EUROPEAN INNOVATION NETWORK

Public Funding Solutions for European Companies plus Associated Countries

Improving the growth and competitiveness of industry and business across Europe, our sister organisation, European Innovation Network (EIN) is one of Europe’s leading innovation and business support organisations. Based in Cambridge (UK), EIN inspires and enables clients to transform their products, business processes and people beyond the reach of their competitors.

With access to over 10,000 scientists, engineers, technologists and business specialists across all sectors, EIN has the vision and know-how to create genuine advantage for their clients in the form of bottom-line benefits. How can you keep ahead of your competitors? The EU promote ‘innovation’ as part of the answer – and they give grants to companies in the EU to help their innovative developments. We at European Innovation Network work closely with the EU and Goverment organisations to help SMEs and Large Enterprises achieve profit through innovation.

World Class European R&D Network

We are a leading innovation contractor, working with companies in all sizes from across Europe. We de-risk new product development for your company greatly improving future profitability and competitive success by understanding the market needs and utilising our Innovation Network to achieve creating world-class products and services. EIN has an extensive network of R&D partners from most EU member states & associated member states. We have access to over 10,000 Engineers, Technologists, PhDs in the following research domains.

EIC ACCELERATOR

The updated SME Public Funding Program

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. The EIC welcomes applications from innovators in all EU Member States and countries associated to the Horizon Europe or available Associated Countries such as the UK, Switzerland, Turkey and more.

Key data:

  • Target group: Innovative SMEs
  • Only SMEs allowed to apply for funding
  • Just one company can apply (no partners needed).
  • Competitive, market oriented, EU dimension
  • Project Completion within 12-24 months
  • Sweet-spot Euro 2-2.5M Grant value
  • Open calls throughout the year
  • Funding 75% upfront, 15% midproject, 10% end of the project
  • Starting date: April 2021 End Date: December 2028

Selection Process:

  1. Stage-1 Application is1. Stage-1 Application
  • A short proposal
  • Slide deck (up to 10 slides)
  • 3-min Video
  • Open Call throughout the year
  • Detailed Evaluator Feedback within 3-4 weeks
  1. Stage-2 Application
  • Full Proposal Application
  • Deadlines throughout the year
  • Evaluation results within 4-6 weeks.