Apply for EIC Accelerator (Former SME Instrument)
The EIC Accelerator programme under Horizon Europe is the leading funding instrument for European Deep Tech innovation champions!
It supports startups and high-risk and high-potential SMEs which are willing to develop and commercialise new products, services and business models that drive economic growth and shape new markets or disrupt existing ones in Europe and worldwide.
EIC Accelerator is open to innovations in any field of technology and supports the later stages of technology development (>TRL5) as well as scale up.
Grant funding of up to €2.5 million and equity investment of up to €15 million are available to support the development and scaling-up of European high risk innovations!
In addition, they are offered business coaching and mentoring to scale up their innovation idea and get extra acceleration services to connect with investors, corporates and likeminded entrepreneurs.
EIC Accelerator is a very popular funding programme with an increased number of applicants. Therefore, to increase the success rate, a new application process is arranged according to 3 main stages with “Go/No Go” evaluations from each stage:
- Short proposal (incl. 5-pages, 3 min video & pitch-deck) which is continually evaluated.
- Full proposal (if short proposal is favorurable) including detailed information and a business plan
- Face-to-face interview.
Early February 2022, the cut-off dates for 2022 are expected to be announced.
Can Highly Recommend Nordic Innovators
Working with Nordic Innovators has been a great pleasure and experience. They are a highly professional and capable team! Applying for a Horizon 2020 programme was like a jungle of opportunities with extreme competition. In theory, you can do it yourself, but in practice, you need professional support to succeed. We chose the right partner! Bjørnar Torsnes, CEO and Founder of CodeIT AS.