EIC STEP Scale Up Call: Funding Opportunities for Deep Tech Startups and SMEs
EIC STEP Scale Up Call Overview The EIC STEP Scale Up call represents a vital initiative within the framework of the European Innovation Council (EIC), specifically linked to the EIC Accelerator program. This call aims to bolster the growth of innovative technologies and to support scale-up operations within the European Union, particularly focusing on deep tech startups and SMEs. Established in accordance with Article 48 of the Horizon Europe Regulation – 2021/695, the EIC STEP Scale Up call provides a streamlined process for innovative companies to access funding. The recent amendments articulated in Article 17(2) of the STEP Regulation further enhance this framework, making it more adaptable to the needs of applicants in today’s rapidly evolving technological landscape. Key Features of the EIC STEP Scale Up Call The EIC STEP Scale Up call is particularly noteworthy for its alignment with broader strategies aimed at promoting European innovation. Key features of this initiative include: Funding Opportunities: The call provides substantial EIC funding that can be used for a variety of purposes, including R&D activities, market entry strategies, and scaling business operations. Non-Dilutive Funding: The EIC STEP Scale Up call offers a unique opportunity for startups to secure equity-free grants, differentiating it from other financing options that often require giving up equity. Eligibility Criteria: The eligibility for EIC Accelerator funding includes a range of criteria that align with EU priorities, focusing on sectors such as deep tech, green technologies, and digital innovation. Guidance Note The Guidance Note associated with the EIC STEP Scale Up call outlines specific provisions of Regulation (EU) 2024/795, which establishes the Strategic Technologies for Europe Platform (STEP). This regulation significantly amends various directives and regulations that impact funding processes across the EU, particularly for innovative SMEs and startups. Key amendments include: Directive 2003/87/EC Regulation (EU) 2021/1058 Regulation (EU) 2021/1056 Regulation (EU) 2021/1057 Regulation (EU) No 1303/2013 Regulation (EU) No 223/2014 Regulation (EU) 2021/1060 Regulation (EU) 2021/523 Regulation (EU) 2021/695 Regulation (EU) 2021/697 Regulation (EU) 2021/241 The official publication can be found in the Official Journal of the European Union (OJ L, 2024/795, 29.2.2024). This publication serves as an authoritative resource for understanding the scope and operational details of the EIC STEP Scale Up call. Applying for EIC STEP Scale Up Funding For SMEs and startups interested in the EIC STEP Scale Up call, understanding the EIC Accelerator application process is crucial. Interested parties should be aware of key steps involved in the application, including: Preparation of the Proposal: Applicants must craft a compelling proposal that aligns with the EIC Accelerator’s evaluation criteria. This includes demonstrating the innovative nature of their project and the potential market impact. Coaching Services: Utilizing EIC Accelerator coaching services can significantly enhance the quality of applications. Coaches provide insights into the evaluation process and help refine proposals to meet the expectations of evaluators. Funding Eligibility: It is essential to verify eligibility criteria and ensure that the project aligns with the goals outlined in the EIC STEP Scale Up call. Application Deadline: Keeping track of the EIC Accelerator application deadline 2025 is vital, as timely submission is critical for the success of the application. Best Practices for EIC Accelerator Applications To maximize the chances of securing funding through the EIC STEP Scale Up call, applicants are encouraged to follow best practices: Thorough Research: Conducting comprehensive research on Horizon Europe EIC initiatives and past successful applications can provide valuable insights. Clarity and Precision: Proposals should be clear, precise, and focused on the innovation’s impact, market potential, and scalability. Networking and Collaboration: Engaging with other startups and industry experts can foster collaboration, leading to stronger proposals. Feedback and Iteration: Before submitting, getting feedback from peers or mentors can help identify areas of improvement in the proposal. The EIC STEP Scale Up call is a transformative opportunity for European startups and SMEs seeking to enhance their innovation capabilities and grow within the competitive landscape. By leveraging the resources and guidance provided under the EIC framework, applicants can navigate the complexities of the application process and fulfill their scaling ambitions.
