Newsletter March 2025

Focus

New Horizons for Swiss Innovators – EIC Accelerator and STEP Scale Up Calls

The Swiss Venture Capital Report 2025* revealed that 2024 saw a decline in financing rounds for Swiss start-ups and SMEs for the first time since 2015. While deeptech start-ups still attract investment, the challenge lies in securing growth capital for scale-ups and mega rounds. Will this change now that Swiss innovators have access to the European Innovation Council (EIC) Accelerator and STEP Scale Up instruments?

The possibility for Swiss organisations to participate in Horizon Europe EIC Accelerator and Strategic Technologies for Europe Platform (STEP) Scale Up calls as beneficiaries from 2025 marks a significant milestone for Swiss innovators.

The EIC Accelerator aims to support start-ups and SMEs develop and scale up breakthrough innovations. It is open to high-impact innovations across all sectors, with specific challenges focusing on advanced materials, biotechnology, space technologies, generative AI, and future mobility. When Switzerland last participated in 2020, it ranked fourth, securing €98.2 million for 26 companies.

On offer is a grant component of up to €2.5 million and an investment component of €0.5-10 million. Coaching, mentoring and networking opportunities are also provided. The total budget for 2025 is €634 million, with €384 million for open calls and €250 million for the specific challenges.

Complementing the existing EIC Accelerator is the new EIC STEP Scale Up scheme. It aims to catalyse significant funding rounds to scale up breakthrough innovations in digital technologies, clean tech, and biotech. By supporting high-impact innovation in these strategic technologies, the EU intends to enhance its economic and technological competitiveness.

With a budget of €300 million in 2025, STEP Scale Up targets individual start-ups, SMEs, and investors. It provides equity of up to €30 million to be co-invested alongside outside investors, facilitating larger growth-stage rounds of €50-150 million.

The next cut-off date for the EIC Accelerator is 1 October 2025 while the EIC STEP Scale Up follows an ‘apply anytime’ approach. Do not miss out on these opportunities! Contact your Euresearch Company Advisor or National Contact Point to find out how you can boost your innovation.

*Swiss Venture Capital Report 2025.pdf

Authors: Rita de Brito and Romain Muller, National Contact Points for EIC Accelerator
Illustrator: Alexandra Rosakis

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