# The European Commission officially adopted the €1.8 billion 2027 EIC Work Programme on 5 November -- the final Horizon Europe innovation budget -- completing the Scaleup Europe Fund at €1 billion, committing €200 million to defence deep tech, and doubling Women TechEU grants to €150,000 per startup.
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## Public content

**issue:** 24
**type:** pulse
**date range:** 6 Nov 2026
**tagline:** The European Commission officially adopted the €1.8 billion 2027 EIC Work Programme on 5 November -- the final Horizon Europe innovation budget -- completing the Scaleup Europe Fund at €1 billion, committing €200 million to defence deep tech, and doubling Women TechEU grants to €150,000 per startup.
**published at:** 2026-11-06
**sections:** 
  -     **body:** On **5 November**, the European Commission officially adopted the **2027 EIC Work Programme** -- the last funding round under **Horizon Europe 2021-2027**. Total budget: **€1.8 billion**.

The largest single allocation, **€1 billion**, completes the **Scaleup Europe Fund** launched in 2026 and managed by **EQT**. The fund backs European companies at scale-up stage across all deep tech sectors. A further **€200 million** goes to **STEP Scale Up Defence**, providing **€10-30 million per company** in dual-use and defence technology. The **Advanced Innovation Challenges** pilot receives **€25 million** for breakthrough research tied to EU strategic priorities.
    **emoji:** 📋
    **label:** EIC 2027 WORK PROGRAMME
    **heading:** Europe's final Horizon Europe innovation budget confirmed at €1.8 billion
  -     **body:** Two structural changes are confirmed. **EIC Transition** moves from consortia to **single companies or teams** -- a simpler route from breakthrough research to market. **Women TechEU** doubles its non-dilutive grant to **€150,000 per startup** and a new **European Prize for Women Innovators in Quantum** is introduced.

New for 2027: EIC-backed companies will receive formal support in **testing technologies with public and private buyers**, connecting innovation funding to procurement at scale.

**For scale-up founders:** The Scaleup Europe Fund is now fully capitalised at **€1 billion**. **EQT** manages the fund, backing European deep tech companies at growth stage. The 2027 programme is now open for applications.
    **emoji:** 🎯
    **label:** WHY IT MATTERS
    **heading:** What changes for founders in 2027

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