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The EIC Fund is new feature of the EIC, introduced in 2020 under the Pilot phase. The EIC Fund provides in the form of equity from €0.5 million to €15 million the investment component awarded under the EIC Accelerator to selected breakthrough innovation companies. The EIC Fund is a unique entity
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The EIC pilot phase was launched in 2018, incorporating existing instruments under the
Horizon 2020 programme, in particular the SME instrument and Future & Emerging Technology (FET) programme. These funding schemes were brought together in single work programme to provide direct support to
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The EIC Pathfinder programme supports the research of ideas for radically new technologies. Applicants participating in EIC Pathfinder projects are typically scientists, entrepreneurial researchers and, research organisations, start-ups, high-tech SMEs and industrial stakeholders interested in
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The EIC Accelerator covers all areas of technology, with the goal to support the development and effective deployment of any
European innovation benefiting Europeans, economically or socially. It is the first instrument developed on the idea that Europe needs to ascertain its "sovereignty" or
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A number of influential innovators are chosen as EIC Ambassadors to speak about the EIC and its impacts and developments in local, national, and
European media, and to support the improvement of the EIC with their insights and feedback. There are currently 33 EIC Ambassadors for 2021–2027:
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in mid-2015. The EIC has a budget of €10.1 billion to support innovations throughout the lifecycle from early stage research, to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs.
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bring their innovations to market by providing funding, networking and partnership opportunities, and business acceleration services. In its latest form, the concept has been put forth by the EU Research
Commissioner
315:(SMEs), in particular start-ups and spinout companies to develop and scale up game-changing innovations, from TRL5 to market deployment and scale-up. In some cases small mid-caps (up to 500 employees) are supported.
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Over 5,700 startups and SMEs, who have raised over €5 billion in follow up investments (3 euro for every euro from the EU budget) and on average, more than doubled the number of employees in a 2-year period.
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Provides patient capital in the form of equity or quasi-equity (which may also be blended with a grant component) to SMEs and start-ups selected through the highly competitive and rigorous EIC Accelerator.
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Over 430 projects on Future and
Emerging Technologies, involving over 2,700 partners. These projects have generated over 3000 peer reviewed scientific articles, over 600 innovations, and over 100 patents.
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Bridges the funding gap for start-ups with seed capital to series B financing, where market entry is at most in a pilot phase to prepare the scaling up of breakthrough
European innovations.
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Building on technologies generated by
Pathfinder, the EIC Transition funds innovation activities that go beyond the experimental proof of principle in laboratory to supports both:
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Aims to crowd in other investors, further sharing risks by building a large network of capital providers and strategic partners suitable for co-investments and follow on funding
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In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.
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Grants of up to €2.5 million and more are available to validate and demonstrate technology in application-relevant environment and develop market readiness.
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technological research and innovation. Grants of up to €3–4 million support early stage development of future technologies up to proof of concept.
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an investments (usually direct equity investments) of up to €15 million managed by the EIC Fund for market deployment and scale up (TRL9 onwards)
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and is incorporated within the
European Innovation Council and SMEs Executive Agency (EISMEA). Its goal is to aid researchers, start-ups and
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the development of a business case and (business) model towards the innovation's future commercialisation.
