Funding Programmes

EIC Accelerator

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EIC Accelerator (EICA), under the Horizon Europe programme framework, funds innovative and breakthrough project ideas via the European Innovation Council (EIC). In the Accelerator programme, funding can be given to support the whole process ranging from demonstration to market launch and break-even.

This programme targets companies, especially start-ups and SMEs, to scale-up high impact innovations with the potential to create new or disrupt existing markets. The ambition is to spark high growth and internationalisation. Moreover, this programme is open to innovations in any field of technology or application, which are considered too high-risk for private investors to fund. It is particularly relevant for deep tech innovations, building on scientific discoveries or technological breakthroughs where significant funding is needed over a long timeframe before returns can be generated.

EICA support can take the form of grant-only, investment-only (equity or quasi-equity), or blended finance combining both. The objective is to bridge the gap from late-stage development to market entry and scale-up. When a grant is included, it is up to 2.5 million and supports innovation activities (TRL 68), at a 70% funding rate, while any investment component (where included) is typically between €1.010 million and is intended to finance market deployment and scale-up. 

Commercial Opportunities

EICA focuses on innovative and high-potential ideas from companies, taking such ideas from proven technology to market launch and commercial break-even. The programme aims to make it easier for start-ups and SMEs to convert their innovative ideas into marketable and scalable products.

Application Process

The application process begins with submitting a short Step 1 application (a series of topics describing the details of your innovation, potential market and team, as well as a slide deck and short video pitch). This application can be submitted at any time and will be batched and sent for evaluation the first Tuesday of every month. From the date of the batching, the results will be communicated within approximately 4-6 weeks.

If successful, the company is invited to prepare a Step 2 application (a full written proposal which is to be submitted for one of the following dedicated Step 2 cut-offs). The full application will be evaluated by a panel of 1 Technology expert through an interview, followed by an Evaluation panel with at least 3 independent experts. From the date of the batching, the results will be communicated within approximately 89 weeks.

In the case of a positive evaluation, the company is invited for an interview, after which the applying start-up or SME may obtain a positive decision on the EIC funding. The result of the interview is known within 2 or 3 weeks.

Requirements

  • Single start-ups or SMEs can apply for EICA funding, which means that there is no requirement for an additional partner.
  • EICA is a highly competitive funding programme and, among several important points to check prior to applying, it is important to verify that the proposed idea has a very high market potential.
  • A given company can only participate in one granted project under the instrument at the time.
  • Companies with female leadership (CEO role or similar) are particularly encouraged to apply.
  • Limitations for repeated submissions are enforced.

Do you need help validating your match or preparing your application?

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For more detailed information and latest updates, see the official programme website.

 

Case stories

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