Update on EIC Accelerator Implementation Process

CZELO

The cut-off for EIC Accelerator is moved to spring 2022 due to an ongoing adjustment of the investment component of project financ

Since its successful pilot stage in 2018-2020, the European Innovation Council (EIC) has registered significant progress. Since its official launch in March 2021, over 4 000 start-ups have applied and the first set of 164 companies have been selected for funding. One of the main novelties is the combination of grant and investment support through the EIC Accelerator.

The requests for investments for companies already selected for equity funding in 2021 (June and October cut-offs) will continue to be treated by providing the grant finance and undertaking all the preparatory work for capital investment. The next cut-off for full applications to the EIC Accelerator is now planned this spring, subject to the adoption of the EIC work programme 2022 which is expected in the coming weeks.

Find more information on the EIC website.