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