EIC Accelerator Module: Criteria and Support for Funding Innovative Startups and SMEs
EIC Accelerator Module: Understanding Admissibility and Eligibility Conditions The European Innovation Council (EIC) Accelerator Module plays a crucial role in supporting innovative startups and SMEs across Europe. This program aims to foster breakthrough technologies, ensuring that the projects align with the strategic interests of the European Union. The applicable admissibility and eligibility conditions are comprehensively outlined in Annex 2, unless otherwise specified in the current call. Specific Conditions In order to achieve the expected outcomes and safeguard the EU’s strategic assets, interests, autonomy, and security, it is imperative to avoid a situation of technological dependency on non-EU sources. This consideration is especially critical in today’s globalized world, where the EU strives to leverage its strengths while simultaneously addressing any strategic weaknesses, vulnerabilities, and high-risk dependencies that can hinder its ambitions. The scope of this call follows the identification of priority technology areas wherein there exists a pressing need to mitigate or eliminate strategic dependencies that could affect the Union’s interests. According to Article 136 of the Financial Regulation, recipients of the EIC Accelerator funding must not be directly or indirectly controlled by non-associated third countries or entities established therein. This condition ensures that EIC funding is directed to organizations that align with the EU’s vision of technological sovereignty and independence. It is also worth noting that, in instances of investment support, specific safeguards may be introduced in the investment agreement—highlighted further in the Introduction section discussing Economic Security. These safeguards are designed to protect the EU’s interests and to ensure that supported projects align with broader strategic goals. What Support Will You Receive if Your Proposal is Funded? The EIC STEP Scale Up call is a significant opportunity for innovative enterprises, offering a total indicative budget of EUR 300 million for 2025, which is projected to increase to EUR 900 million for the period 2025-2027. This substantial funding illustrates the EU’s commitment to fostering innovation and supporting startups and SMEs that are pushing technological boundaries. Importantly, any unused funds from this budget will prioritize support for the EIC Accelerator Open call, ensuring that all funding avenues remain accessible to a diverse range of applicants. Support from the EIC will be provided exclusively in the form of equity-only investments managed by the EIC Fund. It is crucial to note that applicants to this call will not receive a traditional grant component. Instead, this program offers notable financial backing, encouraging applicants to seek investments ranging from EUR 10 million to EUR 30 million. The goal is to co-invest in funding rounds that aim for a multiplier effect, strategically targeting three to five times the requested EIC contribution. The specific terms of each investment will be determined and negotiated on a case-by-case basis, adhering to the EIC Fund Investment Guidelines. This customized approach ensures that investments are uniquely tailored to meet the needs of the individual company while aligning with the overarching objectives of the EIC. Such flexibility allows for various innovative projects, from deep tech startups to established SMEs seeking to scale up, to benefit from EIC Accelerator funding. Understanding EIC Accelerator Application Process Those interested in applying for EIC Accelerator funding should familiarize themselves with the EIC Accelerator application process, including the specific eligibility criteria and the evaluation process. The EIC Accelerator success rate can vary, so having a strong proposal is essential. Understanding the EIC Accelerator evaluation criteria, which includes innovation potential, market opportunity, and the capability of the team, can significantly enhance your application’s chances of success. Moreover, utilizing EIC Accelerator tips and strategies can provide insight into crafting a compelling proposal. Engaging EIC coaching services can also be a best practice for refining your application. Potential applicants should also keep track of the EIC Accelerator application deadline 2025 to ensure they submit their proposals in a timely manner. Learning from EIC Accelerator case studies can offer practical insights into what has worked well for others in the past. Further Opportunities for Funding In addition to the EIC Accelerator, the EIC Pathfinder and EIC Transition funding programs are available, catering to different stages of innovative projects. While the EIC Pathfinder focuses on exploring innovative ideas, the EIC Transition aids in developing these ideas into commercial products. Understanding the differences between EIC Pathfinder vs EIC Accelerator is crucial for identifying which program aligns best with your project’s current stage. The EIC programs are part of the broader Horizon Europe EIC initiative, providing numerous European startup funding opportunities. Startups exploring non-dilutive funding for startups can also benefit from the various grants available under the EU’s funding mechanisms, including EU grants for deep tech startups and other innovative projects. It is essential for potential applicants to research the SME Instrument Phase 2 and other relevant funding options available within the European deep tech funding landscape. In conclusion, the EIC Accelerator Module stands as a beacon of support for innovative enterprises aiming to make significant impacts in their fields. By adhering to the admissibility and eligibility conditions outlined and leveraging the resources and support available through the EIC, startups and SMEs can unlock their full potential on the European and global stage.
EIC Fund Investment Decision and Proposal Evaluation Process
EIC Fund Investment Decision Process The investment decision process of the EIC Fund is a detailed and rigorous procedure that plays a vital role in supporting innovative businesses across Europe. After the thorough due diligence process is completed, the EIC Fund Investment Committee will convene to review the findings and make a decision regarding the investment. Following this assessment, if an investment is approved, an investment agreement will be established to formalize the partnership. In cases where applicants have indicated interest and granted permission, relevant information from their proposal may also be shared with appropriate InvestEU implementing partners, allowing those partners to consider offering Venture Debt support. Selection Criteria for EIC Fund Investment The European Innovation Council (EIC) evaluates proposals based on a range of selection criteria focused on innovation, potential market impact, and feasibility. The assessment is conducted by leading experts in the relevant fields, ensuring that applications receive fair and unbiased consideration. This competitive process is facilitated by the European Commission, which actively promotes transparency and equal opportunities for all eligible proposals submitted under the EIC Accelerator, EIC Pathfinder, and EIC Transition funding initiatives. Proposal Evaluation Process The evaluation process for the EIC STEP Scale-Up call operates on a “first come, first served” basis, prioritizing quicker submissions while still aligning with the overall budget strategy for the year. Juries evaluating proposals must consider the available budget for the entire year carefully. Specifically, in the first six months, the jury will recommend proposals that do not exceed 70% of the available budget. This accounts for any additional funds that may stem from prior awards that were not fully utilized, ensuring a dynamic and responsive funding approach. Award Criteria Every proposal submitted for the EIC Accelerator funding undergoes a rigorous assessment based on predefined award criteria. The EIC Jury, composed of experts, may focus their line of questioning during interviews on specific elements of your proposal, demonstrating their commitment to a comprehensive evaluation. Key aspects that can influence the jury’s assessment include the innovation’s