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EIC - Work Programme 2025

March 07, 2025

The European Innovation Council's 2025 Work Programme has been live for a while now and opens funding opportunities worth over €1.4 billion for strategic technologies and scaling up companies.

The EIC STEP Scale Up is the latest equity investment instrument of the EIC, introduced in late 2024. It aims to support promising companies driving innovation in critical areas/high-risk innovations and help them secure larger equity funding, that cannot be fully financed by other investors, for further scaling. Equity investments only for €10-30 million rounds.

The EIC STEP (Strategic...

Innovation Fund - Overview

February 26, 2025

🚀 We are introducing theInnovation Fund- one of the world’s largest funding programmes for thedemonstration of innovative low-carbon technologies.

Directly managed by the European Commission, it has a budget 💰 of€4.6 billion to boost net-zero technologies, electric vehicle battery cell manufacturing and renewable hydrogen.

This initiative is designed to support innovative investment...

EIC Fund - Fundraising Performance of EIC Portfolio Companies

September 18, 2024

Are the European Innovation Council’s (EIC) funding programmes successful in helping companies obtain more private investors?

We are analysing the European Innovation Council’s “EIC Accelerator/ EIC Fund” programme to see if it is successful in bringing in more private investors for the companies involved in its funding scheme. This research investigates the publicly available funding history...

Grants fundraising profile of leading VC portfolio companies

September 16, 2024

This research focuses on the top Venture Capital firms located across several European regions: France & Benelux, Nordics, DACH, Southern Europe, UK & Ireland, CEE, and Israel.

For each investor/VC, we identified what investment stage they specialise in (pre-seed, seed, series A) and the number of companies in their portfolio. From their investment profile, we filtered through all the companies...

EIC Fund - Fundraising History of EIC beneficiaries

September 13, 2024

Does the European Innovation Council (EIC) target the right company profiles with its flagship funding programme?

We are constantly analysing if the EIC Accelerator/ EIC Fund - EC's flagship innovation funding programme succeeds in identifying European outliers and overseen game-changing innovators OR it supports companies already funded by private investors. This research looks into the...

EIC Accelerator - Board Statement on CEE participation. Implications for 2024

January 19, 2024

The EIC Board released a statement, aiming to double the participation of widening countries (Central-Eastern Europe) in EIC programmes from below 8% to at least 15%.

EIC's New Participation Targets for Widening Countries. The EIC Board has set an ambitious target: to bolster the participation of widening countries in EIC instruments to a commendable 15%, a marked rise from the existing...

EIC Accelerator - 2024 Overview Open & Challenges

January 15, 2024

The EIC Accelerator supports companies (principally SMEs, including start-ups, but also small mid-caps with up to 500 employees) to scale up high impact innovations with the potential to create new markets or disrupt existing ones.

The total budget for the EIC Accelerator in 2024 is €675 million, with €375 million allocated for the Open Call, €300 million for the six Challenge calls. The budget...

EIC Fund - Performance in CEE

June 09, 2023

€250+ million in the form of grants, equity investments or blended finance were awarded to CEE-based firms between 2014-2022. Nearly 500 CEE-based firms successfully applied for funding from Europe's flagship EIC Accelerator programme (previously called SME instrument under Horizon 2020).

The EIC Accelerator programme helps high-risk, innovative SMEs and start-ups willing to develop and...

EIC Fund - Performance in France & Benelux

June 08, 2023

Over €1 billion in the form of grants, equity investments or blended finance were awarded to companies in France & Benelux between 2014-2022. 800+ companies in France & Benelux successfully applied for funding from Europe's flagship EIC Accelerator programme (previously called SME instrument under Horizon 2020).

The EIC Accelerator programme helps high-risk, innovative SMEs and start-ups willing...