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- Reorganized funding program structure: moved standalone .md files into organized directories with PROGRAM_INFO.md and APPLICATION_SCOPE.md - Created budget files for selected priority programs: * EIC Accelerator: budget_breakdown.csv and budget_justification.md (€1.815M) * ZIM: budget_breakdown.csv and budget_justification.md (€465k) * DBU: budget_breakdown.csv and budget_justification.md (€152.5k) * LIFE Programme: budget_breakdown.csv and budget_justification.md (€1.815M) - Created team CV files for all selected programs (CV_Damir_Mukimov.md) - Added application documents structure: * funding/applications/budget/ - Master budget files and templates * funding/applications/team_cvs/ - Master CV and team expertise summary - Updated FUNDING_GAP_ANALYSIS.md to reflect completed documents - Added APPLICATION_REQUIREMENTS_REPORT.md with detailed requirements - Added PREPARATION_PRIORITY.md for application preparation workflow
6.8 KiB
6.8 KiB
EIC Accelerator
Program Type: Grant + Equity Investment
Focus: Breakthrough innovation for single startups/SMEs
Funding Amount: Up to €2.5M grant + optional equity up to €15M
Geographic Focus: EU member states and associated countries
Program Overview
The European Innovation Council (EIC) Accelerator supports individual startups and SMEs with breakthrough innovations that have the potential to create new markets or disrupt existing ones. The program provides a blended finance approach combining grant and equity funding.
Key Features
Funding Structure
- Grant Component: Up to €2.5M
- Equity Component: Optional up to €15M (through EIC Fund)
- Total Potential: €17.5M per company
- No repayment required for grant portion
Innovation Requirements
- Breakthrough innovation: High-risk, high-impact projects
- Market-creating potential: Opens new markets or radically transforms existing ones
- Technology Readiness Level (TRL): 5-8 (from prototype to market-ready)
- EU dimension: Activities in EU or associated countries
Applicant Profile
- Single SMEs: Individual companies (no consortia)
- EU-based: Registered in EU member state or associated country
- Innovation capacity: Strong technical and business teams
- Growth potential: Clear path to scale-up
Application Process
Stage 1: Short Application
- Format: Online submission
- Requirements:
- Company description and team
- Innovation description
- Market opportunity
- Go-to-market strategy
- Financial projections
- Pitch deck: Up to 10 slides in PDF format
- Video pitch: Up to 3 minutes featuring core team members
- Evaluation: 4 weeks
- Success Rate: ~10-15% advance to Stage 2
Stage 2: Full Application
- Format: Comprehensive business plan
- Requirements:
- Detailed technical description
- Full business plan with 5-year projections
- IP strategy
- Risk assessment and mitigation
- Updated pitch deck (15 pages max)
- Updated video pitch (3 minutes max)
- Ownership control declaration (for equity component)
- Evaluation: 4-6 months
- Success Rate: ~20-25% receive funding
Deadlines
- Continuous intake: Short applications can be submitted anytime
- Full applications: Periodic cut-off dates (check EIC website for 2026 dates)
- Evaluation timeline: 4-6 months from full application deadline
Eligibility Criteria
Company Requirements
- Legal entity: Registered company in EU or associated country
- Size: SME classification (<250 employees, <€50M turnover)
- Independence: Not controlled by non-SMEs
- Innovation focus: Breakthrough technology or business model
Project Requirements
- TRL 5-8: From prototype validation to market-ready product
- Market potential: €50M+ market opportunity
- EU competitiveness: Addresses European challenges or opportunities
- Sustainability: Positive environmental or social impact preferred
Team Requirements
- Technical expertise: Scientific or technical background relevant to innovation
- Business acumen: Entrepreneurial experience and market understanding
- Growth mindset: Capacity to scale rapidly
- Diversity: Balanced team composition
Budget Categories
Eligible Costs
- Personnel costs: Salaries, social security contributions
- Travel and subsistence: Business travel, conferences
- Equipment and infrastructure: Technical equipment, IT systems
- Subcontracting: Specialized services, testing, certification
- Other specific costs: Prototyping, IP protection, marketing
Ineligible Costs
- Debt servicing: Interest payments, loan repayments
- Land and buildings: Real estate purchases
- Operating losses: Normal business operations
- Marketing costs: General advertising and promotion
Success Factors
Innovation Excellence
- Technical breakthrough: Novel technology or approach
- Market disruption: Creates new market or radically transforms existing one
- Scalability: Clear path to significant market share
- IP protection: Strong intellectual property position
Business Excellence
- Market understanding: Deep customer insight and validation
- Competitive advantage: Sustainable differentiation
- Financial viability: Clear path to profitability
- Team capability: Experience and track record
Impact Excellence
- Economic impact: Job creation, revenue generation
- Societal impact: Addresses major challenges
- Environmental impact: Positive sustainability outcomes
- EU strategic alignment: Supports European priorities
Post-Funding Support
Business Acceleration Services
- Mentorship: Access to experienced entrepreneurs and investors
- Training: Business development and scaling workshops
- Networking: Connection to ecosystem partners and customers
- Investor relations: Support for follow-on funding rounds
Monitoring and Reporting
- Progress reporting: Quarterly technical and financial updates
- Milestone tracking: Achievement of agreed objectives
- Risk management: Proactive issue identification and resolution
- Performance evaluation: Impact assessment and success metrics
Application Tips
Preparation Phase
- Market validation: Customer interviews, prototype testing
- Financial modeling: Realistic revenue projections and cost structures
- IP strategy: Patent filing and protection strategy
- Team building: Key hires and advisory board formation
Application Phase
- Compelling story: Clear value proposition and market opportunity
- Technical credibility: Demonstrated innovation and expertise
- Business viability: Realistic financial projections and go-to-market strategy
- Impact demonstration: Quantified environmental and social benefits
Pitch Deck Essentials
- Problem-solution fit: Clear problem definition and innovative solution
- Market opportunity: Size, growth, and competitive landscape
- Technology advantage: Technical differentiation and barriers to entry
- Business model: Revenue streams and path to profitability
- Team capability: Experience and complementary skills
- Financial projections: Realistic growth trajectory and funding requirements
Contact Information
- Website: EIC Accelerator
- Application Portal: Funding & Tenders Portal
- Support: National contact points and EIC advisors
- Events: Regular webinars and information sessions
Related Programs
- EIC Pathfinder: For breakthrough technologies (TRL 1-4)
- EIC Transition: For innovation development (TRL 4-5)
- Horizon Europe: Broader EU research and innovation funding
- National programs: Country-specific startup funding
Last updated: November 2025