Horizon Europe – EIC Accelerator

Fund details

Grant funding 

Non-dilutive funding, up to €2.5 million, for innovation activities only (TRL 5-8), to be completed within 24 months.

• Grant only – for companies aiming to reach the TRL 8 at the end of the project and continue further development without the EIC support
• Grant first – for companies reaching TRL 8 at the end of the project and the possibility to apply for dilutive equity to reach TRL 9

Direct investment 

Dilutive funding, up to €15 million, for market deployment (TRL 9), «patient capital» principle with a 7-10 years perspective.

• Blended finance: a mix of non-dilutive grants for innovation activities (TRL 5-8) and dilutive equity for market deployment (TRL 9).
• Investment only: for mid-caps companies and companies that have received a «grant only».

Eligibility

Who can apply?

Applicants from EU Member States and countries associated with the Horizon Europe programme:

• Single start-up or SME (including spin-outs)
• Small mid-caps (fewer than 499 employees) in need of rapid scale-up of the TRL 9 activity. Mid-caps can apply for investment only.
• Natural persons or legal entities willing to set up an SME or a mid-cap.

Applicants from third countries:

• Applicants from third countries may relocate their company to become eligible. This must be done before submitting the full application (Step 2).
• Applicants from the United Kingdom can apply for the “grant only” scheme

Concurrent applications:

• Applicants may submit only one application to the EIC Accelerator. Additional applications can be submitted after receiving the results of the original submission.

Please get in touch to discuss this programme and the fund suitability for your innovation.