scalability, the market potential, and the team’s capability to execute the proposed project. Possible Outcomes from the EIC Jury After the interview and overall assessment of your proposal, the EIC Jury has the authority to recommend one of three possible outcomes: GO and Sovereignty (STEP) Seal: This outcome signifies that your proposal has successfully met all evaluation criteria. It is recommended for a potential equity investment, allowing for a substantial boost to your project. The Jury may provide observations regarding the recommended investment amount or other strategic considerations pertinent to the investment decision or management. However, it is important to understand that the investment amounts approved in the Commission Award Decision are conditional upon the successful completion of due diligence and subsequent negotiations facilitated by the EIC Fund, in accordance with the established Investment Guidelines. As a result, investment amounts can be adjusted or even rejected for justifiable reasons. Further Information Required: In some cases, the jury may require additional clarifications or details to proceed with the evaluation, which can often involve follow-up interviews or further documentation. Not Recommended: Should your proposal not meet the required criteria or fail to align with the strategic goals of the EIC, the jury may recommend against proceeding. Constructive feedback will often be provided to help applicants improve future submissions. Upon receiving a positive recommendation, your project will be awarded the prestigious Sovereignty (STEP) Seal. This accolade not only provides recognition but also grants your initiative access to an array of Business Acceleration Services, enhancing your project’s future prospects. Strategies for a Successful EIC Accelerator Application To increase your chances of success in the EIC Accelerator application, several best practices should be observed. These include: Thorough Proposal Writing: Ensure your proposal is well-structured, clear, and aligns with the EIC Accelerator evaluation criteria. Highlight innovation, market needs, and your team’s qualifications. Coaching Services: Make use of EIC Accelerator coaching services to gain insights and improve your proposal before submission. Peer Review: Engage colleagues or mentors to review your proposal for clarity and impact. Adhere to Deadlines: Be conscious of application deadlines, especially as the EIC Accelerator application deadline 2025 approaches. Case Studies: Explore successful EIC Accelerator case studies to glean insights into what has worked for others in securing funding. Conclusion The EIC Accelerator funding opportunities play a crucial role in fostering innovation and supporting startups and SMEs across Europe. By adhering to selection criteria, understanding the proposal evaluation process, and employing effective application strategies, applicants can significantly enhance their chances of success. With a focus on non-dilutive funding options and a robust assessment process, the EIC is committed to advancing European deep tech initiatives, enabling the growth of startups and contributing to the broader innovation landscape within Horizon Europe.
EIC STEP Scale Up Call for Funding Innovative Technology in Europe
EIC Strategic Technologies for Europe Platform (STEP) Scale Up Call Does your company have a game-changing innovative technology focused on the development and commercialisation of a strategic technology for Europe in digital and deep tech, cleantech or biotech? If so, you are potentially on the brink of transforming entire industries and contributing to Europe’s technological sovereignty. Has your company already secured an initial investment and is now looking to raise a major funding round to scale up rapidly and become a global leader? At this critical stage, you need robust financial backing to turn your groundbreaking ideas into reality and maintain a competitive edge in the rapidly evolving market landscape. Does the successful commercialisation and scaling of your technology/innovation represent significant risks that mean that it cannot be sufficiently financed from market investors? Traditional funding avenues may not fully understand or appreciate the potential rewards and risks associated with deep tech innovations, which is why the EIC STEP Scale Up call is specifically designed to bridge this gap. If you answered yes to all these questions, then the EIC Strategic Technology for Europe Platform (STEP) Scale Up call could be your launchpad to success. This initiative provides substantial funding to fuel groundbreaking innovation in strategic technologies, propelling Europe’s economic, industrial, and technological competitiveness. As part of the Horizon Europe EIC framework, this new call has been introduced as a pilot action following the STEP Regulation to address critical market gaps in financing deep tech scale-up companies in Europe and to inform decisions on future support. Why Should You Apply? The EIC STEP Scale Up call presents a unique opportunity for ambitious scale-up companies—small and medium-sized enterprises (SMEs) and small mid-caps—with innovative breakthroughs in Europe’s critical technology areas. It offers a powerful combination of financial and strategic support, designed to propel your groundbreaking solution to the forefront of these sectors and enhance your likelihood for EIC Accelerator success. Companies selected under the EIC STEP Scale Up call can receive investments ranging from EUR 10 to EUR 30 million. This investment can significantly accelerate the development and market launch of your technology, product, or service. With this funding, you’ll gain the power to disrupt established markets and forge new ones. Additionally, the potential for equity-free grants for startups makes this opportunity especially appealing, as it allows you to scale without sacrificing ownership. The EIC funding is not only about financial support; it also encompasses invaluable guidance and access to a pan-European network of experts, investors, and strategic partners. The inclusion of coaching services aimed at helping you navigate the complexities of scaling a company can be game-changing. Understanding how to apply for EIC Accelerator funding can put you in a favorable position to secure the necessary resources to expand your operations effectively. Eligibility Criteria and Application Process Eligible applicants for the EIC STEP Scale Up call include SMEs and small mid-caps that have already demonstrated a significant market impact with their innovative products or services. Companies must showcase a clear path to commercialisation and articulate a compelling case for why their technology is not just innovative, but also essential for Europe’s future competitiveness. To take full advantage of this funding opportunity, understanding the EIC Accelerator evaluation criteria is crucial. Applications will be assessed based on their innovation potential, market opportunity, and the strength of the management team. The EIC Accelerator success rate varies, but thorough preparation can significantly improve your chances. As you prepare your application, consider best practices for EIC Accelerator application writing. Clear and concise communication of your value proposition, business model, and market analysis will be vital. Engaging with potential partners and gathering relevant case studies can also strengthen your proposal and showcase the tangible impacts of your innovation. Next Steps and Strategic Considerations To move forward, start by reviewing the EIC STEP Scale-Up guidelines thoroughly and consult the EIC Accelerator application deadline for 2025 to ensure your submission is timely. Engage with mentors or advisors who have experience with EU innovation funding to refine your approach. Explore the difference between EIC Transition funding and EIC Accelerator funding to determine the best fit for your specific needs. This call not only represents an opportunity for funding but also a chance to join a dynamic community of innovators focused on shaping Europe’s technological landscape. As deep tech startups continue to emerge, the EIC STEP Scale Up call stands as a beacon of hope, designed to provide the necessary resources and support to ensure your company thrives in a competitive global marketplace.
