TL;DR: EIC Transition is the European Innovation Council's grant for taking a result from an earlier EU research project out of the lab and towards a business. In the 2027 work programme, adopted by the European Commission on 5 November 2026, it has €92 million, pays 100% of costs as a lump sum, and suits requests between €0.5 million and €2.5 million over one to three years. From 2027 only a single applicant can apply: a startup, an SME, a university or a research organisation. Your project must build on an eligible Pathfinder, ERC Proof of Concept or Horizon research project, and you need a letter of intent from a potential customer.