Consortium grantInvestment strands: TRL 6–9; capacity building is a separate route

Interregional Innovation Investments (I3)

Scale technology across European regions through joint investment projects

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Next Deadline12 November 2026
31Days Left
87% elapsed13% remaining
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Funding available
€2MInvestment-project grants: 70% of ordinary eligible costs; 100% of the consortium’s financial-support-to-third-parties cost category
TRL band6–9
To decision18–36 mo
2026 budget€28.2M
On this page · 14 sections→
The programme

Overview

I3 helps regional innovation networks turn mature technologies into connected investment projects. An SME can join a consortium developing complementary demonstrations and commercialisation activities across regions, or apply to a separately advertised cascade-funding call run by a funded project. Digital technologies, green technologies and smart manufacturing are central themes. Strand 1 strengthens European value chains; Strand 2a concentrates on creating and connecting value chains in less developed regions. Strand 2b builds ecosystem capacity and has different conditions. This is an ERDF instrument managed by EISMEA, with regional development objectives as well as a technology case.

2026 Budget€28.2M Strand 1 + €30.2M Strand 2a; separate €9.8M capacity-building call already closed
Average Grant
Start with the regional partnership and investment portfolio.
Fit

Is this for you?

Technology SMEs with a demonstrated solution and an investment case that complements partners in other European regions; clusters, regional agencies, research organisations and public bodies able to organise that collaboration.
A good fit if
  • Your technology investment case is at TRL 6 or beyond.
  • You can join a qualifying consortium with an eligible coordinator and regional S3 alignment.
  • The budget can meet co-financing, company-investment and less-developed-region conditions.
Probably not if
  • You need a standalone €10M startup grant.
  • You are funding basic research without an investment/deployment portfolio.
  • You assume an unannounced project-level cascade call is already open.

Investment-strand readiness does not describe the separate ecosystem capacity-building route.

The odds

Success rates — the honest picture

Start with the regional partnership and investment portfolio. A strong standalone product pitch cannot replace the required regional composition, S3 alignment, expenditure distribution or co-financing. A project-run cascade call may be a more proportionate entry point for a smaller company.
Who qualifies

Eligibility

  • 1Investment calls require a consortium of independent eligible legal entities; a startup cannot apply alone. Business investment cases begin at TRL 6 and must connect shared or complementary regional Smart Specialisation (S3) priorities.
  • 2Strand 1: at least five independent beneficiaries from five regions in three eligible countries, including at least two entities in less developed regions. Affiliated entities do not count toward that minimum.
  • 3Strand 2a: at least three independent beneficiaries from three regions in two eligible countries, including at least one entity in a more developed region; the project must integrate less developed/transition regions into value chains.
  • 4The investment-call coordinator must be a public body, a non-profit, or an entity entrusted by national/regional government with SME innovation and investment actions.
  • 5For both 2026 investment calls, at least 70% of total direct eligible costs must support investments in companies, focusing on SMEs, and at least 50% of total eligible costs must be incurred in less developed regions.
  • 6EU Member State entities, including eligible overseas countries and territories, are the ordinary funded applicants. The linked I3 country list currently names no participating non-EU country; Horizon Europe association alone does not establish I3 eligibility. The call permits specific exceptional cases.
The fine print
Coordinator and beneficiaries are different roles

A technology company can be a beneficiary. It may coordinate only if it meets one of the permitted coordinator categories; being an SME is not sufficient.

Country list and exceptions

The linked participation list remains dated 2021 and names no associated non-EU country. The 2026 call nevertheless provides essential-participation exceptions and other roles for non-EU entities; those require call-specific consideration.

Cascade calls are a separate competition

The ordinary third-party recipient ceiling is €100K. The call’s financial section allows a higher amount only where needed for the action and duly justified. Direct recipients must be qualifying SMEs; funded consortia must follow transparent open-call procedures.

Capacity building has a different consortium

CAP2b requires at least two independent legal entities covering two ecosystems in two eligible countries, including a less and a more developed EU region. Its coordinator must be in a less developed or outermost EU region and meet the listed organisation categories.

