Transition Open 2024
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
Your proposed activities must include further technology development on the results achieved in a previous project and follow user-centric methodologies to increase chances of the innovation’s future success in the market. EIC Transition projects should address, in a balanced way, both technology and market/business development, possibly including iterative learning processes based on early customer or user feedback.
These activities should include, subject to the level of maturity of the technology, a suitable mix of technology development and validation activities to increase the maturity of the technology beyond proof of concept to viable demonstrators of the technology in the intended field of application (i.e., from TRL 4 up to Technology Readiness Level 5 to 6).
The activities must in all cases address market readiness towards commercialisation and deployment (market research, value proposition, business case and business model, prospects for growth, intellectual property protection, competitor analysis etc.) and aspects of regulation, certification and standardisation (if relevant), aimed at getting both the technology and the business idea investment ready.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
The funding rate of this grant will be 100% of the eligible costs.
EU contribution as appropriate: between €500.000 and €2.500.000
The projects funded through EIC Transition are eligible to receive EIC Booster grants up to €50.000 to undertake complementary activities to explore potential pathways to commercialisation or for portfolio activities Annex 5 to submit an EIC Accelerator proposal.
In addition to funding, projects will receive tailor-made access to a wide range of Business Acceleration Services and matchmaking events.
Eligibility For Participation Notes
You can apply for EIC Transition either as:
- A single legal entity established in a Member State or an Associated Country (‘mono-beneficiary’), if you are a start-up, SME or research performing organisation (university, research or technology organisation, including teams, individual Principal Investigators and inventors in such institutions who intend to form a spin-off company).
- Larger companies (i.e. which do not qualify as SMEs) are not eligible to apply as a single legal entity.
- A small consortium of two independent legal entities from two different Member States or Associated Countries
- A consortium of minimum three and maximum five independent legal entities (‘multi-beneficiary’) following standard rules i.e. must include at least one legal entity established in a Member State and at least two other independent legal entities, each established in different Member States or Associated Countries.
- The legal entities may for example be a start-up, an SME or research performing organisation (university, research or technology organisation, including teams, individual Principal Investigators and inventors in such institutions who intend to form a spinout company).
The standard admissibility, eligibility conditions and the eligibility of applicants from third countries are presented in Annex 2 of the EIC Work Programme 2024.
Programme Category
EU Competitive ProgrammesTotal Budget
€94.000.000Thematic Categories
- New Entrepreneurship
- Research, Technological Development and Innovation
- Small-Medium Enterprises and Competitiveness
Eligibility for Participation
- Educational Institutions
- Large Enterprises
- Legal Entities
- Other Beneficiaries
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
Call Opening Date
18/04/2024Call Closing Date
18/09/2024National Contact Point(s)
Research and Innovation Foundation
Address: 29a Andrea Michalakopoulou, 1075 Nicosia, P.B. 23422, 1683 Nicosia
Telephone: +357 22205000
Fax: +357 22205001
Email: support@research.org.cy
Website: https://www.research.org.cy/en/
Contact Persons:
George Christou
Scientific Officer
Email: gchristou@research.org.cy
Nedi Kaffa
Scientific Officer
Email: nkaffa@research.org.cy
EU Contact Point
Research Enquiry Service: https://ec.europa.eu/info/research-and-innovation/contact/research-enquiry-service_en