Snapshot overview: Support for smaller actors to develop innovative solutions
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Name: EIC Accelerator
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Institution/ DG/ Agency responsible at EU-level: European Innovation Council (Horizon Europe)
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Work programme: Open-ended funding with deadline
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Programme: Grants, investments, non-financial support, blended support possible (grant & equity). In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community
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Programme budget:
- Open funding: EUR 630.9 million
- Challenge driven funding: EUR 536.9 million
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Project budget:
- Grant funding (non-dilutive) of up to EUR 2.5 million for innovation development costs, investments (direct equity investments) of up to EUR 15 million managed by the EIC FundSearch for available translations of the preceding link for scale up and other relevant costs
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Type of funding :
- Bottom-up (open-funding)
- Top-down (challenge driven), such as Strategic Digital and Health technologies and Green Deal innovations for the economic recovery
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Target participants: The EIC Accelerator supports:
- Individual Small and Medium Enterprises (SMEs), particularly start-ups and spinout companies, to develop and scaleup game-changing innovations.
- In some cases, small mid-caps (up to 499 employees). .
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Programme scope: EIC Accelerator funds innovation activities that go beyond the experimental proof of principle in laboratory to:
- Develop high risk/high impact innovations
- Have the potential to create new markets, disrupt existing ones and contribute to societal innovation
- Build on scientific discovery, radical thinking or technological breakthroughs (‘deep tech’)
- Require significant funding over a long timeframe before returns can be generated (‘patient capital’)
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Participant criteria: The Work Programme allows for the participation of the following stakeholders:
- Single start-up or SME (including spin-outs) established in an EU Member State or Horizon Europe (HE) Associated Country
- A ‘Small mid-cap’ (up to 499 employees) established in an EU Member State, or HE Associated Country
- Companies who need funding for rapid scale up and whose activities are at focused on commercialisation and market deployment)
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Project duration: TBD
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Average time from submission to project kick-off: TBD
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R&D stage: Open, no specifications
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Intellectual property: TBD
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Project database: EU Funding & Tender Opportunities portal – Single Electronic Data Interchange Area (SEDIA)
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Status:
- Ongoing
- Work Programme has been accepted
- Open calls: Short applications open any time, full applications deadline are 23 March 2022, 15 June 2022, and 5 October 2022
- Challenge driven calls: Short applications welcome any time, full applications deadlines are 23 March 2022, 15 June 2022 and 5 October 2022
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Contact details & more information:
- EIC Accelerator Guide
- EIC Work Programme 2022
- Further information can be found on the Community Research and Development Information Service (CORDIS)
