We are in!

The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and spinout companies to develop and scaleup game-changing innovations. In some cases small mid-caps (up to 500 employees) are supported.

The EIC Accelerator provides substantial financial support with:

  • grant funding (non-dilutive) of up to €2.5 million for innovation development costs,
  • investments (direct equity investments) of up to €15 million managed by the EIC Fund for scale up and other relevant costs. Companies working on technologies of strategic European interest can apply for EIC investments of more than €15 million.

In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.

INNengine has passed the first stage of the EIC Accelerator selection process with a 4 out of 4 score.

The next step: preparing our full proposal!

https://eic.ec.europa.eu/eic-funding…/eic-accelerator_en

#EUeic #innovators #innengine #motorinnengine

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