EIC STEP Scale Up Call: Support for Scaling Innovative Technologies in Europe
EIC Strategic Technologies for Europe Platform (STEP) Scale Up Call The EIC Strategic Technologies for Europe Platform (STEP) Scale Up Call aims to amplify the impact of innovative technologies across Europe by providing essential support and resources for scaling. This initiative aligns with the broader objectives of the European Innovation Council (EIC) to foster innovation and enhance the competitiveness of European startups and SMEs. Overview of EIC STEP Scale-Up Call The STEP Scale Up Call is particularly focused on enhancing the visibility and growth potential of emerging technologies. With the rapid evolution of technology and increased competition in global markets, scaling effectively is critical. The EIC offers a unique blend of resources, including funding opportunities, mentorship, and access to a wider network, specifically designed to propel startups and innovative SMEs through the often challenging scale-up phase. Business Acceleration Services The EIC provides an extensive array of business acceleration services that are instrumental in nurturing innovative startups and SMEs. These services are designed not only to enhance growth potential but also to facilitate market entry, strengthen competitive advantages, and ensure alignment with market demands. EIC Business Coaches (Direct EIC Services) As part of the EIC program, participants can leverage the expertise of dedicated business coaches. These highly qualified professionals offer personalized guidance tailored to the unique challenges faced by each business. They assist in strategic planning, operational scaling, and navigating the complexities of EIC Accelerator applications, ensuring that businesses are well-prepared to secure EIC funding and achieve sustained growth. EIC Community and Women Leadership Programme The EIC places a strong emphasis on diversity and inclusion within the innovation landscape. The Community and Women Leadership Programme actively seeks to empower female entrepreneurs, providing them with resources, visibility, and networking opportunities. By enhancing female representation in leadership roles, the EIC aims to create a more balanced and inclusive innovation ecosystem, which is not only beneficial for society but also critical for unlocking new ideas and perspectives in technology. Investors’ Outreach Activities To bridge the gap between innovators and potential investors, the EIC organizes a series of targeted outreach activities. These initiatives are designed to promote investment opportunities and showcase innovative projects that align with current market needs. By connecting startups directly with investors, the EIC facilitates access to crucial funding sources, including equity-free grants for startups and other forms of European startup funding opportunities. Ecosystem Partnership Programme & Promotion of ESG Reporting Collaboration is at the heart of the EIC’s Ecosystem Partnership Programme. This initiative encourages partnerships among innovators, industry leaders, academia, and research institutions. It emphasizes the importance of adopting best practices in Environmental, Social, and Governance (ESG) reporting, which is pivotal for responsible innovation and sustainable business practices. By fostering such collaborations, the EIC seeks to create a robust innovation ecosystem that supports deep tech startups in achieving their growth objectives. EIC Participation in Trade Fairs in 2026 As part of its ongoing commitment to innovation promotion, the EIC plans to participate in various high-profile trade fairs in 2026. These platforms will provide invaluable opportunities for startups to showcase their technologies, build brand awareness, and connect with potential partners, customers, and investors. Such exposure is crucial for scaling businesses and can significantly enhance the EIC Accelerator success rate among participating startups. Global Soft-landing Programme The Global Soft-landing Programme is specifically designed to assist European startups in entering new international markets. By providing tailored support, resources, and market intelligence, the program aims to facilitate smoother transitions into diverse business environments. This initiative is essential for startups seeking to expand their reach and capitalize on global opportunities, particularly in the context of non-dilutive funding for startups which can be utilized for international expansion. EIC Prizes The EIC recognizes outstanding contributions to innovation through its various prize initiatives, which serve to motivate and inspire individuals and organizations across Europe. These prizes not only highlight exceptional achievements but also foster a culture of excellence and encourage more individuals to pursue innovation. The European Prize for Women Innovators This prestigious award celebrates the achievements of women in innovation, spotlighting their crucial role in driving technological advancements. By recognizing their contributions, the EIC aims to inspire the next generation of female innovators and promote gender equality in the field of technology and entrepreneurship. The European Capital of Innovation Awards (iCapital) The iCapital awards acknowledge cities that excel in promoting innovation and enhancing urban life through creative initiatives and smart solutions. These awards serve as a benchmark for urban innovation and can lead to increased visibility and investment in winning cities, contributing to the overall advancement of the European innovation landscape. Other Actions In addition to its core programs and services, the EIC undertakes various actions aimed at supporting its strategic objectives. These efforts are crucial for maintaining the integrity and effectiveness of the EIC’s initiatives. Honoraria and Expenses of the EIC Board The EIC Board plays a vital role in guiding the organization’s strategic direction and decision-making processes. Provisions for their honoraria and expenses are essential for ensuring that the Board can operate effectively and maintain high standards of governance. External Expertise for Monitoring, Ethics, and Policy Advice The EIC engages with external experts to gain insights into monitoring practices, ethical considerations, and policy advice. This collaboration ensures that EIC activities align with best practices and regulatory frameworks, promoting transparency and accountability in all endeavors. Communication, Outreach, Events Effective communication and outreach strategies are imperative for promoting the EIC and its initiatives. Regular events, webinars, and workshops are organized to raise awareness about the available EIC funding opportunities, including EIC Accelerator, EIC Pathfinder, and EIC Transition funding. These engagements not only educate potential applicants on how to apply for EIC Accelerator grants but also provide networking opportunities to foster connections between innovators and stakeholders in the tech ecosystem. Overall, the EIC STEP Scale Up Call is a vital initiative that embodies the EIC’s commitment to nurturing innovation and driving economic growth in Europe. By providing essential support, resources, and recognition, the EIC empowers startups and innovators
