EIC Accelerator

Up to €2.5 million as a grant
and up to 15 million as an equity for innovation

EIC Accelerator is a European Commission programme for the most innovative SMEs.

The aim of the EIC Accelerator is to transform disruptive ideas into concrete, innovative solutions with a European and global impact.

Any SME from a European Union member state or selected associated countries may apply

Companies can receive funding of up to €2.5 million as a grant, up to 15 million as an equity and business coaching

Funding is given to the most innovative companies and the best prepared projects.

Funding options:

Grant only

For companies that need financial support only to finalise innovation activities and that secured funding for the commercialization stage.

Grant + Equity

For companies that need financial support for both: to finalise the innovation activities and for the commercialization stage.

Requirements

  • A small or medium company, may employ up to 250 people with a maximum annual turnover of € 50 million.
  • A small mid-cap company, may employ up to 500 people – eligible for equity only.
  • The full definition of SME provided by the European Commission is available at:

https://ec.europa.eu/regional_policy/sources/conferences/state-aid/sme/smedefinitionguide_en.pdf

2021-2027 EIC Accelerator

Funding

The European Innovation Council (EIC) Accelerator offers funding in the form of a grant or blended finance (a mix of grant and equity investment)

GRANT funding up to
2,5M€per project
  • Up to 24 months
  • 70% funding as a grant
  • Demonstration activities: testing, prototyping, design, scaling-up, miniaturization and pilot actions.
  • Preparation for commercialisation.
  • Communication activities.
  • TRL 6 - TRL 8 activities
EQUITY funding up to
15M€per project
  • No specific timing
  • Equity funding
  • Preparation for market introduction.
  • Commercialisation.
  • TRL 9 activities
BUSINESS ACCELERATION
no fundingper project
  • Time adjusted individually
  • No direct funding
  • Support is provided through assistance in accessing to venture capital and other EU financial instruments and innovation support
  • Free business coaching
  • Participation in events

We´re happy to help, just send an email to hello@getzafiro.com, and we will get back to you shortly.

Deadlines 2021

Submission of Full Applications:

June 9th

October 6th

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