EIC Accelerator

Mono-beneficiary acceleration scheme, providing a unique combination of funding from 0.5M to 17.5M Euro, for scale-up and commercialization of a disruptive product, belonging to an excellent high-growth-potential company

What is the EIC Accelerator?

  • The EIC Accelerator is a financing and acceleration scheme, under the European Framework Programme Horizon Europe
  • This program is intended for companies with a groundbreaking product \ service \ process \ business model, who are conducting close-to-market R&D; When its goal is to market the innovative product- scale-up a prototype and advance towards market uptake.
  • See the work program here and EIC Accelerator leaflet here.

Who can apply?

  • Small and Medium-sized Enterprise (SME); defined:
    1. Less than 250 employees
    2. Less than 50 million Euros in annual turnover or less than 43 million Euros of balance sheet
  • Small mid-cap; defined: 
    1. Single enterprise up to 499 employees 
    2. Only for the investment component
  • One or more natural persons or legal entities intending to establish an SME

Funding under the EIC Accelerator scheme

  • Grant only, Equity, Blended (Grant + Equity), Grant first
  • Investment component: 0.5M€ up to 15M€; Grant component: up to 2.5M€  
  • The company receives 70% of the amount needed for the project + 25% overhead (~87.5%).
  • Used for a full-fledged project that can take between 18-24 months

    Evaluation Process

    • The evaluation of proposals is done in three steps: 
      • Short submission -remotely by 4 independent evaluators
      • Full application- remotely by 3 independent evaluators
      • Face-to-face interview conducted in Brussels (or via virtual platform)

    When to submit and in what subjects?

    Business Acceleration Service

    Winners and Seal of Excellence receive Business acceleration services and take part of the EIC Community platform

    Useful information