Last modified on December 16, 2024

EIC to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025

EIC to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025

13 December 2024

The European Innovation Council (EIC) is part of the EU’s Horizon Europe program. The EIC Work Programme 2025 will provide €1.4 billion to support deep tech research and high-potential start-ups in Europe.

Key features of the 2025 programme

  • A new EIC Strategic Technologies for Europe Platform (STEP) Scale-up scheme with a budget of €300 million in 2025 to help bring strategic technologies to the EU market and reduce dependencies, targeting deep tech areas like digital technologies or clean technologies
  • €120 million for emerging technologies like autonomous robots
  • €250 million for early-stage companies in areas such as generative artificial intelligence and future mobility solutions
  • Improved access to Business Acceleration Services for emerging companies
  • Seals of Excellence (under Transition and Accelerator calls) to help companies access complementary alternative funding sources such as Cohesion Policy Funds and EIC Business Acceleration Services

In addition to financial support, innovators will have access to various business acceleration services connecting them to experts, corporate partners, investors, and other ecosystem participants.

Source: The original article was published here.