality of the proposal. Experts will review it, and everyone will have a fair chance.

First Come, First Served

The EIC STEP Scale Up call uses a “first come, first served” method. But they will also look at how much money is available for the whole year.

Budget Limits

In the first half of the year, they will not recommend more than 70% of the total budget. They will keep track of how much money is available.

Proposal Assessment

Your proposal will be judged based on certain criteria. The EIC Jury might ask about specific parts of your proposal during the interview.

Outcomes from the Jury

The Jury will recommend one of three outcomes for your proposal:

• GO and Sovereignty (STEP) Seal: Your proposal meets all criteria and is recommended for investment. But, the final investment amount may change after further checks.

If your project is approved, you will receive the Sovereignty (STEP) Seal and get access to support services to help your business grow.