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European Innovation Council
EIC Step
Amount
Up to €2.5M
Plus €7.5M equity available
Deadline
Rolling
Odds
Handful per cycle
Effort
1–2 days
Can you get this?
✓For commercialisation and scale-up stage companies
✓Equity rounds of €50 million or above required
✓Investor pre-commitments must be in place
Your real odds
This is a large-ticket program with only a handful of investments per cycle, so competition is steep.
You need a minimum round size of €50M to qualify, which means you must already be well into a fundraising process, with existing investor commitments and a credible scale-up story in place.
What it takes
Confirm eligibility: deep tech company in Europe with a €50M+ round in progress and investor pre-commitments1–2 days
Prepare application including business plan, financials, and investor commitment documentation3–6 weeks
Submit before a deadline and go through EIC evaluation and due diligenceSeveral months
Worth knowing
Pre-commitments from investors are required before you apply, so if you are still searching for a lead, you are not ready for this one.
What else do you qualify for?
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