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EIC STEP Scale Up

European Commission · Horizon Europe Framework Programme (HORIZON)

Posted 6 Nov 2025 · 56 days left

Summary

Expected Outcome:

The EIC STEP Scale Up call offers a total indicative budget of EUR 300 million for 2026, which is expected to rise to EUR 900 million for the period 2025-2027. Any unused amount from this budget will be allocated with priority to the EIC Accelerator Open call.

The support will be in the form of equity-only investments managed by the EIC Fund. Applicants to this call will not receive a grant component. It provides significant financial support, and applicants should apply for an investment of a minimum of EUR 10 million and maximum of EUR 30 million, to co-invest in a funding round in the range of EUR 50 to 150 million, and at least three to five times the amount of the requested EIC contribution. The specific terms of each investment are considered and negotiated on a case-by-case basis in accordance with the EIC Fund Investment Guidelines. This ensures the investment is tailored to your company's needs while aligning with EIC's objectives.

EIC STEP Scale Up is designed to fill the funding gap for companies to invest in the scale up of high-risk innovations and where the amount needed for the scale up cannot be fully financed by other investors, including…

Excerpt from the donor's page. The full text, annexes and forms are on the original call.

Eligibility and conditions

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">General conditions

1. Admissibility Conditions: Proposal page limit and layout

In order to apply, your innovation must be within the scope of the priority areas defined in the STEP regulation, which includes Critical Raw Materials and further developed in the Guidance note:

a. Digital technologies, and deep tech innovations. This includes: advanced semiconductor technologies; artificial intelligence technologies; quantum technologies; advanced connectivity, navigation and digital technologies; advanced sensing technologies; robotics and autonomous systems; Deep tech innovations (see Glossary of the EIC Work Programme 2026).

b. Clean and resource efficient technologies, including net-zero technologies. This includes: solar technologies; onshore wind and offshore renewable technologies; battery and energy storage technologies; heat pumps and geothermal technologies; hydrogen technologies; sustainable biogas and biomethane technologies; carbon capture and storage technologies; electricity grid technologies; nuclear fission technologies, sustainable alternative fuel technologies; hydropower technologies; other renewable technologies; energy system -related energy efficiency technologies; renewable fuels of nonbiological origin technologies; biotech climate and energy solutions; transformative industrial technologies for decarbonisation; CO2 transport and utilisation technologies; wind and electric propulsion technologies; other nuclear technologies; advanced materials, manufacturing and recycling technologies, technologies vital to sustainability such as water purification and desalination; and circular economy technologies.

c. Biotechnologies, including medicinal products on the Union list of critical medicines and their components. Including DNA/RNA; proteins and other molecules; cell and tissue culture and engineering; process biotechnology techniques; Gene and RNA vectors; bioinformatics; and nanobiotechnology.

These technologies are deemed critical where they meet either of the following conditions:

a. they bring to the internal market an innovative, emerging and cutting-edge element with significant economic potential;

b. they contribute to reducing or preventing strategic dependencies of the Union.

The Commission Guidance note, concerning certain provisions of STEP Regulation adopted on May 2024, provides detailed information on the criticality conditions. This call targets companies raising significant funding rounds and you must demonstrate an initial market interest such that the EIC investment acts as a catalyst for larger funding rounds. You will therefore need to demonstrate that the company already has a precommitment for an equity investment which meets the following elements:

The pre-commitment comes from a single qualified investor with demonstrable know-how and experience in the relevant market, technology and jurisdiction and subject to KYC by the EIC Fund or the EIF.. The precommitted investor may be an existing investor in the company and does not necessarily need to be the investor who intends to lead the investment round;

The pre-commitment represents at least 20% of the total target funding round you are aiming to raise.

The following entities are eligible to apply:

A single company classified as a SME or small mid-cap (up to 499 employees) established within a Member State or an Associated Country (see Annex 2 of the EIC Work Programme 2026). The company may have a holding entity for the purposes of the investment, and this holding company must also be established in a Member State or an Associated Country.

An investor may submit a proposal on behalf of an eligible SME or small midcap as defined above, provided that a prior agreement exists with the company. The investment agreement will be signed with the selected SME or small mid-cap.

Proposal page limits and layout: described in Part B of the Application Form available in the Submission System.

2. Eligible Countries

described in Annex 2(B.…

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