EIC Accelerator Pilot

Provides 0.5 - 15M € in subsidies for research, development, demonstration, and test within:

About EIC Accelerator Pilot

The EIC Accelerator Pilot is part of Horizon 2020 - EU's framework programme for innovation and research. The EIC Accelerator Pilot offers excellent opportunities for start-ups and SMEs withbreakthrough market-creating innovations including radically new products, services, processes or business models.

Possibilities under the EIC Accelerator Pilot

The EIC Accelerator Pilot helps you develop your business concept further into a market-ready product, service or process aligned with your company's growth strategy. The EIC Accelerator Pilot is for innovation projects that are supported by a sound and strategic business plan aimed at commercialisation. The programme is fully ‘bottom-up’, which means your project is not required to fall under any specific themes..

EIC Accelerator Pilot – Grant Only or Blended Finance

The programme has a total budget of EUR 1 billion (2019/2020), of which EUR 100 million will be available as equity financing. Applicants have two options for funding:

Grant Only: Grant (EUR 0,5M-2,5M)

Grant Only support is for SMEs in need of one last push before the scaling-up phase.

  • Activities could, for example, include product/service development, trials, prototyping, validation, demonstration and testing in real-world conditions.

Blended Finance: Grant (EUR 0,5M-2,5M) + Equity Funding (up to EUR 15M)

Blended Finance combines grant and equity for SMEs who also need extra support for commercialisation activities

  • Activities could include product/ service development, trials, prototyping, validation, demonstration and testing in real-world conditions, as well as market replication and commercialisation activities.

The EIC Accelerator Pilot application process

In both cases, the company submits a written project proposal. If the evaluators deem your project fundable, you will be invited to pitch your proposal in Brussels. For the equity, additional due diligence will be undertaken before receiving the investment. You can see the deadlines for the EIC Accelerator Pilot below. 

2019

  • October 9

2020

  • January 8
  • March 18
  • May 19
  • October 7

Requirements for participation in the EIC Accelerator Pilot

The applicant must be an SME under the EU definition:

  • Fewer than 250 employees
  • An annual turnover not exceeding EUR 50M, and/or an annual balance sheet total not exceeding EUR 43M

How to calculate your SME data depends on the ownership structure of your company. Read more about the EU SME definition here.

 

 

Upcoming deadlines

Below are the upcoming deadlines for EIC Accelerator Pilot. Expect 1-2 months for the proposal writing process.

09
oct
2019

The Horizon 2020 EIC Accelerator Pilot - Grant Only or Blended Finance - helps you develop your business concept further into a market-ready product or service, aligned with your company's growth strategy. Activities could include trials, prototyping, validation, demonstration and testing in real-world conditions, and market replication. 

Can your project get funding from EIC Accelerator Pilot?

TechFunding can help you determine if funding from EIC Accelerator Pilot is the right way to go. Contact us to discuss your possibilities.

Can your project get funding?

We are specialised in helping companies win public funding. Tell us a little bit about your project and we will help you identify the funding potential.

Tell us about your project

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We help you succeed

We help companies obtain public funding by converting good projects to well-prepared applications.

Our services cover the entire application process:

Identifying funding opportunities
We identifying your best funding opportunities
Planning and scoping your project
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Writing the successful application
We write the application that increases your chance of success