1 minute read / June 30, 2025
The European Innovation Council (EIC) has selected 40 innovative start-ups and SMEs to receive funding following its latest evaluation round (Full Proposals, March 2025). Out of 150 proposals that reached the interview stage, these companies were chosen for their transformative technologies and strong commercial promise, securing a mix of grant and equity support.
The total proposed funding amounts to almost €230* million, with 87% of beneficiaries receiving blended finance—a combination of grants and equity investment—while others secured either grant-only or equity-only support.
The selected companies represent 16 EU and associated countries, with the highest number of selected companies coming from Germany, Spain, the Netherlands, and Sweden.
* For investment component, estimated amounts based on the track record of the EIC Fund (average investment per company is €3.72 million under Horizon Europe), not on amounts requested by the company.
