A SME is a Small and Medium Enterprises: below 250 employees and below 50M€ turnover and/or below 43Me balance sheet.
EIC Accelerator How does it work
The EIC Accelerator in a nutshell
Up to 2,5M€ equity free grant and up to 15M€ equity to support the scale up of your innovative project
Phase1 Short Application
The short application will consist of: 5 pages qustionnaire, 10 slides pitch deck and 3 minutes video pitch deck. Within 40 days you will receive a go, no-go decision for Phase 2.
Phase 2 - EIC full application submission
The full application will enclose description of your tehcnology, market analysis, financial information and a work plan. The proposal will be remotely evaluated and if all evaluation criteria will be succesfull, you will be invited for the F2F interview in phase 3.
Phase 3 Face to face interview
If your EIC full proposal will pass all threshold criteria, you will be invited for F2F interview with EIC Jury panel (according to budget constraints of the call). The interview will last no longer than 40 minutes, and includes: 10 minutes presentation, 30 minutes Q&A.
Phse 4 - Grant agreement
If your proposal is recommended for funding, you will be invited to negotiate and then sign an initial contract that will initially provide for the grant component.
