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The European Innovation Council (EIC) is an EU program that funds and supports deep-tech startups and researchers through instruments such as Pathfinder, Transition, Pre-Accelerator, Accelerator and STEP to move breakthroughs from lab to market and scale them. It also operates the EIC Fund, a co-investment vehicle that mobilizes private investment; for every €1 invested by the EIC Fund, about €3.5 is raised from private investors. In addition, the EIC provides business acceleration services and networks, and pursues inclusive innovation with targets like 30% of funded companies led by women and 20% of funded research projects led by women, supported by a broad ecosystem of advisers, ambassadors and events.
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