European Innovation Council (EIC) Budget

Under Horizon Europe the first European Innovation Council (EIC) work program will be implemented. With this program, the EIC aims to identify and support breakthrough technologies and game-changing innovations, which have the potential to scale-up internationally and become market leaders. Under the EIC program, 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 split across the Open topics and Challenge-driven calls. Here we provide the EIC budget for each subprogram and 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 both academia and companies, which advance scientific research that will underpin future 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 

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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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