Members' Research Service By / October 13, 2023

Strategic technologies for Europe platform (STEP) [EU Legislation in Progress][Policy Podcast]

Competition for global technological dominance is raging, especially for mastery of the foundational technologies of the 21st century – such as artificial intelligence, 5G, quantum technologies, semiconductors, green technologies and biotechnologies.

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Written by Guillaume Ragonnaud and Marin Mileusnic (1st edition).

In June 2023, the European Commission tabled a proposal for a regulation establishing a new strategic technologies for Europe platform (STEP). STEP would rely on the reprogramming of funds under existing EU instruments. It would also come with an additional budget of €10 billion. Overall, the platform could leverage up to €160 billion in investment, of which €110 billion would be triggered by the top-up. STEP would direct funding to strategic projects supporting the development and manufacturing of deep and digital technologies, clean technologies and biotechnologies, and the strengthening of their value chains, to meet the challenges of the green and digital transitions. This would help the EU limit or prevent strategic dependencies. STEP would be a test for, possible, further steps towards a European sovereignty fund.

The proposal is now in the hands of the co-legislators. In the Parliament, the file was allocated jointly to the Committees on Budgets (BUDG) and Industry, Research and Energy (ITRE) (Rule 58 of Parliament’s Rules of Procedure); they adopted their report on 9 October 2023. The report is due to be put to the vote in plenary during the October II plenary, fixing Parliament’s position for negotiations with the Council, which has not yet adopted its mandate.


Proposal for a regulation of the European Parliament and of the Council establishing the Strategic Technologies for Europe Platform (‘STEP’) and amending Directive 2003/87/EC, and Regulations (EU) 2021/1058, (EU) 2021/1056, (EU) 2021/1057, (EU) 1303/2013, (EU) 223/2014, (EU) 2021/1060, (EU) 2021/523, (EU) 2021/695, (EU) 2021/697 and (EU) 2021/241
Committees responsible:Committee on Budgets (BUDG)
Committee on Industry, Research and Energy (ITRE)
Rapporteurs:Christian Ehler (EPP, Germany)
José Manuel Fernandes (EPP, Portugal)
Shadow rapporteurs:Matthias Ecke (S&D, Germany)
Jonás Fernández (S&D, Spain)
Valérie Hayer (Renew, France)
Rasmus Andresen (Greens/EFA, Germany)
Henrike Hahn (Greens/EFA, Germany)
Izabela-Helena Kloc (ECR, Poland)
Bogdan Rzońca (ECR, Poland)
Cornelia Ernst (The Left, Germany)
Younous Omarjee (The Left, France)
Ordinary legislative
procedure (COD)
(Parliament and Council
on equal footing –
formerly ‘co-decision’)
Next steps expected: Vote in plenary

timeline-10 steps-voted in plenary

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