EIC Accelerator

EIC Accelerator is dedicated to: Start-ups and SMEs seeking to scale up high impact; innovations with the potential to create new markets or disrupt existing ones Innovations building on scientific discovery or technological breakthroughs (‘deep tech’); Innovations where significant funding is needed over a long timeframe and are too risky for private investors alone.

 

Who can apply?

Single company classified as SME (or “small mid-cap” – up to 500 employees – for investment component only) established in EU Member State (MS) or Associated Country (AC) One or more natural persons or legal entities – intending to establish an SME or a small mid-cap in a MS/AC by the time of signing the contract – intending to invest in an SME or small mid-cap in a MS/AC, who may submit the proposal on behalf of that SME or small mid-cap and who have a prior agreement with the company. Contract only with beneficiary company! – from a (non-AC) third country, intending to establish or relocate an SME to a MS or AC by the time of submitting a full application. Company most prove effective establishment. Union interest needs to be met.

EIC Accelerator Open 2024

EIC Accelerator Open has no predefined thematic priorities and is open to proposals in any field of technology or application.

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 Technology Readiness Level 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.

The EIC Accelerator focuses 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’). Such innovations often struggle to attract financing because the risks and time period involved are too high. Funding and support from the EIC Accelerator is designed to enable such innovators to attract the full investment amounts needed for scale up in a shorter timeframe.

 

EIC Accelerator Challenges 2024

Human Centric Generative AI made in Europe – Indicative Budget: EUR 50 million

To foster a human-centric approach to AI and develop models that embody EU values.

The aim of this Challenge is to foster a European, human-centric approach to AI, tackling prevalent issues like transparency deficit and trust inadequacy. European AI start-ups have the potential to develop the next generation of generative AI models that embody EU values and guarantee Europe’s sovereignty in this critical field. See work programme page 79

Enabling virtual worlds and augmented interaction in high-impact applications to support the realisation of Industry 5.0  – Indicative Budget: EUR 50 million

To enable the use of high fidelity virtual worlds in high-impact markets and applications promoting Industry 5.0 principles of sustainability, human-centric, and resilience by scaling up cutting-edge innovations for platforms, middleware, tools, and devices.

The specific objective of the Challenge is to support the development and deployment of advanced virtual worlds technology solutions for industry which are human centric, sustainable, and resilient in their design and/or user contexts. See work programme page 82

Enabling the smart edge and quantum technology components-Indicative Budget: EUR 50 million –

To promote the development of novel semiconductor components and integrated smart systems for next-generation edge devices with significant impact. 

The objective of this Challenge is to promote the development of novel semiconductor components and integrated smart systems for next-generation edge devices with significant impact. The proposals should focus on development of smart integrated devices where the competitive advantage may lie in the system approach or in one of the key components or technologies. See work programme page 84

Food from precision fermentation and algae – Indicative Budget: EUR 50 million-

To support the production of food from precision fermentation and algae that decouples food production from the soil and environmental conditions.

In support of the EU Soil Mission, the EU Green Deal, Farm to Fork strategy, Fit for 55 and REPowerEU policy actions, the key goal of this Challenge is to support the production of sustainable and nutritious food from precision fermentation and algae. Innovations must go beyond incremental changes to the state of the art and deliver novel production processes that must deliver energy and resource efficient, low emission foods that are integral to a healthy diet.  – See work programme page 90

Monoclonal antibody-based therapeutics for new variants of emerging viruses – Indicative Budget: EUR 50 million

To support the development of strategic approaches leading to broad spectrum mAbs-based therapeutics against new variants of emerging pathogens of high concern.

This Challenge aims to enhance the EU’s response to future pandemics. It will provide solutions that can complement efforts to deliver rapid detection and analysis of virus variants, in coordination with relevant international systems and networks (such as the HERA incubator) and will ensure that the development of new antiviral treatments target the variants of highest concern. It will also help develop a platform of approaches that can ensure efficacy of future treatment in the event that new variants of high concern exhibit decreased susceptibility to current mAbs.  See work programme page 92

Renewable energy sources and their whole value chain  Indicative Budget: EUR 50 million

To scale-up different RES and their supply chain to limit the EU’s significant dependency on imports of components including critical raw materials.

This challenge aims at scaling-up different RES and their supply chain to limit the EU’s significant dependency on imports of components including CRM to ultimately increase the EU’s energy strategic autonomy in the energy sector. This challenge contributes to the objectives of both Net-zero industry and Critical raw materials acts and to the EU’s open strategic autonomy. See work programme page 93