Skip to content
MIKES

EU programmes · European Commission, DG DEFIS

European Defence Fund

GrantsDefenceDual-useDeep tech
Ticket size
~EUR 1 billion per annual work programme; grants up to 100% of eligible costs per project

About the programme

The EDF is the EU's principal instrument for co-funding collaborative defence research and capability development across Member States, with a total budget of approximately EUR 7.3 billion for 2021–2027 (EUR 2.7 billion for research, EUR 5.3 billion for capability development).

  • It is implemented by the European Commission through annual competitive calls for proposals structured around thematic and horizontal categories covering all military domains and key enabling technologies.
  • Consortia of at least three entities from EU Member States or associated countries (currently Norway) are required, with dedicated tracks for SMEs, mid-caps, and disruptive technology innovators via the EU Defence Innovation Scheme (EUDIS).
  • Financial support is delivered primarily as grants covering up to 100% of eligible costs, with bonuses for SME/mid-cap participation and linkage to PESCO projects.

Why it matters

With roughly EUR 1 billion committed per annual work programme, the EDF is one of the largest public investors in defence R&D worldwide, making it the single most significant source of non-dilutive grant funding available to European defence-tech companies and SMEs.

  • The EUDIS sub-scheme and cascade funding (FSTP) mechanism specifically lower the barrier for smaller innovators to enter collaborative projects and access the European Defence Technological and Industrial Base.
  • Alignment with EDF priorities—particularly PESCO projects and CDP capability gaps—directly signals strategic relevance to both EU institutions and potential prime-contractor partners.

Calls & cycles

none tracked
No call cycle on record. Check the official programme page.
EU programmesOpen call

CASSINI Space Entrepreneurship Initiative

European Commission (DG DEFIS), with EUSPA and the EIF

Space is treated as dual-use across EU funding; CASSINI gives space-defence start-ups an equity pipeline and visibility instruments that stack with EDF and EUDIS applications.

EquityAcceleratorsPrizes & challengesDual-useDeep tech
See programme
EU programmesOpen call

Defence Equity Facility (DEF)

European Investment Fund with the European Commission, under InvestEU

Not a programme you apply to as a company, but it determines which European VCs have fresh defence-mandated capital; track its fund commitments to know who can actually write you a cheque.

EquityDefenceDual-useDeep tech
See programme
EU programmesOpen call

EIB Group Security and Defence Financing

European Investment Bank Group

Debt, not grants: the EIB now finances defence companies that banks still avoid, and venture debt from its one-stop shop can extend runway without dilution once you have revenue or strong contracts.

LoansEquityDefenceSecurityDual-use
Direct venture debt for fast-growing innovative SMEs and mid-caps; intermediated credit lines via partner banks for smaller ticketsSee programme