ABOUT THE EIC ACCELERATOR
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.
EIC ACCELERATOR — MULTISTAGE APPLICATION (3 STAGES)
The EIC Accelerator is a multi-stage application:
For the first phase, 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 (Second phase) to submit to one of the periodic cut-off dates for Accelerator Open or Accelerator Challenge funding.
Your full application will be assessed by experts against the full criteria for EIC Accelerator funding. If your application meets all of the criteria, you will be invited to the face-to-face interviews (Third phase) with an EIC jury as the final step in the selection process.
- Short application
- 3 mins video pitch
- Slide deck
You can submit at any time, you will receive feedback within 4 weeks.
- Full application to submit to one of the periodic cut-off dates
- Face-to-face interviews with an EIC jury
We make a preliminary project analysis. We analyse your innovation to make a strategy based on our recommendation. We check the TRL of your idea/service/product and we make a business proposal draft.
We evaluate the industrial, social, and economic problem to be solved and related business opportunity, exploitation strategy of the business opportunity, expected outcomes, the state of the art, turnover, market share, jobs creation, the initial plan for full commercialization of the project results, impact on European or global markets, evaluation of the business model against the expected impact of the EIC Accelerator, BM Canvas, SWOT analysis, status and strategy for knowledge protection, regulatory and standard requirements. If it’s needed we create and test a prototype for your idea and we help with the patent application.
We prepare the entire EIC short application, together, with your feedback, we improve your Business Plan and we make a work plan, we also help to restructure the 3 mins video pitch, and the Slide deck. We do resubmissions for free.
We prepare the entire EIC full application, together, with your feedback, we make a work plan, we give training for the face-to-face interview, and we help you to prepare your slide deck. We take care of all the steps needed and we also do resubmissions for free.
After winning the EIC Accelerator, we help you with the implementation of the EU reports. We will help with the project execution. by being an active sparring partner with the necessary experience to review all deliverables and to successfully lead you through a needed amendment process with the European Commission.
We also offer other funding opportunities (Eurostars, SBIR, etc).