Startup Europe

• March 29, 2024
• admin

Within the Horizon Europe Framework Programme, this initiative aims to link local digital and deep tech start-up ecosystems, while also supporting international expansion activities for new companies that have already gained market traction or secured seed funding. Priority will be given to the inclusion of start-up ecosystems in countries and regions considered “moderate” or “emerging” in terms of innovation.

Eligibility criteria

• Legal entities that comply with Horizon Europe’s general conditions.
• At least 50% of the beneficiaries in a consortium must be established in ‘moderate’ or ‘emerging’ innovator countries or regions according to the Regional Innovation Board.

Expected Outcomes

• Increasing the market footprint of European start-ups in strategic digital technologies and deep tech innovation
• Better connection of start-ups
• A scaling up of capabilities in matching technology solutions developed by highly innovative European Union (EU)-funded digital and deep tech start-ups with investment and growth opportunities in collaboration with other initiatives

Budget

• The total indicative budget for the topic is EUR 12 million.
• Beneficiaries may provide financial assistance to third parties, which must exclusively take the form of grants, with a maximum limit of EUR 60.000 per third party.
• Applicants opting for this non-compulsory financial support scheme must allocate at least 60% of the total proposed budget to financial support to third parties.

For further information about the application process, please check the website and the Work Programme. The deadline to submit applications is set to 25 April 2024, 17:00 Brussels Time.