EIC Accelerator was formed to help companies and organizations to develop a business concept and to implement it in the market 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,
2020 Program Budget:
2020 program budget is €654M and will be allocated in 4 cycles
Program Submission Deadlines:
08 January 2020 - grant only or blended finance
18 March 2020 - grant only or blended finance
19 May 2020 - grant only or blended finance
07 October 2020 - grant only or blended finance
Between € 0.5 - € 2.5 million in the form of grants
70% funding rate + 25% overhead (~87.5%).
12 to 24 months of project duration
Blended finance - optional investment in equity in addition to the grant, The maximum of investment in the form of equity is € 15 million in addition to the €2.5M Grant
Equally 33% score on Impact, Excellence, Implementation compare to 50% impact 25% on Excellence, Implementation on the old program
2 steps evaluation process:
1. Remotely by 4 independent evaluators
2. face-to-face interviews conducted in Brussels.