EIC STEP Scale Up Call Overview
The EIC STEP Scale Up call is an integral part of the European Innovation Council (EIC) strategy to foster groundbreaking innovations across Europe. This funding initiative focuses on supporting technologies and innovations in several crucial areas aimed at addressing both societal needs and enhancing global competitiveness. Specifically, the domains of interest include:
- Digital Technologies: Emphasizing advancements in artificial intelligence, cybersecurity, and blockchain.
- Clean and Resource Efficient Technologies: Innovations that promote sustainability and reduce environmental impact.
- Biotechnologies: Focused on health tech and food security solutions that leverage biological processes.
Moreover, there is a dedicated budget available to support companies that were selected in earlier EIC Work Programmes, fostering a continuity of funding that aids in scaling innovations that have already proven their potential.
Future Plans for 2025
Looking ahead to 2025, the EIC STEP Scale Up call will specifically target:
- Start-ups in Semiconductor Technologies: As the demand for semiconductors continues to grow, support for innovation in this area is crucial for Europe’s technological sovereignty.
- Quantum Technologies: These technologies have the potential to transform computing, communications, and sensing applications, making them a strategic focus for future investments.
This support aligns with the Chips Act and is part of a broader commitment to strategic technologies that position Europe at the forefront of global innovation. Additionally, the EIC Accelerator Open call will continue to be available for startups and SMEs, providing substantial opportunities for receiving EIC funding.
Innovation Prizes and Support Actions
The Work Programme also includes various innovation prizes and other support actions designed to enhance the efficiency and effectiveness of the EIC. These actions encompass:
- Expert Contracts: Engaging specialists to provide guidance and mentorship for project development.
- Data Management: Supporting projects in handling and utilizing data effectively for innovation.
- Communication and IT services: Ensuring successful outreach and technology dissemination among stakeholders.
Through these initiatives, the EIC aims to create a vibrant ecosystem for innovation that encourages collaboration and knowledge sharing.
Funding Scheme Connections
The EIC is making concerted efforts to connect various funding schemes to streamline access to resources for innovators. This connectivity will be facilitated through:
- ‘Booster’ grants for Pathfinder and Transition projects: These grants will aid early-stage innovations taking their first steps towards commercial viability.
- The Fast Track scheme: Designed for projects that have emerged from existing EU programs, allowing for a smoother transition into commercial applications.
- The Plug-in: Aimed at incorporating projects from national programs into the broader EIC funding structure.
By establishing these connections, the EIC seeks to enhance the impact of its funding mechanisms and provide comprehensive support to European innovators.
New Pilot Call in 2025
The Horizon Europe Work Programme 2025 will introduce a new pilot EIC Pre-Accelerator call. This call is specifically designed to assist early-stage deep tech startups in:
- Developing their technology: Providing resources to refine and enhance their technological solutions.
- Improving business readiness: Equipping startups with essential skills for navigating the marketplace.
- Increasing investment readiness: Preparing startups to attract funding from various sources, including private investors and venture capitalists.
This initiative will position these startups to successfully apply for the EIC Accelerator or other funding sources, highlighting the EIC’s commitment to nurturing innovation from conception to market entry.
Conclusion
As we look to the future, the EIC STEP Scale Up call, along with the EIC Accelerator and its various funding initiatives, represents a profound commitment to fostering innovation and entrepreneurship across Europe. Startups and SMEs seeking EU grants for deep tech startups should consider leveraging the available resources and opportunities, including EIC Accelerator grants, to maximize their potential. The strategic focus on sectors such as semiconductors and quantum technologies underscores the EIC’s forward-thinking approach to shaping a sustainable and competitive European economy.
For those interested in applying, understanding the EIC Accelerator application process is crucial. Applicants should familiarize themselves with the specific EIC Accelerator evaluation criteria, best practices for proposal writing, and tips and strategies for a successful application. By tapping into the vast network and resources offered by the EIC, innovators can turn their visionary ideas into reality.