European Commission Updates EIC Fund Investment Guidelines

The European Commission published an updated version of the EIC Fund investment guidelines, detailing its investment approach and process for companies selected for the EIC Accelerator and EIC STEP Scaleup. The update reflects the addition of defense-related activities and increased investment amounts following the introduction of the EIC STEP call.

The European Commission revised the EIC Fund’s criteria for investment and exit decisions involving companies selected for the EIC Accelerator and EIC STEP Scaleup. The changes reflect the addition of defense-related activities and larger investments following the introduction of the EIC STEP call, helping eligible companies and potential co-investors understand differences in the applicable conditions.