Horizon Europe EIC Accelerator
The EIC Accelerator (previously known as SME Instrument Phase 2) is part of the European Innovation Council pilot Work Programme that supports top-class innovative entrepreneurs, specifically SMEs.
Deadlines: For full proposal: 9 June 2021 and 6 October 2021
Project duration: 2 years
Consortium: Single SME as applicant, including young companies and start-ups, from any sector established in EU Member States or Horizon 2020 associated countries.
Scope: The EIC Accelerator helps you develop your business concept further into a market-ready product, service or process aligned with your company’s growth strategy. Activities could, for example, include trials, prototyping, validation, demonstration and testing in real-world conditions, and market replication. If the activity concerns a primarily technological innovation, a Technology Readiness Level (TRL) of 6 or above is envisaged. You can subcontract work essential for your innovation project.
We are awaiting further information regarding the subsidy amount and budget for the EIC Accelerator programme.
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About European innovation council (EIC) and Accelerator
The EIC Accelerator supports high-risk, high-potential SMEs and innovators to help them develop and bring onto the market new innovative products, services and business models that could drive economic growth.
Selected companies receive funding and optional equity and are offered business coaching and mentoring to scale up their innovation idea. They get extra acceleration services to connect with investors, corporates and likeminded entrepreneurs.
As an EIC Accelerator client, you will gain visibility and boost your chances of success in European and international markets.
The application for EIC Accelerator starts with submitting a full proposal, the highest ranked proposals will be invited to a pitch presentation and Q&A session in Brussels before a jury.
Visit the EIC website for more information
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