The Pillar II of Horizon Europe includes the largest share of the funding of the programme. With a budget of EUR 53.5 billion for 2021-2027, it supports the development of new technologies and solving of global challenges. The actions in Pillar II are divided to six different clusters:
The EIC work programme is directed at SMEs and mid-caps (with some restrictions). It is divided into three funding schemes, listed below.
This funding programme is targeted at high-risk innovations with a particular focus on market-creating and deep-tech innovations. It aims to support rapid scale-up of innovations and technologies.
The funding available varies from up to EUR 4 million, and the projects may last up to four years.