EIC Accelerator Open – 2022
Summary
The EIC aims to identify and support breakthrough technologies and game changing innovations to create new markets and scale up internationally and it has been established under the EU Horizon Europe Programme.
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
The EIC Accelerator focuses in particular on innovations, building on scientific discovery or technological breakthroughs (‘deep tech’) and where significant funding is needed over a long timeframe before returns can be generated (‘patient capital’). Funding and support from the EIC Accelerator is designed to enable such innovators to attract the full investment amounts needed for scale up in a shorter timeframe.
The EIC Accelerator supports the later stages of technology development as well as scale up. The technology component of your innovation must therefore have been tested and validated in a laboratory or other relevant environment (e.g. at least Technology Readiness Level 5/6 or higher and have fully completed Technology Readiness Level 4). The EIC Accelerator looks to support companies where the EIC support will act as a catalyst to crowd in other investors necessary for the scale up of the innovation.
EIC Accelerator Open, which has no predefined thematic priorities and is open to proposals in any field of technology or application.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
For a grant component the eligible costs are reimbursed up to a maximum of 70%.
The EIC Accelerator provides blended finance (Innovation and Market Deployment Action) which is composed of:
- An investment component usually in the form of direct equity or quasi-equity such as convertible loans. The minimum investment component is €0,5 million and the maximum is €15 million.
- A grant component to reimburse eligible costs incurred for innovation activities, including demonstration of the technology in the relevant environment, prototyping and system level demonstration, R&D and testing required to meet regulatory and standardisation requirements, intellectual property management, and marketing approval (e.g. at least TRL 5/648 to 8). The grant component should normally not exceed €2,5 million.
Programme Category
EU Competitive ProgrammesTotal Budget
€1,167,846,081Thematic Categories
- Research, Technological Development and Innovation
- Small-Medium Enterprises and Competitiveness
Eligibility for Participation
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
Call Opening Date
10/02/2022Call Closing Date
23/03/2022National Contact Point(s)
Research and Innovation Foundation
29a Andrea Michalakopoulou, 1075 Nicosia
P.O.Box 23422, 1683 Nicosia
Phone Number: +357 22205000
Email Address: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
Ms Katerina Karakasidou
Scientific Officer
Contact Phone: +357 22 205 036
Contact Email: kkarakasidou@research.org.cy
Dr Kalypso Sepou
Head of European Programmes Department
Contact Phone: +357 22 205066
Contact Email: kalypso@research.org.cy
(Publish Date: 10/02/2022-for internal use only)
EU Contact Point
Research Enquiry Service: https://ec.europa.eu/info/research-and-innovation/contact/research-enquiry-service_en