The Commission has announced the second group of companies that have successfully passed the assessment phase of the Scale Up call of the European Innovation Council’s (EIC) Strategic Technologies for Europe Platform (STEP). Together, they will receive up to a total of €90 million in equity investments, and will now move to the ERC Fund […]
European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025
The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, will support European deep tech research and high-potential start-ups with €1.4 billion next year. The EIC Work Programme 2025, which the Commission adopted today, represents an increase of nearly €200 million in comparison with 2024. In addition to a bigger budget, […]
European Innovation Council: EUR 1.2 billion for strategic technologies and business expansion
The Commission adopted the work programme of the European Innovation Council (“the ERC”) for 2024, which will offer funding opportunities worth more than €1.2 billion by 2024. The bulk of this funding goes to SMEs and start-ups to develop and scale up their ‘deep tech’ innovations in critical areas such as generative artificial intelligence, space, […]
European Innovation Council Fund injects €331 million into European deep-tech companies
The European Innovation Council Fund (EIC Fund) has taken 42 new investment decisions into deep-tech companies for a total of €331 million since the last announcement in November 2022. 13 companies have already signed their investment agreements. These are pioneering start-ups that are poised to bring breakthrough innovations to citizens and businesses: a new type of computer vision software […]
EIC-EIT: working closer together for Europe’s innovators
The European Commission has announced the signature of a Memorandum of Understanding between the European Innovation Council (EIC) and the European Institute of Innovation and Technology (EIT) to reinforce their cooperation to support the best European entrepreneurs. This will enable innovators, innovative SMEs and start-ups, higher education institutions and research organisations to receive quality support services […]