
EIC Accelerator - SME Instrument
European Commission’s 9th framework - Horizon Europe - Main channels:
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Excellent Science
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Industrial Leadership
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Social Challenges
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Submission by pre-defined calls
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Evaluation by independent specialists
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No IP restriction
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New: blended finance - Equity investment
Horizon Europe - Missions
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Adaptation to climate change including societal transformation
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Battling cancer
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Climate-neautral and smart cities
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Healthy oceans, seas, coastal and inland water
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Soil health and food
Horizon Europe - Info
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Submission by pre-defined calls
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Evaluation by independent specialists
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No IP restriction
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New: blended finance - Equity investment
Horizon Europe
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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
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Also provides: Coaching, Mentoring, Networking & Community
The EIC Accelerator
The Main Criteria

Excellence
The WOW effect
Focus on innovation
Stage of development (TRL)
Differentiation factors

Impact
Demand and willingness to pay
Competitiveness
Growth potential (revenue, P&L, etc.)
Commercialization plan
European dimension

Implementation
Company (R&D capabilities, Finance, Infrastructure)
The leading team
Work packages
Management scheme
What are they looking for?

Disruptive Idea

Close to market stage

High growth potential

Across borders

Proven idea - with a prototype

Scalable
The EIC Accelerator Evaluation Process

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EIC has a community of trusted VCs and investors
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EIB (European Investment Bank) acts as an investment advisor
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Due Diligence process focuses mainly on evaluating compliance and risk, Investment amount and structure, financial effort, business strategy & value creation
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Investment Advisor will be involved in the negotiation process and will do follow-ups afterward
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The company has the final say
Blended Finance - Equity Investment
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Due Diligence will be performed with the company's consent
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The EIC target minority ownerships stakes (10-25%)
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Will avoid holding majority stakes and control
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4 types of investment scenarios
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Different Methods for the valuation: Multiples of Earnings, Fair Market Value, Book Value, Discounted Cash Flow, etc
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Various investment approaches: Common shares, Preferred shares, Convertible shares, etc
Due Diligence & Investment Structure
Annual Budget - EIC Accelerator

Evaluation Process

Types of Investment Scenario

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