EIC STEP Scale Up

Expected Outcome: The EIC STEP Scale Up call offers a total indicative budget of EUR 300 million for 2026, which is expected to rise to EUR 900 million for the period 2025-2027. Any unused amount from this budget will be allocated with priority to the EIC Accelerator Open call. The support will be in the form of equity-only investments managed by the EIC Fund. Applicants to this call will not receive a grant component. It provides significant financial support, and applicants should apply for an investment of a minimum of EUR 10 million and maximum of EUR 30 million, to co-invest in a funding round in the range of EUR 50 to 150 million, and at least three to five times the amount of the requested EIC contribution. The specific terms of each investment are considered and negotiated on a case-by-case basis in accordance with the EIC Fund Investment Guidelines. This ensures the investment is tailored to your company's needs while aligning with EIC's objectives. EIC STEP Scale Up is designed to fill the funding gap for companies to invest in the scale up of high-risk innovations and where the amount needed for the scale up cannot be fully financed by other investors, including InvestEU direct and indirect financial products provided by implementing partners. Applicants are encouraged to consider in particular complementarity with Venture Debt from InvestEU implementing partners in order to meet their financing needs. When implementing investments, the EIC Fund will ensure that…