The EIC Accelerator Challenges, including EIC Accelerator’s Green Deal, empowers startups as well as SMEs to scale impactful innovations, creating new markets in strategic sectors. It prioritizes “deep tech” innovations, which require patient capital due to significant funding needs for scientific or tech breakthroughs. Differing from the Accelerator Open – which finances innovations in every… Continue reading EIC Accelerator’s Green Deal
Author: Mauro Andriotto
Horizon Europe and Women’s Equality
PLEASE NOTE that, in this article, Horizon Europe and Women’s Equality, the word “gender” refers exclusively to male and female. From the official Website The European Commission is committed to promoting gender equality in research and innovation. It is part of the European Commission Gender Equality Strategy for 2020-2025, which sets out the Commission’s broader commitment to equality across… Continue reading Horizon Europe and Women’s Equality
Horizon Europe’s Initial Funding Gap
The European Commission’s report highlights that Horizon Europe’s initial funding of €95.5 billion fell short by €34 billion to back high-quality proposals from 2021 to 2022. Of all the high-quality proposals, 71% did not receive funding. This demonstrates a slight improvement when compared to the previous framework program, Horizon 2020. In Horizon 2020, 74% of… Continue reading Horizon Europe’s Initial Funding Gap
Horizon Europe and Renewable Energy
Horizon Europe is the EU’s key funding program for research and innovation with a budget of €95.5 billion. It addresses climate change and contributes to achieving the UN’s Sustainable Development Goals while boosting the EU’s competitiveness and growth. The program, which facilitates collaboration and strengthens the impact of research and innovation in developing, supporting, and… Continue reading Horizon Europe and Renewable Energy
EIC Accelerator Process Update
Since its initial launch in March 2021, substantial advancements have occurred in implementing the European Innovation Council (EIC), building upon the prosperous pilot stage (2018-20). After the EIC Accelerator process update, startups have submitted over 4000 applications, and an initial 164 companies have been selected for funding. The EIC Pathfinder and Transition programmes have also… Continue reading EIC Accelerator Process Update
EIC Greenhouse Gas Programme
In addition to the coaching & training and access to corporates, investors and procurers, EIC-supported researchers, innovators and entrepreneurs have access to the EIC Greenhouse Gas programme. With the programme, part of the Business Acceleration Services, the EIC offers the support and expertise needed to assess, track and efficiently reduce the carbon footprint of beneficiaries. Additionally,… Continue reading EIC Greenhouse Gas Programme
Revised EIC: Methods and Strategies
FIn this fourth installment of the series, we delve into how the EIC Fund evaluates projects for equity investment within the Revised EIC: Methods and Strategies. The Valuation Methods Valuation methods may vary depending on the business models, markets and sectors, technology and other aspects to consider. While no standard practice exists, investors commonly employ certain methods, as outlined in the official documents,… Continue reading Revised EIC: Methods and Strategies
Revised EIC: Bucket
As the third installment of our series, we explore how the European Commission uses the ‘buckets’ concept within the Revised EIC: Bucket approach to determine project funding. As reported in the document, If the company and the EIC Fund consent to the proposed co-investment opportunity, financial and commercial due diligence and negotiations may then be… Continue reading Revised EIC: Bucket
Revised EIC: Investment Characteristics
In the last article, we started exploring select focal points in detailed in the new EIC document. A special point in the revised EIC: investment characteristics, is particularly relevant to any project in search of investors. The Revised Document As reported in the document, The EIC Accelerator supports innovators and entrepreneurs. Starting at the earliest… Continue reading Revised EIC: Investment Characteristics
Revised EIC: Innovation Types
The EIC Accelerator will support different types of innovation, in particular those based on deep-tech or radical thinking, but also social innovation. Within the revised EIC: innovation types are present and explained. For the purpose of the present guidelines, “deep-tech” refers to a technology based on cutting-edge scientific advances and discoveries. It is characterized by… Continue reading Revised EIC: Innovation Types