The money

Consortium funding and SME access

Investment consortiumNormally €2M–€10MWhole project grant request; justified other amounts may be considered
Ordinary eligible costs70% EU contributionConsortium must finance the balance
Cascade supportNormally up to €100K / SMESeparate project-run calls; not the consortium’s €10M envelope
2026 investment calls€58.4M combined€28.2M INV1 and €30.2M INV2a
Good to know
Two different uses of 70%

The reimbursement rate is 70% for ordinary costs. Separately, at least 70% of direct eligible costs must support company investments; meeting one rule does not satisfy the other.

FSTP is a distinct cost category

The consortium’s eligible costs of providing financial support to third parties are reimbursed at 100%. FSTP may not exceed 30% of total eligible costs. This does not imply every startup receives full financing of its own project.

Payment and evidence

The grant is based on eligible actual costs with unit/flat-rate elements. Normally 70% prefinancing follows the agreement, subject to conditions and exceptions; there is interim cost reporting and a final balance.

The process

How to apply — step by step

  1. 1
    Choose the strand and partnersBefore drafting

    Choose Strand 1 or 2a and confirm each organisation’s region, legal status, S3 fit and coordinator eligibility. Check the official regional classification and I3 country list.

  2. 2
    Build the investment portfolioPreparation

    Agree the linked investment cases, company participation, costs incurred in less developed regions, co-financing and ownership/exploitation of results. If using cascade funding, design its separate open-call procedure.

  3. 3
    Assemble the proposal packBefore 12 November 2026

    Register participants for PICs and prepare portal Parts A, B and C. Part B has a 70-page limit. Upload the consolidated budget and the coordinator’s S3 alignment self-declaration using the submission-system templates.

  4. 4
    Submit and undergo evaluationDeadline: 17:00 CET

    Submit one complete proposal to the chosen 2026 investment call by 12 November 2026 at 17:00 CET (Brussels). This is a single-stage competition.

  5. 5
    Validate and signIndicative May–August 2027

    If selected, complete validation and grant preparation. The call timetable anticipates results in May 2027 and signature in August 2027; these are indicative, not guaranteed payment dates.

Evaluation

What evaluators look for

Relevance

Threshold 2.5 / 5Weight 5 points

Regional and S3 fit, value-chain investment logic and contribution to the call objectives.

Quality

Threshold 2.5 / 5Weight 5 points

Credible work plan, consortium expertise, governance, implementation and risks.

Cost effectiveness

Threshold 2.5 / 5Weight 5 points

Proportionate and justified costs, allocations and resources.

Impact

Threshold 5 / 10Weight 10 points

Company investment, regional benefits, scale-up, follow-on investment and exploitation.

Overall threshold

Threshold 17.5 / 25Weight All individual thresholds also apply

Passing makes a proposal eligible for ranking within the available budget; it does not guarantee a grant.

Paperwork

Documents you'll need

Official application and reference library
I3 Strand 1 — 2026 call documentPDF

Binding INV1 scope, consortium composition, budget, regional investment conditions, criteria and agreement rules.

Contains:
Binding INV1 scope, consortium composition, budget, regional investment conditions, criteria and agreement rules.
Length:
41
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
I3 Strand 2a — 2026 call documentPDF

Binding INV2a conditions and its distinct consortium and less-developed-region value-chain requirements.

Contains:
Binding INV2a conditions and its distinct consortium and less-developed-region value-chain requirements.
Length:
42
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
I3 Capacity Building — 2026 call documentPDF

Closed CAP2b round: eligibility, €500K–€1.5M normal grant request, 100% rate and no cascade funding.

Contains:
Closed CAP2b round: eligibility, €500K–€1.5M normal grant request, 100% rate and no cascade funding.
Length:
30
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
I3 Work Programme 2025–2027PDF

Multiannual policy and financing framework; €175,352,687 grant envelope is distinct from individual 2026 calls.

Contains:
Multiannual policy and financing framework; €175,352,687 grant envelope is distinct from individual 2026 calls.
Length:
7
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
I3 country participation listPDF

Current linked country list: no participating non-EU country; do not substitute the Horizon Europe country list.

Contains:
Current linked country list: no participating non-EU country; do not substitute the Horizon Europe country list.
Length:
1
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
EU regional funding classificationWeb

Legal regional categories for the 2021–2027 cohesion period; check each consortium location.

Contains:
Legal regional categories for the 2021–2027 cohesion period; check each consortium location.
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
2026 investment-call briefing and recordingWeb

Official EISMEA session on strands, the budget template and financial support to third parties.

