Horizon Europe - the next research and innovation framework programme

The commission increased the total budget of the new EIC Accelerator program -SME instrument to €100M (in comparecent to the former one €70M)

The new SME Instrument - EIC Accelerator

The new program will focus in particular on the Global Challenges and European Industrial Competitiveness pillar of Horizon Europe

Funding under the new EIC Accelerator scheme

• Grant between 500,000€ to 2.5€ million

• 70% from the awarded budget + 25% overhead (~87.5%)

• Funding duration between 12-24 months

• The program's goal is to market the innovative product- scale-up a prototype and advance in close-to-market R&D towards market uptake

• New blended finance: grant up to 2.5M Euros, equity up to 15M Euros

• 2 steps evaluation process:

• Remotely by 4 independent evaluators followed by a face-to-face interview conducted in Brussels (if score is above the cut-off)

#H2020

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