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the maturation and validation of novel technology in the lab and in relevant application environments
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grant funding (non-dilutive) of up to €2.5 million for innovation development costs (TRL5 to 8);
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The EIC Accelerator provides substantial financial support, with a combination of:
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to support the commercialization of high-risk, high-impact technologies in the
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Stavriana A. Kofteros, Vice Chair of the Research & Innovation Foundation
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Cristian Dascalu, founder or co-founder of several businesses and projects
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The EIC pilot phase, together with the existing instruments, supported:
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Directorate-General of the Joint Research Centre (European Commission)
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Alexandru Müller, Head of the Microwave Laboratory with IMT-Bucharest
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662:"Exclusive: EU moves toward European Innovation Council pilot plan"
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Dermot Diamond, Professor of Sensor Science and Materials Chemistry
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Framework Programmes for Research and Technological Development
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Cristina Vicini-Rademacher, founder and CEO of Vicini Strategy
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Carlos Oliveira, Executive President of José Neves Foundation
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Operational Management of Large-Scale IT Systems in the AFSJ
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Roberto Verganti, Professor of Leadership and Innovation
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Talis Juhna, Professor and vice-rector for research at
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236:. The fully-fledged EIC was launched March 2021 under
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Schnell-Brüter- Kernkraftwerksgesellschaft mbH' (SBK)
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European Innovation Council and SMEs Executive Agency
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Bindi Karia, European Innovation Expert & Advisor
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European Council of Applied Sciences and Engineering
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Veronika Oudova, CEO & Co-founder of S-Biomedic
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134:. Unsourced material may be challenged and removed.
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622:Information Society Technologies Advisory Group
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499:Constantijn van Oranje, Leader of Techleap.nl
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369:Kerstin Bock, co-founder & CEO of Openers
763:European Innovation Council Official Website
739:European Innovation Council eic.ec.europa.eu
487:Or Retzkin, CEO and co-founder of EyeControl
448:Jana Kolar, executive director of CERIC-ERIC
1179:Political Parties and Political Foundations
396:Gráinne Dwyer, co-founder of Stori Creative
50:Learn how and when to remove these messages
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1333:European Union and science and technology
212:Learn how and when to remove this message
194:Learn how and when to remove this message
1306:Hochtemperatur- Kernkraftwerk GmbH (HKG)
451:Krisztina Kovacs-Schreiner, CEO of Lixea
330:"strategic autonomy" over technologies.
311:The EIC Accelerator supports individual
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87:of all important aspects of the article.
1105:Climate, Infrastructure and Environment
711:"About the European Innovation Council"
687:"About the European Innovation Council"
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992:Monitoring of Drugs and Drug Addiction
83:Please consider expanding the lead to
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481:Raycho Raychev, founder & CEO of
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132:adding citations to reliable sources
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39:or discuss these issues on the
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891:Disease Prevention and Control
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375:Jo Bury, managing director of
259:innovators throughout Europe.
85:provide an accessible overview
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841:Living and Working Conditions
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143:"European Innovation Council"
313:Small and Medium Enterprises
228:(EIC) was introduced by the
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967:Law Enforcement Training
1224:Fuel Cells and Hydrogen
254:Pilot Phase (2018–2021)
1040:Insurance and Pensions
1035:Securities and Markets
982:Border and Coast Guard
594:European Research Area
1184:Data Protection Board
977:Judicial co-operation
861:Intellectual Property
536:European Union portal
402:, CEO of AcrossLimits
384:, founder and CEO of
274:Funding Opportunities
1295:Health and Consumers
1265:Joint European Torus
1209:Bio-based Industries
128:improve this article
1343:Technology strategy
831:Vocational Training
648:"Official web site"
230:European Commission
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1012:Fundamental Rights
494:Emmanuel Stratakis
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1144:independent
876:Food Safety
871:Translation
846:Environment
618:(Euro-CASE)
457:, Physicist
1322:Categories
1308:Euratom JU
1302:Euratom JU
1063:Resolution
720:2021-05-04
696:2021-05-04
672:2016-08-30
634:References
386:Web Summit
154:newspapers
36:improve it
1214:Clean Sky
949:Satellite
911:Chemicals
856:Medicines
507:Station F
483:EnduroSat
184:July 2018
93:July 2018
77:summarize
42:talk page
1126:agencies
1110:Research
1078:agencies
901:Railways
851:Training
808:agencies
522:See also
1289:DG NEAR
1253:Euratom
1124:Euratom
1030:Banking
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744:31 July
624:(ISTAG)
612:(EURAB)
432:Vinnova
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1002:Asylum
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224:The
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130:by
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