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EIC Accelerator

Are you an innovator, a start-up or an SME with a groundbreaking innovation and great ambitions on the European and global market? Then the EIC grant may be the springboard your project needs. Find out here whether your project is eligible and how we can support you in the application process.

Target audience

Entrepreneurs

Budget

€375 million

Deadline

Continuous

Location

European
Home » Grants » EIC Accelerator

What is the EIC accelerator?

The EIC Accelerator focuses on high-risk, high-impact innovations with the potential to create new markets or fundamentally change existing markets.

Grants from the EIC Accelerator can amount to:

  • € 2,5 million (70%) – duration: 12-24 months;
  • Equity: € 500.000 tot € 15 million – aimed at an equity interest between 10% and 25%.

Be sure to discover the possibilities of European grants with
Interreg, Eurostars and Horizon Europe. Interreg promotes regional cooperation, Eurostars stimulates R&D among SMEs, and Horizon Europe finances ground-breaking innovation. In addition to EIC Accelerator, these programs offer networking, financing and knowledge sharing to accelerate your projects and enter new markets. Take the step towards European collaboration and strengthen your position at the forefront of innovation.

Which projects are eligible for EIC grants?

The EIC Accelerator focuses on high-risk, high-impact innovations that have the potential to form new markets or dramatically transform existing markets.

Characteristics of high-risk, high-impact innovations are:

  • Disruptive potential: These innovations can disrupt existing markets or create new ones. They can render existing business models redundant and lead to significant restructuring of industries.
  • Uncertainty: There is often a lot of uncertainty surrounding the technical feasibility, market acceptance and regulatory aspects of these innovations. This makes it difficult to predict success.
  • High investments: They usually require significant investments in research and development (R&D), infrastructure, and sometimes also in creating market awareness and acceptance.
  • Long development time: It can take years or even decades for these innovations to become commercially viable, which increases risks due to the long period before there is a return on investment.
  • Regulatory Challenges: High-risk, high-impact innovations may require new regulations or modifications to existing regulations, adding an element of uncertainty to the innovation process.
  • Social and ethical considerations: These innovations can have profound ethical, social and environmental implications, leading to public debates and the need for socially responsible innovation.

Examples of high risk, high impact innovations include:

  • Artificial Intelligence (AI): AI has the potential to transform many industries, but it also poses risks such as ethical issues, job losses and safety concerns.
  • Genetic modification and CRISPR technology: These can lead to breakthroughs in medicine and agriculture, but also raise questions about ethics and biosafety.
  • Quantum Computing: This has the potential to revolutionize the way we process data, but it is technically very challenging and could invalidate existing encryption methods.

 

Space Technologies: The commercialization of space travel offers enormous potential, but requires large investments and entails technical and operational risks.

What is our revenue model?

Wondering how our earning models work? We use a variety of strategies specially designed to enhance all your grant opportunities. See our earning models page for more information.

Maximum EIC Accelerator contribution

€15 million
Would you like to know more about how we can increase the chance of success for your organization with regard to this grant scheme? Or is there something else you need information about? Please let us know, we are ready to help you.

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A team of specialists at your service

Yvette Peters

Consultant

Wilbert Roerdink

Consultant

Yvette Peters

Consultant

Wout Otte

Consultant

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