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European Innovation Council
  • News article
  • 29 October 2024
  • European Innovation Council and SMEs Executive Agency
  • 1 min read

European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025

The European Innovation Council (EIC) 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, the 2025 work programme brings several improvements. A major addition is better access to scale-up equity funding with the EIC Strategic Technologies for Europe Platform (STEP) scale-up scheme, introduced following the STEP regulation adopted earlier this year. Several improvements compared to previous work programmes are also included, based on recommendations of the EIC Board

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Details

Publication date
29 October 2024
Author
European Innovation Council and SMEs Executive Agency