The European Commission has adopted the 2025 Work Programme of the European Innovation Council. It opens funding opportunities worth over €1.4 billion for strategic technologies and scaling up companies.
Over €10 billion in grants-funding is available for SMEs and small midcaps via the European Innovation Council (EIC), the European Commission’s flagship innovation funding programme for the period 2021-2027.
The EIC is a key programme of Horizon Europe, established by the European Commission, that aims to identify, develop and scale-up breakthrough technologies and disruptive innovations.
Funding is provided through three main instruments addressing all stages of the innovation lifecycle:
An additional instrument has been added in this latest edition of the Work Programme.
Each instrument comprises open calls for proposals in any field of science, technology or application and challenge-driven calls targeting specific strategic priorities.
All EIC-funded projects and companies - as well as selected applicants - have access to EIC Business Acceleration Services. Moreover, the EIC also provides additional activities such as prizes.
The EIC Accelerator supports start-ups and SMEs to develop and scale up innovations with the potential to create new markets or disrupt existing ones (grants below €2.5 million, investments from €0.5 to €10 million*). €348 million is earmarked for investments to be managed by the EIC Fund, which may be increased by unused amounts allocated to the EIC Fund under previous EIC Work Programmes.
The EIC Accelerator has Open and Challenges calls. The budget breakdown for the two calls are as follows:
The grant first is no longer part of the funding types. The three available funding types in 2025 are: Grant only, Blended finance & Equity only.
The funding rate for the grant component remains at 70%. The grant component is up to €2.5 million, while the investment component goes from €0.5 million to €10 million.
The submission of the short application remains open at any time.
The cut-off dates for full applications in 2025 are:
*Please note that in this latest edition, the largest equity amount requested has decreased from €15 to €10 million.
The EIC Pathfinder supports the exploration of bold ideas for radically new technologies. It welcomes the high-risk / high gain and interdisciplinary cutting-edge science collaborations that underpin technological breakthroughs.
The EIC Pathfinder has Open and Challenges calls. The budget breakdown for the two calls are as follows:
Grants of up to €4 million support early-stage development of future technologies (Technology Readiness Levels 1-3), up to proof of concept. Pathfinder projects can also receive additional funding for testing the innovation potential of their research outputs.
Calls will open on:
EIC Transition to turn research results into innovation opportunities, following up on results generated by EIC Pathfinder projects, European Research Council Proof of Concept projects and open for the first time to project results from Horizon collaborative projects from Pillar 2/societal challenges (grants up to €2.5 million).
The cut-off dates for full applications in 2024 are:
The new EIC STEP Scale Up 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. The minimum investment requested is €10 million with the maximum being €30 million for companies. It will be managed by the EIC Fund.
The scope of innovation will include:
The deadline is continuous for this call.
At Winnovart, it is part of our mission to bridge the gap between stakeholders of the grants-funding market space across Europe. We believe in the potential of grants to create ecosystems that drive innovation, and growth and reduce disparities between the regions of Europe. Our aim is to support innovative SMEs, private investors and funding agencies to become part of this ecosystem and make the most of it.
Our presence in Western, Eastern and Northern Europe enables us to create international business cases for our clients, in the context of attractive funding programmes as well as beyond it, by opening up international development opportunities.
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