The European Innovation Council Fund (EIC Fund) has taken 42 new investment decisions into deep-tech companies for a total of €331 million since the last announcement in November 2022. These are pioneering start-ups that are poised to bring breakthrough innovations to citizens and businesses.

In 2023, the Accelerator offers €1.13 billion of funding in grants up to €2.5 million and equity investments from €500,000 up to €15 million. €525 million is earmarked for next generation technologies in strategic areas for Europe, including: energy storage, quantum or semiconductor components, resilient agriculture, biomarkers for cancer, as well as space technologies and services.

Read more about this initiative from the EIC Fund here: https://ec.europa.eu/commission/presscorner/detail/en/IP_23_564

Kind regards,

EIC BAS Team