EIC Accelerator is a program that combines access to non-repayable grants of up to €2.5M with an optional equity investment component of up to €15M, intended to cover the commercial launch phase of the product on the market (TRL9).
It is one of the most interesting European grant programs for SMEs and startups. However, only 2% of the applications are successful, which makes it a very competitive aid.
EIC Accelerator aims to promote the scalability of companies at an international level. It wants to encourage start-ups that are developing very innovative and close-to-market products (TRL 6) to grow in a very accelerated way.
The EIC Accelerator call for proposals consists of two phases: phase 1 is a short application that serves as a filtering phase and phase 2 is the final phase where funding is obtained.
European Comission
The European Commission, the governing body of the European Union, promotes innovation and business development in member countries through framework programmes for the granting of aid in the form of a lost grant.The previous Horizon 2020, covering 2014-2020, has been replaced by Horizon Europe, with which the EC focuses on building a sustainable, fair and prosperous future for people and the planet based on European values.
Open Calls
They are open to any type of project aimed at the development of science, technology or application of the above; launched by startups and SMEs regardless of their sector of activity.
Specific Calls
Open for projects with specific objectives within priority sectors such as the European Green Deal and Strategic Digital and Health Technologies.
Features:
The company must be technologically innovative
Hard-lost grants
Duration of the projects of 1 to 2 years
For projects at a technological development level (TRL) between 6 and 8.
