European Innovation Council (EIC) Budget

Under Horizon Europe the first European Innovation Council (EIC) work program will be implemented. The EIC aims at identifying and supporting breakthrough technologies and game-changing innovations with the potential to scale up internationally and become market leaders. 70% of the entire EIC budget is ear-marked for SMEs, which shows the focus of EIC on SMEs. View the EIC budget across the respective Open and Challenge-driven calls below.

EIC Budget: subprogram allocation

The EIC budget has been allocated across the Open topics and Challenge-driven calls. Here we provide the EIC budget for each call. For further information, regarding the EIC Pathfinder, EIC Transition, and EIC accelerator subprograms, including deadlines and specific Challenge-driven call information, click the links below.

The budgets for 2021 are as follows:

1. EIC Pathfinder 

Funding research projects of consortia with a mix of partners from academia and companies, advancing research to develop the scientific basis to underpin breakthrough technologies.

• • • • Open topics call: €170.10M
      • Challenge-driven calls: €133.60M

Read more about EIC Pathfinder 

2. EIC Transition 

Funding consortia of academia and companies, to validate technologies and develop business plans for specific applications. This is a newly added instrument to the EIC program. Only grantees of ERC Proof of Concept or EIC Pathfinder or FET are eligible to submit an application to this instrument.

• • • • Open topics call: €61M
      • Challenge driven-calls: €40.85M

Read more about EIC Transition 

3. EIC Accelerator 

Focusing on supporting companies (SMEs, start-ups, spin-outs and in exceptional cases small mid-caps) to bring their innovations to market and scale up.

• • • • Open topic call: €601.60M
      • Challenge driven-calls: €507.2M

Read more about the EIC Accelerator programme 

Get EIC updates with Catalyze Alerts

Staying up-to-date on funding programs is important, but takes a lot of time. With Catalyze Alerts you will receive all relevant updates on upcoming funds: Horizon Europe, but also EIC and Eurostars 2021.

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