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European Innovation Council
News article5 April 20231 min read

EIC Board statement: improving the submissions to EIC Accelerator

The EIC Board supports the need for a specific EIC Accelerator application process based on a business case rather than a traditional R&D grant proposal. However, the EIC Board has seen a large amount of feedback from applicant companies, EIC jury members and expert evaluators, investors and others, which point to some areas of improvement in the current EIC Artificial Intelligence (AI) platform tool in particular regarding its length and complexity, limited reusability for the time being, lack of integration/ interoperability with other widely used platforms, redundant or missing information, and technical shortcomings. While the EIC AI platform has achieved its primary objectives to date, it is now time for a major improvement of the platform.

The EIC Board welcomes the intention of the Commission and EISMEA to improve the AI platform, and has agreed on the guiding objectives and specific recommendations to support this process.

Check the full EIC Board statement

Details

Publication date
5 April 2023