EIC Accelerator – Open and Challenges
The EIC Accelerator supports individual small and medium enterprises (SMEs), in particular startups and spinout companies to develop and scaleup game-changing innovations. In some cases small mid-caps (up to 500 employees) are supported.
The EIC Accelerator provides substantial financial support with:
- grant funding (non-dilutive) of up to €2.5 million for innovation development costs, including demonstration of the technology in the relevant environment, prototyping and system level demonstration, R&D and testing required to meet regulatory and standardisation requirements, intellectual property management, and marketing approval (e.g. at least TRL 5/6 to 8).
- investments (direct equity investments or quasi-equity such as convertible loans) of up to €15 million managed by the EIC Fund for scale up and other relevant costs. Companies working on technologies of strategic European interest can apply for EIC investments of more than €15 million.
EIC Accelerator is a thematically open call with a total budget for 2023 of € 613 Million.
In addition to that specific challenges are adressed with a separate budget of 524,7 Million Euro. These challenges are:
- Biomarkers for cancer
- Decontamination for pandemic management
- Energy storage
- New European Bauhaus
- Quantum or semiconductor products
- Resilient agriculture
- Space technologies and services
How to apply
You can apply for EIC Accelerator funding at any time through the EIC Platform. You will need a video pitch, a slide deck and respond to a short set of questions about your innovation and your team.
You will normally receive feedback within 4 weeks. If your application meets the basic criteria for EIC Accelerator funding, you will be invited to prepare a full application to submit to one of the periodic cut-off dates for Accelerator Open or Accelerator Challenge funding.
Your full application will be assessed by our experts against the full criteria for EIC Accelerator funding. If your application meets all of the criteria, will be invited to the face to face interviews with an EIC jury as the final step in the selection process.
Applications that meet all the criteria at the remote evaluation stage and are assessed positively by the EIC jury but not recommended for funding, will be awarded a Seal of Excellence to help them secure funding from other sources. Companies with a Seal of Excellence can also get support from EIC Business Acceleration Services. To be eligible for a Seal of Excellence you must give consent to sharing some basic information about your application with other funding and support organisations.
Submission Process and Deadlines
EIC Accelerator Programme foresees a two stage submission process: Short Applications (15 pages) can be submitted at any time. Applications that meet the evaluation criteria are invited to submit a full application towards one of the deadlines:
- 11 - 22 September 2023
- 27 November - 8 December 2023