EIC Accelerator - Short Proposal
Description
Description
The grant aims to support startups and small to medium-sized enterprises (SMEs) in EU Member States and Horizon Europe Associated Countries by providing financial support to develop and scale up high-risk, high-impact innovations. This initiative focuses on driving the creation of new markets or transforming existing ones through technological breakthroughs and deep tech innovations.
Type of Project
- Solution/Product or Service Development (TRL 5/6 to 8)
- Market Deployment and Scale-up (TRL 9)
- Innovative Projects aiming for significant market impact
Eligibility Criteria
- Applicant must be a startup or SME, potentially including spin-outs, established within an EU Member State or Horizon Europe Associated Country.
- Projects must focus on high-risk/high-impact innovations likely to create or transform markets.
- Applicants need sufficient financial stability or partners to co-finance the scaling up of the innovation.
Eligible Expenses
- Direct costs associated with technological development and innovation.
- Expenses related to achieving readiness for market deployment and scaling up.
- Costs linked to intellectual property acquisition and protection.
Examples of Eligible Projects to be developed
- Development and preliminary deployment of an innovative monoclonal antibody-based therapy for new virus variants.
- Establishment of a new value chain for renewable energy resources, including materials development and recycling.
- Scaling up a groundbreaking technology or product that significantly improves existing market solutions.
Financial Information
- Total budget for the grant: 2.500.000€
- Co-financing percentage: Maximum of 70% of total eligible costs
- Maximum funding per company: 2.500.000€
- Minimum funding per company: 500.000€
Stages of the process:
1. Short Proposal (Granter fee of 1.500€)
- 5-page proposal + 10-slide pitch + 3-minute video
- Continuously open with a response of up to 4 weeks
2. Full proposal (Granter fee of 3.500€ + 2% of success fee)
- Full 20-page proposal with annexes + Coaching by the European Commission
- Evaluation with projects of excellence, impact, risk and implementation
- Results in 5-6 weeks
- Last cut-off of 2024 on October 3rd
3. Interview with EIC jury:
- 10-minute pitch + 30-minute Q&A
- Funding decision in 2-3 weeks
Note: If you have already received a grant support by the EIC Accelerator, you can apply for an investment by the EIC Fund.
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EIC Accelerator - Short Proposal
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Which documents are required to complete this application?Timeline
Jan. 1, 2024
Opening of applications
Dec. 31, 2024
Closing of applications
Jan. 1, 2024
Opening of applications
Dec. 31, 2024
Closing of applications