EIC STEP Scale Up Call: Funding Support for Emerging Technologies in Europe
EIC STEP Scale Up Call and Support for Emerging Technologies The EIC STEP Scale Up call is a crucial initiative launched by the European Innovation Council (EIC), aimed at promoting cutting-edge technologies and innovations within multiple sectors, particularly in digital technologies, clean and resource-efficient technologies, including those aimed at achieving net-zero targets, and advanced biotechnologies. This initiative not only aligns with the overarching goals of the Horizon Europe framework but also emphasizes strategic areas that support the ongoing Chips Act and address health emergency responses. With a dedicated budget, the EIC STEP Scale Up also facilitates follow-on investments for companies that have successfully navigated previous EIC Work Programmes, ensuring continuity and growth in their innovation journey. Target Areas for Investment In 2025, the EIC STEP Scale Up call will particularly focus on supporting startups engaged in semiconductor and quantum technologies. These areas are deemed essential for technological sovereignty and economic resilience within the European Union. The STEP Scale Up call will foresee larger investments specifically targeting these strategic technologies, in close alignment with the objectives of the Chips Act and the EU’s broader commitment to fostering a vibrant digital economy. Furthermore, the EIC Accelerator Open call will continue to be available for startups and SMEs, including those focused on emerging fields such as quantum computing and semiconductor manufacturing, thus providing a rich pool of opportunities for innovation-driven enterprises. Innovation Prizes and Supporting Actions The EIC Work Programme is structured not only to offer funding but also to promote a variety of innovation prizes and associated actions that enhance the operational effectiveness of the EIC. These actions encompass expert contracts, data management capabilities, comprehensive communication strategies, and IT services. By nurturing a supportive ecosystem, the EIC aims to streamline processes that foster innovation and boost the potential for successful outcomes in funded projects. Such initiatives are vital as they ensure that the EIC remains at the forefront of driving technological advancements across Europe. Maximizing Linkages Between Funding Schemes In an effort to create synergies within various funding schemes, the EIC will take proactive measures to maximize linkages and foster collaboration among different initiatives. This includes the introduction of innovative funding instruments such as ‘Booster’ grants for projects under the EIC Pathfinder and EIC Transition. These grants aim to support early-stage research projects in their subsequent phases. The Fast Track scheme will be instrumental in expediting access for successful projects from EU programs to transition into the EIC Accelerator, thereby enhancing the chances of obtaining vital EIC funding. Additionally, the Plug-in initiative will facilitate seamless access to projects stemming from national programs, further enriching the funding landscape for European startups. Upcoming EIC Pre-Accelerator Call In line with the Horizon Europe Work Programme 2025, a pilot EIC Pre-Accelerator call is anticipated. This call aims to support early-stage deep tech startups in developing the necessary technology, business framework, and investment readiness. By doing so, it prepares these startups for the rigorous application process for funding from the EIC Accelerator or other funding sources. It is particularly noteworthy that beneficiaries under the Pre-Accelerator call will also gain access to specific Business Acceleration Services and the Fast Track mechanism into the EIC Accelerator. This layered approach ensures that startups are equipped with the tools and knowledge necessary to navigate the complex landscape of European funding opportunities effectively. Understanding EIC Accelerator Funding The EIC Accelerator acts as a pillar for non-dilutive funding for startups, offering a unique blend of grants and equity funding tailored for innovative companies. Entrepreneurs can learn about the differences between EIC Accelerator grants vs equity, understanding how these funding mechanisms can complement each other. Knowing the EIC Accelerator funding eligibility criteria and the EIC Accelerator application deadline 2025 is essential for startups aiming to secure funding. Startups can enhance their prospects with EIC Accelerator proposal writing tips, strategies, and best practices for a successful application. Furthermore, EIC Accelerator coaching services provide invaluable support, equipping applicants with the insights needed to meet the EIC Accelerator evaluation criteria. Conclusion This comprehensive framework of support mechanisms not only underscores the EIC’s commitment to fostering innovation and technological advancement across Europe but also illustrates the scale and scope of European startup funding opportunities. By addressing critical areas in technology and supporting early-stage innovations, the EIC is paving the way for a thriving ecosystem that nurtures deep tech startups and promotes sustainable growth within the European Union. The EIC’s various funding initiatives, including the upcoming EIC STEP Scale Up and the forthcoming EIC Pre-Accelerator call, are testaments to its proactive approach in shaping a prosperous future marked by technological excellence and resilience.
