Programme Category
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.
Identifier Code
Call
Summary
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’).
- The “EIC AI Platform”, on which stakeholders developed and submitted their proposals for the Program in question, ceases to be active, with immediate effect.
Submission of new proposals to Step 1 of the EIC Accelerator Program is currently suspended. The submission will be available again in early July 2023, in a new EISMEA online tool. - The scheduled closing date of Step 2 of 7 June 2023 has been postponed to 21 June 2023 at 17.00 (Brussels time). Proposals will be submitted to the Funding & Tenders Portal in a revised simplified form, which will be posted on the relevant page immediately. Companies that have already started preparation will receive relevant information within the next few days.
- The Frequently Asked Questions document has been revised to include information about emergency settings.
Deadline dates:
11 January 2023
22 March 2023
21 June 2023
04 October 2023
Detailed Call Description
The EIC Accelerator Open has no predefined thematic priorities and is open to proposals in any field of technology or application.
The EIC Accelerator supports companies (principally SMEs, including start-ups and spin-outs) to scale up high impact innovations with the potential to create new markets or disrupt existing ones.
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 TRL 5 or higher). 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.
Call Total Budget
Financing percentage by EU or other bodies / Level of Subsidy or Loan
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 €500 000 and the maximum is €15 000 000.
- 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 to 8). The grant component should normally not exceed €2 500 000.
The funding rate of the grant component will be 70% of the eligible costs. The remaining 30% of the costs for these activities and the costs incurred for the commercial introduction of the product or service and full scale up operations will not be reimbursed by the grant (e.g. Technology Readiness Level 9 or above).
The innovation activities should normally be completed within 24 months but may be longer in well justified cases. The proposed duration should genuinely reflect your current TRL and the nature of the technology to be developed and demonstrated.
Thematic Categories
- New Entrepreneurship
- Research, Technological Development and Innovation
- Small-Medium Enterprises and Competitiveness
Eligibility for Participation
- Investment Funds
- Large Enterprises
- Researchers/Research Centers/Institutions
- Small and Medium Enterprises (SMEs)
- State-owned Enterprises
Eligibility For Participation Notes
For the EIC Accelerator, you must apply as one of the following eligible entities:
- A single company classified as a SME and established within a Member State or an Associated Country or;
- A single company classified as a small mid-cap (up to 499 employees) established in a Member State or an Associated Country, but the proposal can only be for exceptional cases for rapid scale up purposes; or
- One or more natural persons (including individual entrepreneurs) or legal entities, which are either:
- from a Member State or an Associated Country intending to establish an SME or small mid-cap (as defined above) in a Member State or Associated Country by the time of signing the EIC Accelerator contract or, in case the equity only is awarded, at the latest when agreeing on its investment component;
- Intending to invest in an SME or small mid-cap in a Member State or an Associated Country and who may submit a proposal on behalf of that SME or small mid-cap, provided that a prior agreement exist with the company. The contract will be signed with the beneficiary company only; or
- from a non-associated third country intending to establish an SME (including start-ups) or to relocate an existing SME to a Member State or an Associated Country. Your company must prove its effective establishment in a Member State or an Associated Country at the time of submission of the full proposal.
Call Opening Date
Call Closing Date
National Contact Point(s)
Research and Innovation Foundation
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
(Publish Date: 17/01/2023-for internal use only)