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EU boosts EIC budget for supporting deep tech R&D and strategic scale-ups
The European Union will spend €1.4 billion (about $1.5 billion) next year to bolster deeptech research and support scale-ups in strategic areas like AI,
The funding will be deployed to secure larger investments in companies that bring strategic technologies to EU and help avoid dependencies by unlocking private sector co-investment. There is also €250 million ringfenced for earlier stage companies in specific target technologies — including generative AI, new space, agri tech, and future mobility solutions. Elsewhere, the Commission said the 2025 Work program will increase access to Business Acceleration Services for emerging companies from countries with lower levels of research and innovation performance.
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