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,
- investments (direct equity investments) of up to €15 million managed by the EIC Fund for scale up and other relevant costs.
In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.
The EIC welcomes applications from innovators in all EU Member States and countries associated to the Horizon Europe programme. It particularly welcomes applications from startups and SMEs with female CEOs.
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.
EIC Accelerator open funding is for breakthrough innovations in any field of technology and application.
EIC Accelerator challenge funding targets breakthrough innovations with major impacts on:
- Strategic Digital and Health technologies
- Green Deal innovations for the economic recovery
The cut-off dates for 2021 (for both Accelerator Open and Accelerator challenges) are:
- Wednesday 16 June, 2021
- Wednesday 6 October, 2021
Remote experts & jury members
In EIC Accelerator proposals are assessed by independent evaluators with different profiles.
All experts are carefully chosen to guarantee that each proposal is evaluated by professionals with the adequate technology and/or sector expertise, as well as business and finance competence.
In the first two stages of the selection process, proposals are evaluated by remote experts. Later on, the projects are assessed by the EIC jury members.
Latest statistics: EIC Accelerator call step 1 (interim results as of 7 July)
EIC Accelerator news
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