EIC Accelerator - SME Instrument
EIC main instruments and characteristics
Goal: Bridge the gap between innovation and market take-up
Tailor-made investment that fits the needs of the company and of the project
Grant for development & demonstration: up to €2.5M Grant
Equity of up to €15M per company (€100M total budget for equity in 2019-2020 pilot phase)
Also provides: Coaching, Mentoring, Networking & Community
The New EIC Accelerator 2021
The Main Criteria
Technological feasibility (TRL 5/6 min); IPR; timing; degree of novelty.
scale-up potential; financial needs; market analysis including competitive
analysis; commercialization strategy; key partners, broader impact.
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?
Close to market stage
High growth potential
Proven idea - with a prototype