EIT Cross-KIC Strategic Access to Finance
Summary
The European Institute of Innovation and Technology (EIT) is an independent EU body. We increase Europe’s ability to innovate by nurturing entrepreneurial talent and supporting new ideas.
The mission is to:
- Increase Europe’s competitiveness, its sustainable economic growth and job creation by promoting and strengthening cooperation among leading business, education and research organisations.
- Power innovation and entrepreneurship in Europe by creating environments for creative and innovative thoughts to thrive.
Programme Name
Programme Description
Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.
Call
Detailed Call Description
Scope:
- Facilitation of financial and non-financial support to KIC supported ventures (startups / scaleups) to accelerate their growth.
- Develop a pipeline of innovative innovation projects and ventures (startups / scaleups) supported by the EIT Community that can benefit from EIC, EIB and EIF support.
- Development of capacity and expertise available to the whole EIT Community in accessing EIB, EIF and EIC support, including in the context of the EIT Regional Innovation Scheme countries and women led ventures (startups / scaleups).
- Development and support of other synergies between the EIT community and EIC, EIF, EIB, in the context for example of the EIT-EIF MOU signed in Sep 2021 (Education, RIS, financial instruments, common investors events) and the EIT-EIC MOU signed in Jan 2021.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
Described in Chapters 7 and 8 – Invitation to submit proposals for KIC Business Plans 2023-2025 (2023-2024 in case of first wave KICs), for the Cross-KIC activities 2023-2025, and for the Higher Education Institutions (HEI) initiative 2023-2025.
Eligibility For Participation Notes
In accordance with the Horizon Europe Work Programme 2021-2022 10 and the Draft EIT Single Programming Document 2023-2025, in order to be eligible for funding, the applicants must be established in one of the eligible countries, i.e.:
- the Member States (MS) of the European Union (EU) including their outermost regions
- the Overseas Countries and Territories (OCTs) linked to the Member States
- eligible non-EU countries:
- Countries associated to Horizon Europe
- Certain low- and middle-income countries
Legal entities, which are established in countries not listed above will be eligible for funding when their participation is considered essential for implementing the action by the EIT.
Programme Category
EU Competitive ProgrammesTotal Budget
For 2023: €905,000,000. The amount each year changes.Thematic Categories
- Education and training
- New Entrepreneurship
- Small-Medium Enterprises and Competitiveness
Eligibility for Participation
- Financial Institutions
- Investment Funds
- NGOs
- Non Profit Organisations
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
Call Opening Date
01/06/2022Call Closing Date
28/09/2022National Contact Point(s)
Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia
P.O.Box 23422, 1683 Nicosia
Telephone: +357 22205000
Email Address: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
Mr. Marinos Photiades
Scientific Officer
Telephone: +357 22205048
Contact Email: mphotiades@research.org.cy
Dr Charalambos Papatryfonos
Scientific Officer
Telephone: +357 22205016
Contact Email: cpapatryfonos@research.org.cy
(Publish Date: 09/06/2021-for internal use only)
EU Contact Point
Applicants are invited to send in any questions they might have on the EIT Call for Proposals until 3 February 2022 via the following functional mailbox: EIT-KICs-Call-2021@eit.europa.eu.