EIC Accelerator - SME Instrument
EIC main instruments and characteristics
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Goal: Bridge the gap between innovation and market take-up
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Tailor-made investment that fits the needs of the company and of the project
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Grant for development & demonstration: up to €2.5M Grant
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Equity of up to €15M per company (€100M total budget for equity in 2019-2020 pilot phase)
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Also provides: Coaching, Mentoring, Networking & Community
The New EIC Accelerator 2021
The Main Criteria
Excellence
Technological feasibility (TRL 5/6 min); IPR; timing; degree of novelty.
Impact
scale-up potential; financial needs; market analysis including competitive
analysis; commercialization strategy; key partners, broader impact.
Implementation
Level of risk, implementation, and need for Union support: team, clear implementation plan; high investment risk; market risks assessed and mitigated
What are they looking for?
Disruptive Idea
Close to market stage
High growth potential
Across borders
Proven idea - with a prototype
Scalable
Stage 1: Pre-application Evaluation Process
Stage 2: Full-Proposal Evaluation Process
Stage 3: Interview Evaluation Process
Annual Budget - EIC Accelerator
Types of Investment Scenario
