Key EU Funding Programmes for Businesses in 2025
The European Union offers numerous funding opportunities for businesses. Below is a compilation of the most important programmes for 2025, including current application periods and eligibility details.
EIC Accelerator
EIC Accelerator supports SMEs and startups with innovative, market-disruptive products, services, or business models. The programme offers both grants and equity investments.
- Target group: SMEs and startups with high-risk, high-potential innovations.
- Funding: Grant of up to €2.5 million (lump sum) for innovation activities (TRL 6–8) to be implemented within 24 months. Additionally, equity funding of €0.5–10 million.
- Application process: Two phases; first, a short application with a pitch deck and a 3-minute video. Accepted applicants are invited to submit a full proposal.
- Timeline: Phase 1 applications can be submitted continuously. Phase 2 deadlines are 12 March 2025 and 1 October 2025.
More information on the programme’s official website.
Eurostars
The Eurostars programme is particularly aimed at SMEs engaged in research and development, but mid-cap companies, research institutions, and large enterprises may also participate.
- Target group: At least two organisations from two different EU or partner countries.
- Funding: For Finnish SMEs, grants cover 50 % and for mid-cap companies 40 % of project costs.
- Timeline: The next application deadline is 13 March 2025.
More information on the programme’s official website.
Innovation Fund
Innovation Fund finances projects that aim to reduce greenhouse gas emissions through innovative technologies.
- Target group: Companies of all sizes.
- Funding: Project budget must exceed €2.5 million; grant covers 60 % of the costs.
- Timeline: Application deadline is 24 April 2025.
More information on the programme’s official website.
Cascade
In the cascade funding model, the EU distributes funding in two stages: first it selects administrators who then distribute grants to final recipients through their own calls.
- Target group: Primarily SMEs.
- Funding: Typical grants range from €50,000 to €300,000.
- Application process: Simplified forms and fast evaluation.
Open calls can be found via the EU Funding Portal.
Horizon Europe
Horizon Europe is the EU’s framework programme for research and innovation. It funds a wide range of research projects across various sectors. The main themes include environmental technology, health technology, and digitalisation.
- Target group: Companies, research institutions, and other organisations.
- Funding: Varies by project and call.
- Timeline: Multiple calls are open continuously across different themes.
Open calls can be found via the EU Funding Portal.
LIFE
The LIFE programme focuses on environmental protection and climate action.
- Target group: Small and large enterprises as well as research organisations.
- Funding: Grants typically cover 60 % of project costs.
- Timeline: Calls open between April and June; deadlines are usually between September and November.
More information from the Finnish Ministry of the Environment (in finnish)
More information on the programme’s official website.
EIT (European Institute of Innovation & Technology)
EIT supports innovation across various sectors by providing funding and networking opportunities.
- Target group: Companies and organisations from sectors such as manufacturing, materials, mobility, climate, creativity, digitalisation, food, health, and energy.
- Funding: Both equity investments and grants, terms vary between accelerators.