EIC ACCELERATOR
The EIC Accelerator is specifically designed for startups and SMEs with a groundbreaking solution close to market readiness but still requiring additional development for full commercial potential. This program offers a unique blend of non-dilutive funding in the form of a grant from the European Commission, complemented by a strategic equity investment from the EIC Fund. Particularly beneficial for SMEs with existing investors and industry networks, this program can be a catalyst to advance toward full commercialization.
GRANT SIZE
grant for up to €2.5M
equity for up to €15M
TRL
at least TRL 5
DEADLINE
2024 October 3
APPLICANT
Single applicant
APPLICATION PROCESS
There are 3 main steps to go through:
Submit a max 12-page short proposal, a 3-minute-long video and a 10-slide pitch deck.
A successfully evaluated Step 1 invites you to write the full proposal. Here, a 50-page proposal, a pitch deck and supporting documents (i.e. LOIs, CVs, financials) are required.
With a successful Step 2, you get invited to a final interview with the EIC Jury. This is your chance to present your project to a panel of experts, discussing the project, market potential, and commercialization in more detail.
TIMELINE
Please note that this is an estimate based on our experience working with this grant and available information.