Companies selected in first EIC STEP Scale Up call welcome new €30 million investment ceiling, and urge the EU to maintain ambition
Photo credits: LIBER Europe / Flickr
Winners of the European Innovation Council’s (EIC) new instrument to support scale-ups are positive about the investment and application process, but want to see more ambition, with investment ceilings raised even further.
Earlier this month, the European Commission announced the first companies selected to benefit from larger European Innovation Council (EIC) equity investments of between €10 million and €30 million, as it steps up efforts to retain innovative scale-ups in Europe.
Seven companies have passed the evaluation phase of the first EIC Strategic Technologies for Europe Platform (STEP) Scale Up call and will now go forward to the EIC Fund for investment decisions.
The selected…
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