Publication date: January 1, 2021 Deadline: April 1, 2021
Maximizing impact of the EU Funds for the Balkans’ economy
Cut-off dates 01. April, 01. June and 01. October 2021
Grant only between €0.5 million and €2.5 million (funding rate 70%)
Under the blended finance option, the grant component is limited to €2.5 million combined with an equity component of up to €15 million.
Eligible applicants: Innovative SMEs
Guidelines for Applicants
The EIC Accelerator supports top-class innovators, entrepreneurs, small companies and scientists with funding opportunities and acceleration services. The EIC Accelerator supports high-risk, high-potential small and medium-sized enterprises and innovators to help them develop and bring onto the market new innovative products, services and business models that could drive economic growth. Selected companies receive funding and optional equity and are offered business coaching and mentoring to scale up their innovation idea. They get extra acceleration services to connect with investors, corporates and likeminded entrepreneurs.
Highly recommended to SMEs, and in exceptional cases small mid- caps, although not mandatory, EIC business acceleration services in support of Pathfinder and Accelerator activities and actions. The aim is to connect the EIC Community of funded innovators, including funded Seal of Excellence, to investors, partners and public buyers. It will provide a range of coaching and mentoring services to EIC actions. It will provide innovators with access to international networks of potential partners, including industrial ones, to complement a value chain or develop market opportunities, and find investors and other sources of private or corporate finance.
- Who can apply? For-profit SMEs, including young companies and start-ups, from any sector.
- What topics are covered? There are no set topics. Negative impacts on climate and the environment shall be avoided.
- How does it work? The EIC Accelerator provides full-cycle business innovation support.
- From concept to market Activities could, for example, include product/service development, trials, prototyping, validation, demonstration and testing in real-world conditions, and market replication.