EIC Accelerator and EIC STEP Scale Up Funding Overview for Startups and SMEs
EIC Accelerator and EIC STEP Scale Up Overview The European Innovation Council (EIC) stands as a beacon of support for high-risk and high-gain innovations, driving European startups and SMEs toward successful market entry and scalability. Among its various initiatives, the EIC Accelerator and EIC STEP Scale Up programs emerge as pivotal elements in facilitating the growth of innovative enterprises, particularly in the deep tech sector. These programs are not just about funding; they represent a comprehensive ecosystem aimed at mentoring, guiding, and empowering entrepreneurs to navigate the complex landscape of innovation. EIC Accelerator The EIC Accelerator specifically targets businesses whose innovations exhibit substantial potential for market impact. It is designed for startups and SMEs (small and medium-sized enterprises) that have developed groundbreaking ideas and technologies. The application process for the EIC Accelerator involves a rigorous evaluation, which comprises remote assessments, interviews, and a binary scoring system—outcomes are classified as either ‘GO’ or ‘NO GO.’ This stringent evaluation criteria ensures that only the most promising propositions receive EIC funding, thereby increasing the overall success rate of funded projects. Understanding how to apply for the EIC Accelerator can greatly enhance a startup’s chances of securing funding. Applicants are advised to focus on clear and concise proposal writing, emphasize their innovation’s unique value proposition, and demonstrate the market need they are addressing. The EIC Accelerator application deadline 2025 is crucial for entrepreneurs to note, as timely submissions are essential for consideration. Additionally, the program offers comprehensive coaching services for applicants, providing EIC Accelerator tips and strategies that can significantly improve their proposals. These resources are invaluable for entrepreneurs seeking to refine their pitch and maximize the chances of approval. Understanding the EIC Accelerator evaluation criteria can also bolster a proposal, allowing applicants to align their submissions with the expectations of evaluators. EIC STEP Scale Up The EIC STEP Scale Up initiative further expands the support framework for innovative companies, specifically targeting those that are on the cusp of scaling their operations. This program is tailored for businesses that have previously benefited from EIC support, offering them the opportunity to secure larger funding rounds necessary for accelerating their growth trajectory. The program is particularly advantageous for startups in the deep tech arena, where funding requirements are often substantial. Within the STEP Scale Up framework, participants can receive non-dilutive funding for startups, enabling them to expand without relinquishing equity. This aspect of the program is vital for many entrepreneurs who wish to maintain control over their companies while pursuing ambitious growth plans. For detailed guidelines regarding eligibility and application procedures, interested parties should refer to Section V of the official EIC documentation. Policy on Open Access and Intellectual Property Rights The EIC is deeply committed to a robust policy of open access, particularly concerning scientific publications and the dissemination of research results. This commitment is articulated in Annex 2 on Open Science. By promoting open access, the EIC aims to facilitate knowledge sharing that is crucial for innovation, ensuring that research outputs are accessible to a wide audience. This approach not only strengthens individual projects but also enriches the broader scientific community. Moreover, the EIC underscores the importance of intellectual property rights (IPR) in safeguarding innovative ideas. Startups and innovators receiving EIC funding are encouraged to actively manage their IP to enhance their commercial potential. This strategic focus on IP can significantly influence a startup’s ability to attract further investment, thus contributing to their overall sustainability and impact. Cross-Fertilization and Information Sharing To amplify the impact of supported projects, the EIC actively promotes cross-fertilization and information sharing among its participants. Companies involved in EIC Pathfinder and EIC Transition projects may be asked by EIC Programme Managers to share insights and preliminary findings with other innovators. This collaborative approach is designed to foster a culture of openness and knowledge exchange, allowing innovators to learn from one another and refine their technologies. The implications of this information sharing are profound; by encouraging participants to engage with each other, the EIC nurtures an interconnected ecosystem that catalyzes further innovation. This ethos of collaboration is critical, as it enhances the visibility of individual projects while contributing to the collective achievement of the European startup community. EU grants for deep tech startups are made more effective by such synergy, as the shared knowledge can lead to more robust outcomes. Conclusion In summary, the European Innovation Council’s initiatives, namely the EIC Accelerator and EIC STEP Scale Up, play a significant role in shaping the future of innovation in Europe. By offering tailored support, funding opportunities, and fostering collaborative environments, these programs collectively drive the European startup ecosystem forward. As entrepreneurs navigate the complexities of scaling their innovations, leveraging EIC resources will be key to unlocking their full potential and ensuring long-term success in a competitive global marketplace. For those interested in these funding opportunities, staying informed about the programs, understanding the application processes, and networking with other innovators can significantly enhance the chances of success. Engaging with the EIC community not only provides access to vital funding but also opens doors to collaboration and knowledge exchange that can propel startups to new heights.
