The EIC Work Programme 2024 outlines funding across three main schemes:

EIC Pathfinder (€256 million): Dedicated to multidisciplinary research teams pursuing visionary research with the potential to yield technological breakthroughs. Grants of up to €4 million are available.

EIC Transition (€94 million): Aimed at transforming research results into innovation opportunities, this scheme builds on outcomes from EIC Pathfinder projects, European Research Council Proof of Concept projects, and for the first time, results from Horizon collaborative projects under Pillar 2/societal challenges. Grants of up to €2.5 million are offered.

EIC Accelerator (€675 million): Designed for startups and SMEs to advance and scale up innovations with the potential to establish new markets or disrupt existing ones. Grants range below €2.5 million, with investments ranging from €0.5 million to €15 million. Of the total, €405 million is allocated for investments managed by the EIC Fund, which will also receive an additional €180 million for follow-on investments in companies selected from previous EIC Accelerator calls.