EU boosts EIC budget for supporting deeptech R&D and strategic scale-ups | TechCrunch
Briefly

The EIC STEP Scale-up call will help address a market gap in deep tech scale-up funding in Europe, targeting digital technologies, clean and resource-efficient technologies including net-zero, and biotechnologies.
The new EIC STEP Scale-Up scheme will have a budget of €300 million in 2025, aiming to secure larger investments in companies that bring strategic technologies to the EU.
The budget for the 2025 Work Program of the European Innovation Council has been increased by nearly €200 million compared to last year to support critical areas like AI and biotech.
With an enhanced focus on deeptech research, the revisions to the EIC work program for 2025 are designed to bolster investment in technologies crucial for digitalization and regional autonomy.
Read at TechCrunch
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