EIC STEP Scale Up Call for Funding Innovative Startups and SMEs
EIC Strategic Technologies for Europe Platform (STEP) Scale Up Call The EIC Strategic Technologies for Europe Platform (STEP) Scale Up Call presents a groundbreaking opportunity for innovators looking to propel their cutting-edge technologies into the European market. Are you part of a dynamic startup or an SME focusing on digital and deep tech, cleantech, or biotech? If so, this could be your chance to make a significant impact! As part of the European Innovation Council (EIC) initiative, this program is specifically designed to foster innovation and support startups and SMEs that demonstrate high potential. The EIC Accelerator, EIC Pathfinder, and EIC Transition are part of a cohesive strategy to cultivate Europe’s tech landscape, making funding available for transformative projects. Whether you’re an emerging startup or a scaling SME, the EIC STEP Scale Up call is tailored for you. Is This Call For You? Consider the following key questions: Does your company possess a groundbreaking technology that can be developed and commercialized within Europe? Have you successfully secured initial funding but find yourself in need of additional capital to accelerate growth and stake your claim as a market leader? Are you facing significant risks that make traditional financing avenues challenging to navigate, thereby complicating your funding journey? If your answer is “yes” to all these questions, then you are ideally positioned to take advantage of the EIC STEP Scale Up call! What This Call Offers This call offers substantial funding opportunities to help promising new technologies thrive. With a financial support range of EUR 10 million to EUR 30 million, successful applicants will gain the resources necessary to enhance the speed of technology development, product rollout, and market penetration. This could mean the difference between simply existing and truly disrupting the market. The funding available through the EIC STEP Scale Up call is intended to address the challenges faced by startups and SMEs in the European deep tech ecosystem. The EIC grants can help you reduce dependencies on conventional financing methods, enabling you to focus on innovation and growth. Why Apply? The EIC STEP Scale Up call is an invaluable resource for small and medium-sized enterprises with ambitious visions in significant technology sectors. Here are some compelling reasons to consider applying: Substantial Funding: With funding options ranging from EUR 10 million to EUR 30 million, you can secure the capital necessary to develop your technology, expand your operations, and scale your business effectively. Non-Dilutive Funding: Unlike typical equity financing, the EIC Accelerator provides non-dilutive funding opportunities that allow you to maintain control over your company while accessing essential financial support. Expert Guidance: The EIC Accelerator offers coaching services and resources to help navigate the complexities of the application process, improve your proposal writing, and enhance your chances of success. Networking Opportunities: By joining the EIC community, you gain access to a network of innovators, investors, and industry leaders who can provide valuable insights and potential collaborations. Understanding EIC Funding Mechanisms In the context of the EIC funding landscape, it’s essential to recognize the differences among programs like EIC Pathfinder, EIC Transition, and EIC Accelerator. The EIC Pathfinder focuses on early-stage research and development, whereas the EIC Transition funds projects looking to bridge the gap between research and market introduction. The EIC Accelerator, specifically geared towards startups and SMEs, offers the resources needed for scaling innovative solutions. Understanding the eligibility criteria for EIC funding can significantly influence your application strategy. Consider aspects such as your product’s market readiness, the technology’s innovative potential, and alignment with EU priorities for sustainable growth. Best Practices for EIC Accelerator Applications If you’re considering applying for EIC Accelerator funding, here are some best practices to keep in mind: Thorough Proposal Preparation: Take the time to craft a comprehensive proposal that clearly outlines the innovation, market potential, and impact of your technology. Engage with Coaching Services: Utilize EIC Accelerator coaching services for feedback on your proposal and insights into the evaluation criteria, which can enhance your submission’s quality. Research and Networking: Connect with previous EIC beneficiaries and case studies to learn from their experiences and understand the nuances of successful applications. Focus on Impact: Highlight the potential economic, social, and environmental impacts of your technology to demonstrate its value to stakeholders and evaluators. How to Apply for EIC Accelerator Funding Applying for the EIC Accelerator includes several steps, and staying updated with application deadlines is crucial. The application process typically involves an initial submission of a short proposal, followed by a full application for selected candidates. For 2025, specific deadlines for applications are set, so make sure to mark your calendar and prepare accordingly. In conclusion, the EIC STEP Scale Up call is a vital stepping stone for European startups and SMEs with transformative technologies. If you believe your company fits the criteria, consider applying and join the ranks of innovators shaping the future. Don’t miss this opportunity to secure your place in the rapidly evolving European tech landscape!
EIC STEP Scale Up Call: Funding Opportunities for Innovative Startups in Europe
EIC STEP Scale Up Call The EIC STEP Scale Up call represents a significant initiative within the framework of the EIC Accelerator program, designed to foster innovation and support European startups in scaling their groundbreaking technologies. This call is established under the Horizon Europe Regulation, specifically Article 48, and was updated by Article 17(2) of the STEP Regulation. It aims to enhance the support provided to innovative small and medium-sized enterprises (SMEs) and startups, thereby driving growth and competitiveness in the European market. Key Features The EIC STEP Scale Up call maintains similar rules regarding indirect management and the inclusion of parent or holding companies as seen in the regular EIC Accelerator call. This means that those eligible for the EIC Accelerator funding can also apply for the STEP Scale Up call under comparable conditions. The call is tailored to maximize the effectiveness of European Innovation Council (EIC) funding, helping startups and SMEs transition from early-stage funding to substantial growth phases. One of the unique features of the STEP Scale Up call is its focus on support for scaling innovative technologies that have demonstrated initial market traction. EIC Accelerator SMEs and startups looking to leverage this opportunity can benefit from a range of financial instruments including equity-free grants, which distinguish this funding from other sources of financing like venture capital. Guidance Note Understanding the intricacies of the EIC STEP Scale Up call requires diligence, and fortunately, there is guidance available that elucidates certain aspects of Regulation (EU) 2024/795. This regulation, pertaining to the Strategic Technologies for Europe Platform (STEP), outlines how the EIC aims to align its funding strategies with the broader objectives of the European Union’s innovation agenda. For applicants, it’s crucial to familiarize themselves with the EIC Accelerator evaluation criteria, which will play a pivotal role in the assessment of proposals. The criteria typically encompass aspects such as innovation potential, market fit, and the overall impact of the proposed project, making it essential for applicants to prepare their proposals thoroughly. More Information The STEP regulation not only introduces changes to the existing EIC Accelerator structure but also intersects with various other legislative directives, including Directive 2003/87/EC and several EU regulations from 2021 and 2013. Understanding these interconnections can provide valuable insights into how EIC funding can be optimized for various types of innovation-driven projects within the EU landscape. The EIC Accelerator program, along with its complementary initiatives such as the EIC Pathfinder and EIC Transition, creates a robust ecosystem of support for European deep tech startups. This ecosystem is geared towards providing non-dilutive funding opportunities, enabling startups to retain ownership while pursuing innovative solutions and technologies. Tips and Strategies for EIC Accelerator Application For aspiring applicants, here are some best practices for a successful EIC Accelerator application: Craft a Compelling Proposal: Clearly articulate your project’s objectives, innovation aspects, and expected impacts. Highlight how your technology addresses market needs. Focus on Market Strategy: Include a robust market analysis to demonstrate potential customer demand and competitive advantage. Leverage EIC Coaching Services: Utilize coaching services offered by the EIC to refine your application and ensure you meet all eligibility criteria. Be Mindful of Deadlines: Stay updated on the EIC Accelerator application deadline for 2025 to ensure you submit on time and avoid missing out on vital funding opportunities. Reference For more detailed information regarding the EIC STEP Scale Up call, including application procedures and evaluation metrics, you can check the official document here: EU Regulation 2024/795. By engaging with the EIC STEP Scale Up call, innovative startups have a unique opportunity to access funding that can dramatically accelerate their growth trajectories and contribute significantly to the European innovation landscape.
