EIC STEP Scale Up Call: Funding Opportunities for Startups and SMEs in Europe
Exciting Opportunities Await with the EIC STEP Scale Up Call! Are you ready to take your innovative project to the next level? The EIC STEP Scale Up call is here to offer you an incredible chance to secure funding and make your vision a reality! With an indicative budget of EUR 300 million for 2025, expected to soar to a whopping EUR 900 million for the period 2025-2027, this is your moment to shine! Why This Call Matters The importance of this call cannot be overstated! In our fast-paced global environment, the European Union is committed to reducing technological dependencies and enhancing strategic autonomy. This call specifically targets priority technology areas, ensuring that we build on our strengths while addressing vulnerabilities. By participating in the EIC STEP Scale Up call, you actively contribute to safeguarding the Union’s strategic assets and interests. Furthermore, the call aligns with the broader objectives of the European Innovation Council (EIC), which aims to support groundbreaking ideas and innovative startups through various funding initiatives, including the EIC Accelerator and EIC Pathfinder. Your innovative solutions could potentially lead to advancements in areas such as green technologies, artificial intelligence, and biotech—all of which are pivotal for Europe’s future competitiveness. Who Can Apply? Are you a passionate innovator ready to disrupt the status quo? If so, this call is for you! However, keep in mind that to receive funding, your proposal must meet certain admissibility and eligibility conditions outlined in Annex 2. Notably, recipients must not be directly or indirectly controlled by a non-associated third country, reflecting the EIC’s commitment to fostering a vibrant ecosystem of European innovation. This initiative supports our home-grown talent while ensuring that the innovation landscape remains robust and self-sustaining. Small and medium-sized enterprises (SMEs), startups, and entrepreneurs looking for European startup funding opportunities should not miss this chance. This is an ideal opportunity for organizations that have previously sought EIC grants or participated in the EIC Accelerator program. What’s in it for You? So, what kind of support can you expect if your proposal gets the green light? The EIC STEP Scale Up call invests in your success through equity-only investments, managed by the EIC Fund. This funding framework differs from traditional grant mechanisms, as it is designed to support companies that are prepared to scale seriously. You can apply for an investment ranging from EUR 10 million to EUR 30 million, with the expectation of co-investing in a funding round aimed at achieving at least three to five times your requested EIC contribution. This approach fosters collaboration with private investors, ensuring that your project has not only the financial backing it needs but also the strategic support to grow sustainably. It’s an exciting time for European deep tech funding—and the EIC STEP Scale Up call is your gateway to this landscape! Tailored Investment for Your Needs The best part? Each investment is tailored specifically to your company’s unique requirements, negotiated on a case-by-case basis in adherence to the EIC Fund Investment Guidelines. This alignment with your business objectives ensures that we’re not just providing funding—but partnering with you in your journey to success. Through the EIC Accelerator, applicants may also benefit from access to valuable coaching services, which can significantly enhance the likelihood of securing funding. Moreover, understanding the EIC Accelerator evaluation criteria will play a crucial role in your proposal’s success. Ensure that your application demonstrates a clear understanding of the market, your competitive edge, and how the funding will facilitate your growth strategy. Gaining insights into best practices for EIC Accelerator application can further improve your chances of receiving a positive evaluation. Don’t Miss Out! With the EIC STEP Scale Up call, you have the opportunity to be part of a transformative movement in the EU’s innovation landscape. It’s time to harness your potential, reduce dependencies, and pave the way for a secure and autonomous future for our Union! The EIC is committed to supporting innovative projects that align with the goals of Horizon Europe and other EU funding programs. Before you begin, make sure you know how to apply for the EIC Accelerator. Prepare your proposal with the utmost care and attention to detail. The EIC Accelerator application deadline 2025 is approaching fast, so gather your team and get ready to present your groundbreaking ideas! The future of innovation is in your hands, and the EIC is here to support you every step of the way. Let this be the catalyst for your success—apply now and join the ranks of those who dare to dream big! In conclusion, the EIC STEP Scale Up call represents a unique opportunity for startups and SMEs to embark on a journey toward growth and success in the European landscape. Don’t let this chance pass you by—apply today and make your mark in the world of innovation!