The European Innovation Council announced a EUR 1.8 billion funding programme for 2027 aimed at supporting innovators from early research through commercialisation and scale-up. The initiative delivers on the EU Startup and Scaleup Strategy and the Competitiveness Compass.
Funding Programme Details
The European Innovation Council stated that the 2027 programme will continue supporting high-potential innovators across all stages, from early research to commercialisation and scale-up. According to the organisation, the initiative aims to make EIC support simpler, faster, and more targeted while advancing a challenge-driven, staged approach to high-risk, high-reward innovation.
The programme delivers on the EU Startup and Scaleup Strategy and the Competitiveness Compass. It also maintains support for scaling up via the Scaleup Europe Fund and the EIC STEP Scale Up scheme, which covers dual-use and defence technologies.
New Access and Customer Measures
The European Innovation Council noted that the framework will make it easier for innovators to apply for and access funding. Additionally, new measures are designed to help EIC-backed companies win their first customers, including through public procurement.
Key facts and where they come from
- The European Innovation Council launched EUR 1.8 billion in funding for 2027.
European Innovation Council launches €1.8 billion in funding for 2027
- The new programme delivers on the EU Startup and Scaleup Strategy and the Competitiveness Compass.
The new programme also delivers on the EU Startup and Scaleup Strategy and the Competitiveness Compass
- Support for scaling up continues through the Scaleup Europe Fund and the EIC STEP Scale Up scheme.
It will also continue to strengthen support for scaling up through the Scaleup Europe Fund and the EIC STEP Scale Up scheme
