Story perspectives

€1.4 Billion Boost for Deep-Tech Entrepreneurs in Europe

11/8/2025

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Summary

Story summary

The European Innovation Council (EIC) launched its 2026 Work Programme, allocating €1.4 billion to support deep-tech entrepreneurs and simplify funding access across Europe.
The Advanced Innovation Challenges, inspired by the US ARPA model, will fund high-risk projects.
The EIC Accelerator will streamline its application process, reducing proposal lengths and speeding up evaluations.
The programme promotes diversity with a Gender and Diversity Innovation Index and fosters cooperation between startups and large industries.

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Story summary

The European Innovation Council (EIC) launched its 2026 Work Programme, allocating €1.4 billion to support deep-tech entrepreneurs and simplify funding access across Europe.
The Advanced Innovation Challenges, inspired by the US ARPA model, will fund high-risk projects.
The EIC Accelerator will streamline its application process, reducing proposal lengths and speeding up evaluations.
The programme promotes diversity with a Gender and Diversity Innovation Index and fosters cooperation between startups and large industries.