Contains:
Official EISMEA session on strands, the budget template and financial support to third parties.
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
I3 ObservatoryWeb

Official project portfolio and regional participation dashboard.

Contains:
Official project portfolio and regional participation dashboard.
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
INV1 submission portalWeb

Access the current editable Part B, consolidated budget and coordinator S3 declaration in the submission system.

Contains:
Access the current editable Part B, consolidated budget and coordinator S3 declaration in the submission system.
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
INV2a submission portalWeb

Separate topic and application package for Strand 2a.

Contains:
Separate topic and application package for Strand 2a.
Why:
Use the official version relevant to your call year.
When:
During preparation and before submission
View document
Calendar

2026 Deadlines

Closed19 March 2026
Next Cut-off12 November 2026
From submission to money
  1. 2025-10-23CAP2b opening

    Historical capacity-building call.

  2. 2026-03-19CAP2b closed

    17:00 CET. €9.8M call budget; no longer accepts new applications.

  3. 2026-05-13INV1 and INV2a opened

    Two distinct investment topics.

  4. 2026-05-27Investment-call information session

    Historical recording and presentation remain useful.

  5. 2026-11-12INV1 and INV2a deadline

    17:00 CET (Brussels). €28.2M and €30.2M call budgets respectively.

  6. 2027-05Investment-call results expected

    Indicative timetable, not an application deadline.

  7. 2027-08Investment grant signatures expected

    Indicative, subject to successful grant preparation.

After the grant

After you're funded

Confirm the agreement and consortium arrangements

Validate beneficiaries, finalise responsibilities, co-financing, result ownership and the consortium agreement. Selection alone is not a signed grant.

Keep reporting evidence

Track eligible expenditure, SME/company support and the regional allocation conditions. Detailed budget reporting remains despite the simpler 2026 application table.

Run compliant cascade competitions where approved

Publish the project’s calls and selection outcomes, handle conflicts fairly and retain selection/recipient evidence. Cascade funding cannot be introduced as an undocumented discretionary distribution.

Prepare follow-on investment

Demonstrate the exploitation and continuation of the linked business cases and fulfil communication, dissemination and EU-funding visibility obligations.

On the ground

Practical notes

Build the regional budget before drafting

Test the 50% less-developed-region expenditure condition and the company-investment allocation against the consolidated budget.

Use the current templates

The 2026 application budget was simplified, but detailed reporting remains. Download editable forms from the submission system rather than completing public example PDFs.

Find partners and real examples

The I3 Support Facility and Observatory provide ecosystem and funded-project information. Use them to identify complementary capabilities and experience, not as evidence of automatic admission to a consortium.

At a glance

Key Features

TRL 6+ demonstrations, technology deployment and commercialisation across regions
Normally €2M–€10M requested per consortium, not per startup; justified other amounts may be considered
Two open investment calls share a 12 November 2026, 17:00 CET deadline
Ordinary costs funded at 70%; the FSTP cost category at 100%
Cascade support normally up to €100K per SME under separate project-run calls
Regional composition, S3 alignment and less-developed-region expenditure are substantive eligibility conditions

Frequently Asked Questions

The investment-call amount belongs to the whole consortium. An SME may be a consortium beneficiary or join a project’s separate cascade-funding competition; its share depends on that role and budget.

Strand 1 strengthens interregional value chains and requires the larger five-entity consortium. Strand 2a concentrates on connecting less developed and transition regions, with a three-entity minimum. Both require credible company investment cases and regional benefit.

Not as one central I3 startup round. Funded consortia publish their own competitions, normally open for at least two months. Their eligibility and dates must be checked individually. The parent call sets the ordinary €100K recipient ceiling; it is not an automatic award.

No. I3 has its own participation list. The currently linked official list says Iceland, Norway and Liechtenstein do not participate and lists no other associated country. Read the call’s exceptional-funding and other-role provisions for a non-EU partner.

No. The 2026 capacity-building round closed on 19 March. It supports regional ecosystems, normally with €500K–€1.5M consortium grants over 18–24 months at 100%; it does not allow financial support to third parties.

The 2026 investment documents plan evaluation through April 2027, results in May and grant signature in August. These administrative milestones are indicative. Exact 2027 investment-call dates have not yet been published on the programme page.

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