DeepTech, Scaleup Europe Fund, Old Money and 96 New EU Grants
Here are some updates regarding EU grants and the EIC.
The Old Guard & Its Old Money
Since a new wave of EIC Accelerator interviews is already on the horizon, here is a brief anecdote about a company that took part in the interviews a few years ago.
During the interview, the question of venture capitalists and EIC co-investors came up.
When asked, the CEO mentioned one of the VCs they expected to lead the next round.
To his surprise, the EIC moderator, who shall not be named, called them "new money" and asked for a more established VC.
At that point, the "new money" VC fund had more than €100 million committed and had already made 20 investments.
This stuck with me because the CEO was genuinely upset. Why would an EIC moderator, who was not even a jury member, be so dismissive of a legitimate funding source when the EIC’s entire mission should be to crowd in more investors?
I believe the biggest barriers to funding in Europe lie as much with the bureaucratic leadership’s mentality as with excessive red tape.
New Content
I have uploaded new videos and detailed articles on the following topics:
The EIC-funded Scaleup Europe Fund’s investment in Lovable’s $400 million round.
More content on the EIC Accelerator and what DeepTech means (The Four Horsemen of DeepTech).
An introduction video for ChatEIC, the EIC Accelerator Step 1 writer.
An introduction video for Subsdy, the grant discovery platform.
New EU Grants
Since my last news post on Subsdy earlier this month, 96 new grants and tenders have been added to the EU’s funding landscape. It’s always surprising to see how many funding opportunities there are, yet most companies apply for the same few grants, which drives down success rates, while many lesser-known grants are far less competitive.
I have selected 10 interesting opportunities on Subsdy, but here are some examples of the grants added recently:
KAVA Call 14 – RIS Innovation: Provides €800K–€1 million per consortium for demonstrating and commercializing raw-materials innovations.
Next-Generation QKD Systems: Provides €21–€24 million to one European consortium developing and demonstrating next-generation quantum-secure communication systems.
Financial Support to Startups and Scaleups – Shape & Scale: Provides up to €100K for early-stage ventures and €200K–€500K for scaleups in the cultural and creative industries.
KAVA Call 14 – Upscaling: Provides €500K–€2.5 million per consortium to upscale and commercialize validated technologies for mining, materials processing, advanced materials, recycling, and the circular economy.
Eurostars-3 Call 12: Offers a total budget of approximately €86.4 million for market-oriented international R&D projects led by innovative SMEs.
Prepare Your Application
Need help with the EIC Accelerator or other grants? Here are some options:
- Starter Pack (lowest-risk entry via AI writer ChatEIC and content)
- Advisory (personalized guidance to help you write)
- Co-Writing (full proposal writing with continuous client alignment)
- Writing (complete end-to-end service, including writing and submission)
- Review (personal proposal review by an expert)
Other resources:
These tips are not only useful for European startups, professional writers, consultants and Small and Medium-Sized Enterprises (SME) but are generally recommended when writing a business plan or investor documents.
Deadlines: Post-Horizon 2020, the EIC Accelerator accepts Step 1 submissions now while the deadlines for the full applications (Step 2) under Horizon Europe are listed below. The Step 1 applications must be submitted weeks in advance of Step 2. The next EIC Accelerator cut-off for Step 2 (full proposal) can be found here. After Brexit, UK companies can still apply to the EIC Accelerator under Horizon Europe albeit with non-dilutive grant applications only - thereby excluding equity-financing. Switzerland has resumed its participation in Horizon Europe and is now eligible for the EIC Accelerator.
EIC Accelerator Step 1 Deadline 2025
Contact: You can reach out to us via this contact form to work with a professional consultant.
AI Grant Writer: ChatEIC is a fully automated EIC Accelerator grant proposal writer: Get it here.
EIC Accelerator: EIC Accelerator delivers flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The initiative targets SMEs, start-ups, and small mid-caps with up to 499 employees. Technology areas include Biotech, Engineering, Artificial Intelligence, Energy, Quantum, Aerospace, Advanced Materials, and Semiconductors. Get Started
EIC Pathfinder: EIC Pathfinder delivers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The initiative requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Primary technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials. Get Started
EIC Transition: EIC Transition delivers up to €2.5 million in funding to overcome the 'valley of death' gap between laboratory research and market deployment, emphasizing technology maturation and validation. The initiative supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Key technology domains include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics. Get Started
EIC STEP Scale-Up: EIC STEP Scale-Up delivers significant equity investments of €10-30 million for established deep-tech companies prepared for hyper-growth and large-scale expansion. The initiative targets SMEs or small mid-caps with up to 499 employees who have obtained pre-commitment from qualified investors. Primary focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero objectives, and Biotechnologies. Get Started
EIC Pre-Accelerator: EIC Pre-Accelerator represents a pilot initiative delivering €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. This program is exclusively accessible to single SMEs or small mid-caps from 'Widening countries' to foster regional innovation development. The initiative encompasses deep-tech innovations across physical, biological, and digital domains. Get Started
EIC Advanced Innovation Challenges: EIC Advanced Innovation Challenges represents a new pilot initiative delivering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech innovations through ARPA-style staged funding mechanisms with integrated demand-side engagement. This initiative targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Primary focus areas include Physical AI for autonomous robotics applications and New Approach Methodologies (NAMs) for animal-free biomedical testing, with TRL 4 entry requirements and demonstrated end-user commitment. Get Started
Eureka Network: The Eureka Network delivers various international collaborative R&D initiatives such as Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, providing funding from €50K to €6.75M per project based on the specific initiative. This network emphasizes market-driven innovation and deep-tech advancement across multiple technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Eligible participants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars particularly focused on R&D-performing SMEs. Get Started
Eurostars: Eurostars represents a joint EU-Eureka initiative delivering €50K-€500K for international R&D collaboration specifically led by SMEs. The program adopts a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities. Get Started
Innovation Partnership: Innovation Partnership enables collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The initiative supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects concentrate on addressing societal challenges through collaborative innovation approaches. Get Started
Innovation Fund: The EU Innovation Fund delivers substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The initiative targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Eligible participants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects. Get Started
Innovate UK: Innovate UK delivers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular emphasis on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization. Get Started
Industrial Partnership: Industrial Partnership delivers €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The initiative supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships. Get Started
LIFE Programme: The LIFE Programme delivers €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The initiative supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Eligible participants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges. Get Started
Neotec: Neotec represents a Spanish initiative delivering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence. Get Started
Thematic Priorities: EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas. Get Started
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