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Funding Your European Startup: A Guide to Grants

Updated: Apr 10

A start up business team working in an office

The European market is a huge opportunity for startups with a wealth of talent and resources for a successful venture; however, startups often need help financing their operations. Grants are available for startups in Europe, but not all entrepreneurs know this. Here is an overview of European grants for startups to help you get the funding you need to start your business.

European Commission Grants

The European Commission has several grant programs geared towards startups registered in any of the European Union member states. One of these programs is the EU Horizon Program, which offers funding of up to €2.5 million for innovative and ambitious projects. Another grant the European Commission offers is the European Investment Fund, which provides financial assistance to businesses looking to develop innovative products.

National Grant Programs

EU member states also offer financing options for startups within their jurisdiction. For example, Spain has Emprende-in-Joven, which provides €75,000 to entrepreneurs aged 18-35. France has the DGFPI Program, which offers €40,000 for social impact ventures. These national grant programs are a great way of securing funding.

Public-Private Partnership Grants

A unique funding opportunity arises when the public and private sectors team up through public-private partnerships. The European Union has several programs that offer grants for businesses collaborating with both public and private institutions. To qualify for funding, organisations must have a project involving multiple partners working on solutions to social, environmental or technological challenges.

Accelerator Programs

Accelerator programs such as EIC are for startups and are designed to support new businesses in their early stages. These programs offer mentorship, networking, and funding opportunities to fledgling companies. Accelerator programs may require the startup to give some equity in exchange for funding. Programs may last weeks to months, and those who benefit may get up to €50,000.

Venture Capital

Venture Capital may not be offered as a grant but is a very common way to finance a new business. This involves private investors putting money into a startup in exchange for part ownership. Venture capitalists frequently seek companies with high growth potential. The startup will work with the investors closely in order to achieve growth.

It can be challenging to come up with enough funding to start a new business. Luckily, there are grants are available in Europe for startups.

Let us help you find and secure the right funding opportunity to help your organisation achieve its mission. Contact Grant Writers Europe today.


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