EIC Accelerator Funding Overview: Eligibility, Process, and Investment Details
EIC Accelerator Funding: Comprehensive Overview What is the EIC Accelerator? The EIC Accelerator is a flagship financial instrument under the auspices of the European Innovation Council (EIC), designed to support small and medium-sized enterprises (SMEs) and startups within the European Union. The program aims to bridge the funding gap for innovative companies, particularly those engaged in developing groundbreaking technologies and solutions. By offering both equity and grants, the EIC Accelerator plays a crucial role in fueling the growth of startups focused on addressing societal challenges and enhancing Europe’s competitiveness on the global stage. Eligibility Requirements To qualify for EIC Accelerator funding, it is imperative to review Annex 2 for specific eligibility conditions tailored to your business profile. Notably, the program emphasizes the importance of safeguarding the EU’s interests and security, which entails avoiding reliance on technologies sourced from non-EU countries. This stipulation is critical as the EIC seeks to reduce dependencies on external technologies, fostering innovation and self-sufficiency within the EU ecosystem. Moreover, businesses must be actively engaged in research and innovation, aiming to deliver significant societal or economic impact while adhering to European values and standards. Who Can Apply? The EIC Accelerator is accessible to companies that are not under the control of non-associated third countries. In simpler terms, if your enterprise operates under the influence of a company based outside the EU, your application could be jeopardized. This stipulation is crucial for maintaining the integrity and autonomy of EU-based startups. To successfully navigate the EIC Accelerator application, it is vital to provide transparent ownership structures and operational insights, ensuring compliance with the eligibility criteria set forth by the program. Funding Details The EIC STEP Scale-Up call, set against a backdrop of substantial financial backing, boasts a budget of EUR 300 million allocated for 2025. This figure has the potential to escalate to a remarkable EUR 900 million over the span of 2025-2027, reinforcing the EU’s commitment to fostering innovation. Should there be any unallocated funds, they will be redirected to the EIC Accelerator Open call, enabling a wider range of applicants to access funding. It’s essential for potential applicants to remain informed about the evolving budgetary landscape, as these figures could impact the EIC Accelerator success rate and opportunities available. Investment Support Unlike traditional grant structures, funding through the EIC Accelerator will be provided as equity investments managed directly by the EIC Fund. Companies can anticipate financial support ranging from EUR 10 million to EUR 30 million. The overarching goal is to co-invest in funding rounds with an expectation of achieving at least three to five times the requested amount. It is important to recognize that the terms of each investment will be negotiated on a case-by-case basis, tailored to fit the unique needs of your business while aligning with the strategic objectives of the EIC. This structured approach not only supports financial growth but also allows for a mutually beneficial partnership between the EIC and the applicant. Application Process: Best Practices Applying for the EIC Accelerator can be a daunting task, but leveraging strategic insights can enhance your chances of success. Here are some tips to guide your EIC Accelerator proposal writing: Understand the Evaluation Criteria: Familiarize yourself with the EIC Accelerator evaluation criteria, which assess innovation potential, market opportunity, and the overall impact of your project. Tailor Your Application: Craft a compelling narrative about your technology and its societal benefits. Make sure your application aligns closely with the goals of the EIC. Utilize Coaching Services: Consider engaging with EIC Accelerator coaching services for expert advice on refining your proposal and navigating the application process. Prepare for the Presentation: If selected, you may need to present your project to a panel. Being well-prepared can significantly impact your chances of receiving funding. Stay Updated: Keep track of the EIC Accelerator application deadline 2025 and any changes in the funding landscape to ensure timely submissions. Conclusion In summary, the opportunity to apply for EIC Accelerator funding is an invaluable prospect for innovative SMEs and startups looking to expand and make an impact within the EU. Understanding the conditions, eligibility requirements, and the strategic approach to application can markedly enhance your chances of securing funding. This initiative not only aims to propel your business forward but also aligns with the EU’s strategic interests in fostering innovation and reducing dependencies on external technologies. By participating in this program, you are contributing to a vibrant ecosystem of European innovation that prioritizes sustainability, security, and economic resilience.