The European Commission has highlighted the growing impact of the Strategic Technologies for Europe Platform (STEP), which has mobilised €29 billion to strengthen innovation and competitiveness across key sectors.
An initiative that supports the development and manufacturing of critical technologies, reinforcing the Union’s strategic autonomy.
Funding has been directed toward digital and deep-tech innovation, clean technologies, biotechnology and defence, combining resources from EU programmes and Member States.
Such a coordinated approach reflects efforts to reduce strategic dependencies instead of relying on fragmented investment strategies.
The platform has also improved access to funding, with hundreds of calls and projects supported across all Member States. Tools such as the STEP Seal and the planned AI-based access systems aim to simplify processes and attract further public and private investment into high-potential projects.
Looking ahead, the initiative is shaping broader reforms, including proposals for a European Competitiveness Fund. These developments signal a continued focus on streamlining funding mechanisms while supporting innovation ecosystems and long-term economic growth across Europe.
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