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EIC STEP Scale Up 2026 — EU Strategic Tech Scale-Up Investment

Large-scale EU equity investment for deep-tech scaleups raising €50M–€150M growth rounds. The EIC co-invests €10M–€30M alongside private investors. Targeted at companies that have passed initial commercialisation and need capital to establish a market position. Rolling applications with four deadlines in 2026.

equityEuropeEUscale-upEICSTEPdeep-techAIgrowth-stagelarge-round
Why it matters

The EU's largest single-company equity ticket — €10M to €30M per company. Designed for AI and deep tech scaleups raising serious growth rounds who want a credible European institution on the cap table alongside private VCs.

Provider 🏛 European Innovation Council (European Commission)
Deadline 📅 September 9, 2026 (91d left)
Value 💵 €10M–€30M equity investment (mobilises private co-investment of €50M–€150M total round)
Region 🌍 Europe (EU member states + Horizon Europe associated countries)
Eligibility Scale-up companies operating in strategic technology sectors: deep tech, AI, clean energy, digital, biotech, advanced manufacturing, space. Must have a qualified investor pre-committed for at least 20% of the total funding round (€50M–€150M). Must be an SME, startup, or small mid-cap based in an eligible country. Listed companies eligible only in STEP strategic sectors.
Best For 👤 Founders
Effort Level 🔴 High
Published Jun 8, 2026
Category 🚀 Startup Programs
Last Verified ✓ Jun 8, 2026
Application Deadline
September 9, 2026
91 days remaining
Apply Now ↗

The EIC STEP Scale Up is a dedicated EU investment mechanism for companies in strategic technology sectors that are raising large growth rounds. Unlike the EIC Accelerator (which targets early/growth-stage), STEP Scale Up targets later-stage companies establishing market positions.

Key parameters:

  • EIC co-investment: €10M to €30M per company
  • Total funding round: €50M to €150M (EIC investment must be 3–5x smaller than total round)
  • Pre-commitment required: A qualified investor must already commit to at least 20% of the total round
  • Budget: €300M for 2026

Eligible strategic sectors:

  • Artificial Intelligence and data
  • Clean energy and climate technologies
  • Advanced manufacturing and robotics
  • Biotechnology and health technologies
  • Space and connectivity
  • Digital infrastructure and semiconductors

2026 Deadlines:

  • February 11 (passed)
  • May 6 (passed)
  • September 9, 2026 ← next deadline
  • November 25, 2026

What to submit:

  • Full business plan (max 50 pages) including ownership structure and STEP objectives
  • Pitch deck (max 15 pages) in PDF
  • Pre-commitment letter from a qualified investor (official EIC template, minimum 20% of round)

Apply: via the EU Funding & Tenders Portal at any time before a deadline. Applications are evaluated on innovation, strategic value, team, and scalability.

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