Among the pilot projects of the European Innovation Council, there is the EIC Accelerator: a great funding opportunity to drive economic growth, dedicated to innovators, entrepreneurs, SMEs and high-level scientists. The EIC Accelerator offers economic support and acceleration services to high-risk SMEs for developing innovative products, services, and business models. The current pilot project is still valid… Continue reading EIC Accelerator: Funding Opportunities to Drive Economic Growth
Tag: EIC
Eligibility for EIC Accelerator: SMEs and Startups
Eligibility for EIC Accelerator: Can your startup/SME apply? Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the European Union. They are the driving disruptive mechanism for innovative solutions and a digital sustainable economy. Consequently, they are in front of the revolution to tackle challenges like climate change, resource efficiency, and social cohesion… Continue reading Eligibility for EIC Accelerator: SMEs and Startups
Benefits of Consulting for EIC Accelerator Proposal
.Every startup that needs funding and investment to develop its project has its best shot with the EIC accelerator. Benefits of consulting for EIC Accelerator proposal can enhance your chances. But let’s start from the basis: What is the EIC Accelerator? “The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and… Continue reading Benefits of Consulting for EIC Accelerator Proposal
Evaluation Criteria and the EIC
Now, let’s get down with the topic of this article instead: how does the EIC Accelerator deal with its evaluation criteria? Here’s the official document. After a quick search on the Net, you can easily find the blank form, but as you might imagine, filling it is not as easy as it looks. First and… Continue reading Evaluation Criteria and the EIC
EIC Accelerator’s Green Deal
The EIC Accelerator Challenges, including EIC Accelerator’s Green Deal, empowers startups as well as SMEs to scale impactful innovations, creating new markets in strategic sectors. It prioritizes “deep tech” innovations, which require patient capital due to significant funding needs for scientific or tech breakthroughs. Differing from the Accelerator Open – which finances innovations in every… Continue reading EIC Accelerator’s Green Deal
Horizon Europe’s Initial Funding Gap
The European Commission’s report highlights that Horizon Europe’s initial funding of €95.5 billion fell short by €34 billion to back high-quality proposals from 2021 to 2022. Of all the high-quality proposals, 71% did not receive funding. This demonstrates a slight improvement when compared to the previous framework program, Horizon 2020. In Horizon 2020, 74% of… Continue reading Horizon Europe’s Initial Funding Gap
Horizon Europe and Renewable Energy
Horizon Europe is the EU’s key funding program for research and innovation with a budget of €95.5 billion. It addresses climate change and contributes to achieving the UN’s Sustainable Development Goals while boosting the EU’s competitiveness and growth. The program, which facilitates collaboration and strengthens the impact of research and innovation in developing, supporting, and… Continue reading Horizon Europe and Renewable Energy
EIC Accelerator Process Update
Since its initial launch in March 2021, substantial advancements have occurred in implementing the European Innovation Council (EIC), building upon the prosperous pilot stage (2018-20). After the EIC Accelerator process update, startups have submitted over 4000 applications, and an initial 164 companies have been selected for funding. The EIC Pathfinder and Transition programmes have also… Continue reading EIC Accelerator Process Update
EIC Greenhouse Gas Programme
In addition to the coaching & training and access to corporates, investors and procurers, EIC-supported researchers, innovators and entrepreneurs have access to the EIC Greenhouse Gas programme. With the programme, part of the Business Acceleration Services, the EIC offers the support and expertise needed to assess, track and efficiently reduce the carbon footprint of beneficiaries. Additionally,… Continue reading EIC Greenhouse Gas Programme
Revised EIC: Methods and Strategies
FIn this fourth installment of the series, we delve into how the EIC Fund evaluates projects for equity investment within the Revised EIC: Methods and Strategies. The Valuation Methods Valuation methods may vary depending on the business models, markets and sectors, technology and other aspects to consider. While no standard practice exists, investors commonly employ certain methods, as outlined in the official documents,… Continue reading Revised EIC: Methods and Strategies