EIC Accelerator

- Founded: 2021
- Country: European Union
- Industries: Artificial Intelligence, Climate Tech, deep-tech, Space Technology (SpaceTech)
- Type: Sovereign Funds & Government Capital
- Headquarters: Brussels, Belgium
Description: The EIC Accelerator is a funding program under Horizon Europe that offers support to startups and SMEs with innovative, game-changing products, services, or business models that have the potential to create new markets or disrupt existing ones in Europe and worldwide. It provides a unique combination of grant funding and equity investments, along with coaching, mentoring, and networking opportunities
Contact:
- Website: https://eic.ec.europa.eu/eic-funding-opportunities/eic-accelerator_en
- Social Media:
Geographical Focus: 107
External Info: The program offers a unique combination of non-dilutive grants and equity investments, catering to companies at different stages of technology readiness. Specifically, it provides:Grants of up to €2.5 million for innovation activities (TRL 5-8).Equity investments through the EIC Fund of up to €15 million for market deployment (TRL 9).Blended finance options combining both grants and equity.The EIC Accelerator is open to single startups and SMEs, as well as individuals intending to launch an SME. It particularly welcomes applications from companies with female CEOs, CTOs, or CSOs.
Evolution Europe - Innovation ForwardThe selection process comprises three steps:Submission of a short proposal.Submission of a full proposal.Face-to-face interview with the EIC Jury.
myriadassociates.ieIn 2024, the EIC Accelerator selected 68 companies for funding, combining grants and equity, following a highly competitive process. These companies were chosen from a total of 969 applicants, highlighting the program's selectivity and focus on high-potential innovations.