Financial instruments
26 August 2025
Proof-of-Concept Co-Financing Instrument
Financial instruments
26 August 2025
1. Healthy, balanced and sustainable diets for all European consumers
2. Prevention and reduction of food loss and waste
3. A climate - neutral food chain in Europe by 2050
+4 more
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EIT Food facilitates corporate innovation by connecting world-leading industry with impactful agrifood startups. The purpose of the PoC Co-Financing Instrument is to financially de-risk the commercial activities of agrifood startups, leading to the development of impactful technologies, products, and services that reach the market and scale further in the food sector.
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EIT Food
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CoC aspirational objectives
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1. Healthy, balanced and sustainable diets for all European consumers
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2. Prevention and reduction of food loss and waste
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3. A climate - neutral food chain in Europe by 2050
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4. An optimised circular and resource-efficient food chain in Europe
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5. Sustained, inclusive and sustainable economic growth, employment and decent work for all
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6. Sustainable value creation in the European food supply chain through partnership
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7. Sustainable sourcing in food supply chains
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The amount funded by the “Proof-of-Concept Co-Financing Instrument” is €2,000,000 in total, and the funding is allocated as follows:
A maximum allocation of €100,000 per individual project.
Funding distribution follows two options, depending on the project budget size:
For projects with costs under €60,000, beneficiaries receive a lump sum payment within 30 days after signing all agreements.
For projects between €60,000 and €100,000, 90% of the grant is paid upfront based on actual costs, with the remaining 10% released after submission of evidence demonstrating achievement of the key performance indicator (KPI), which includes at least €10,000 in sales revenue from the marketed innovation.
Responsible for the funding
While EIT Food oversees the funding process, the financial support itself originates from the EIT, which provides the funds to EIT Food.
The funding under the PoC Co-Financing Instrument has been approved within the framework of a three-year Grant Agreement.
Individual projects funded under this instrument can last from 1 up to a maximum of 12 months starting from their official start date.
This means each funded proof-of-concept or small-scale pilot project must be completed within one year of commencement.
Regarding the call timeline, the call opens on June 1, 2025, and the final deadline for submitting applications is November 30, 2025. There are six cutoff dates spread monthly from June through November 2025, allowing for multiple evaluation rounds within that period:
- Cutoff date 1: 30/06/2025
- Cutoff date 2: 31/07/2025
- Cutoff date 3: 30/08/2025
- Cutoff date 4: 30/09/2025
- Cutoff date 5: 31/10/2025
- Cutoff date 6: 30/11/2025
Financial conditions
non-repayable subgrant;
Beneficiaries receive funding based on actual project costs and value for money, in compliance with Horizon Europe regulations regarding eligible expenses. This is cascade funding, meaning EIT Food distributes funds to selected startups to co-finance proof-of-concept projects.
Financial entities
European Institute of Innovation & Technology (EIT) — the original funder providing resources to the program.
EIT Food — the managing organization responsible for fund allocation, monitoring, and contractual arrangements.
Corporate clients — partners required to accept funding terms, facilitating startup-corporate collaboration.
- Beneficiary startups — recipients of the subgrant funding for proof-of-concept projects.
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See also
European Innovation Council (EIC) Accelerator
- Categories
- 2. Prevention and reduction of food loss and waste 3. A climate - neutral food chain in Europe by 2050 4. An optimised circular and resource-efficient food chain in Europe +3 more
Digital Europe Programme
- Categories
- 2. Prevention and reduction of food loss and waste 3. A climate - neutral food chain in Europe by 2050 4. An optimised circular and resource-efficient food chain in Europe +3 more
European Agricultural Fund for Rural Development (EAFRD)
- Categories
- 2. Prevention and reduction of food loss and waste 3. A climate - neutral food chain in Europe by 2050 4. An optimised circular and resource-efficient food chain in Europe +3 more
