EIC Pathfinder awards €138 million to 45 projects for radical early stage technologies
- ›The European Innovation Council awarded up to €138 million to 45 projects from the 2024 Pathfinder Open call.
- ›Selected projects span health, AI, computing, environment and energy and were chosen from 1,110 evaluated proposals.
- ›Participants are concentrated in higher education and research organisations with only about one fifth coming from SMEs.
- ›Grants are paired with bespoke coaching via EIC Business Acceleration Services and can lead to follow-on support through EIC Transition or access to the Accelerator.
- ›Examples include projects on a musical metaverse, wireless plant-based communication, and flying electron qubits.
EIC Pathfinder funds 45 early stage projects with up to €138 million
On 5 September 2024 the European Innovation Council and SMEs Executive Agency announced that 45 projects selected under the 2024 EIC Pathfinder Open call will receive, in total, up to €138 million. The projects cover a broad range of fields including health, artificial intelligence, computing, environment and energy. The successful proposals were selected from 1,110 evaluated submissions and involve participants from 25 countries. The largest shares of successful participants come from Italy, Germany, Spain and France.
Numbers and composition of the 2024 cohort
The EIC published summary figures showing the composition of participants and the competitive context. Of the participants across the selected projects, nearly half are from higher education institutions. Research organisations make up around one fifth and small and medium sized enterprises account for roughly another fifth. The selection was competitive. With 45 projects chosen from 1,110 evaluated submissions the implicit selection rate at evaluation was around 4 percent, though applicant pools and eligibility rules vary by stage and call.
| Metric | Value | Notes |
| Total funding announced | Up to €138 million | For 45 selected Pathfinder Open projects |
| Number of evaluated submissions | 1,110 | Pathfinder Open 2024 evaluation |
| Selected projects | 45 | From 25 countries |
| Participant types | Higher education 46%, Research organisations 22%, SMEs 22% | Approximate shares reported by EIC |
| Top source countries among selected applicants | Italy, Germany, Spain, France | By sheer number of participants |
What EIC Pathfinder supports and how it fits into the innovation ladder
Selected projects: three illustrative examples with technical context
The EIC press notice highlighted a number of projects to illustrate the variety of ideas funded. Below we explain their aims and provide additional context on the technical concepts involved.
What successful proposals receive aside from cash
Winners receive grants plus access to the EIC Business Acceleration Services. Those services include coaching, mentoring, investor outreach support, and help with scaling and commercialisation pathways. EIC Programme Managers can also interact with Pathfinder projects and projects can receive additional testing or portfolio funding in coordination with the EIC to explore joint activities across related projects.
Wider EIC context and funding pathways
The Pathfinder scheme sits within the broader EIC funding architecture that aims to shepherd deep tech from early research to commercial scale. The 2024 EIC work programme laid out multiple strands including Pathfinder, Transition and Accelerator and earmarked significant resources across these streams to strengthen Europe’s deep tech pipeline and scale up ambitions.
| EIC funding strand | 2024 reference amounts | Purpose |
| EIC Pathfinder | €256 million | Visionary research to underpin technology breakthroughs, grants up to €3-4 million |
| EIC Transition | €94 million | Maturation from research outputs toward market readiness, grants up to €2.5 million |
| EIC Accelerator | €675 million | Grants and equity for start ups and SMEs to scale disruptive innovations |
| EIC Fund investments | €405 million earmarked plus €180 million follow on | Equity investments managed under the EIC Fund |
Beyond grants, the EIC Fund acts as the equity arm to provide patient capital and crowd in private finance. The Fund operates with an investment advisor role for the European Investment Bank and aims to co invest with a Trusted Investor Network. The EIC also pilots STEP Scale Up calls that target substantially larger equity investments to catalyse rounds in the tens of millions.
Reality check and critical considerations
Pathfinder is explicitly high risk and high reward. That means many funded projects will not reach commercial markets. Grants at the Pathfinder scale support early technical exploration but are modest relative to the capital required for industrialisation, integration, regulation and market development in sectors like semiconductors, energy systems or biotech.
Practical next steps for applicants and interested stakeholders
Researchers and teams considering EIC calls should plan consortia carefully, document intellectual property and freedom to operate, and engage early with EIC Business Acceleration Services and national contact points. For teams from widening countries or SMEs, leverage the tailored instruments the EIC and WIDERA work programmes offer to improve readiness and visibility.
Where to find more information
Full details on the EIC Pathfinder scheme, the list of selected projects, the EIC Work Programme and Business Acceleration Services are available from the European Innovation Council and SMEs Executive Agency. Applicants should consult the Funding and Tenders Portal for application templates and the national contact points for tailored guidance.
The EIC provides meaningful early stage support for visionary science. That support is not a guarantee of market impact. Aspiring innovators should treat Pathfinder funding as the start of a long innovation journey that will require strategic follow on funding, industry partnerships and careful management of technical and regulatory risk.

