Horizon Europe funds innovative and breakthrough project ideas through the European Innovation Council (EIC). In the Pathfinder instrument, funding can be given to consortia, supporting the process from early concept/technology to pre-commercial.
EIC programmes are devoted to the creation of groundbreaking technologies. The Pathfinder instrument is open to innovations in any field of technology or application. It is particularly relevant for so-called deep tech innovations building on scientific discoveries or technological breakthroughs and where significant funding is needed over a long timeframe before returns can be generated.
Commercial opportunities: The EIC Pathfinder is relevant for SMEs and companies holding highly promising technology concepts currently at the concept or early development stage. The focus is on funding initial R&D which may ultimately help convert high-risk ideas into new products, services, and business models. EIC instruments aim to make it easier for SMEs to convert their innovative ideas into marketable and scalable products.
Type of activities: R&D
Application: The application process is based on a written proposal, submitted for given annual deadlines. In the proposal, a thorough account must be given of the concept proposed; its impact; and the applying consortium and its resources. The full application is evaluated by a panel of independent experts, with expected time to contract between 2-4 months from the application deadline.
Requirements: SMEs or other private partners must apply in consortia with participants from minimum 3 different EU Member States or Associated States. The EIC programmes are highly competitive. Among a number of important points to check before applying, it is important to verify that the proposed idea has a very high market potential.