Overview of EIC STEP Scale Up Call and Funding Opportunities for Innovators
Exciting Opportunities Ahead: The EIC STEP Scale Up Call! Get ready to be thrilled! The EIC STEP Scale Up call is here, and it’s open for business! This call presents a golden opportunity for all innovators and entrepreneurs working in the dynamic fields of digital technologies, clean and resource-efficient technologies, including those working towards net-zero solutions, and biotechnologies. If you are in the field of European deep tech funding, this is a chance you cannot miss! But wait, there’s more! The EIC is not just stopping at the current calls. A budget has been set aside to support follow-on investments for companies that have been selected in previous EIC Work Programmes. This initiative aims to nurture thriving startups and scale-ups, ensuring that once you gain traction, there is a pathway for additional financial backing. If you are one of the fortunate innovators who have already made strides, you’re in line for even more support through EIC grants! 2025: The Year of Semiconductor and Quantum Technologies Looking to the future, in 2025, the EIC is setting its sights squarely on the rapidly evolving fields of semiconductor technologies and quantum technologies. The STEP Scale Up call will emphasize larger investments in these strategic areas, especially in alignment with the Chips Act. This focus means that start-ups innovating in these cutting-edge arenas will have increased access to EIC funding and resources. Exciting times are indeed ahead! The EIC Accelerator Open Call Don’t forget, the EIC Accelerator Open call is also available to startups and SMEs across various sectors, including those in quantum and semiconductor technologies. With a commitment to fostering innovation, the EIC paves the way for a diverse range of projects to thrive. This call encourages a vibrant innovation ecosystem, ensuring that all players, from nascent startups to established SMEs, can access the financial resources they need. Innovation Prizes and More! The Work Programme is brimming with opportunities, including exciting innovation prizes and a plethora of supporting actions. This includes expert contracts, data management, communication, and IT support. The EIC is committed to fostering a thriving environment for innovators, and these prizes are a testament to that commitment. Through the EIC’s various funding schemes, participants can unlock resources that expedite their journey from concept to market-ready solutions. Connecting the Dots One of the most exciting aspects of the EIC Work Programme is its focus on maximizing linkages between various funding schemes. This includes innovative approaches like Booster grants for EIC Pathfinder and EIC Transition projects, along with the Fast Track scheme that accelerates the journey of successful projects from EU programmes to the EIC Accelerator. This interconnected approach extends the opportunities available for funding, making it more accessible for innovative startups seeking to transition from early-stage development to commercial success. A New Pilot Program: Pre-Accelerator Call! In 2025, we will also see the introduction of a pilot EIC Pre-Accelerator call as part of the Horizon Europe Work Programme. This call is specifically designed to support early-stage deep tech startups in refining their technologies, business models, and investment readiness. The Pre-Accelerator represents a pivotal moment for entrepreneurs, providing critical resources and coaching services that lay a solid foundation for further applications, particularly for the EIC Accelerator and other funding opportunities. This is your chance to get the foundation you need to successfully apply for funding! Best Practices for EIC Accelerator Applications When navigating the EIC ecosystem, understanding how to apply for the EIC Accelerator is essential. Key considerations include being familiar with the EIC Accelerator evaluation criteria, as they play a crucial role in determining the success rate of your application. It is beneficial to develop your proposal with a clear narrative that aligns with the EIC’s goals of innovation and impact. Resources such as EIC Accelerator coaching services and EIC Accelerator tips and strategies can provide invaluable assistance in crafting a compelling application. The Road Ahead: Funding Eligibility and Options As you embark on this journey, be mindful of the EIC Accelerator funding eligibility criteria. Understanding these requirements will help you position your project effectively for success. The flexibility of the EIC Accelerator, offering equity-free grants for startups alongside equity options, stands out as a significant advantage. This approach allows entrepreneurs to choose the best funding mechanism that aligns with their business strategies while retaining control over their innovations. So, whether you’re an established innovator or just starting out, the future is bright with opportunities through the EIC. Engaging with resources, connecting with the community, and leveraging available funding can significantly enhance your innovation journey. Get ready to innovate, collaborate, and make an impact!