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Accelerator is a competition under the Horizon Europe program managed by the European Commission. It is addressed primarily to start-ups and entities from the SME sector that have breakthrough innovations and are interested in developing and introducing them to the market. Only advanced projects can receive support in the competition, i.e. those that are at least at the fifth technological readiness level (TRL) at the start, therefore Applicants are required to prove that they have achieved TRL.

EIC Accelerator is an opportunity for projects that are characterized by at the same time, they have a high level of risk - which makes it difficult to attract private investors - and a high development potential, and also require the commitment of significant financial resources for a long photo retouching time before they are able to generate a return. Who can take part in the competition? As a rule, the competition is dedicated to entities from the SME sector. However, the EIC Accelerator also leaves an opening for the so-called small mid-caps, i.e. entities employing no more than employees. Small mid-caps are allowed to take part in the competition, but they can only apply for the investment component and are excluded from subsidy support, which we describe in more detail below.



It is worth emphasizing that EIC Accelerator is not limited to any specific industry, it remains open to innovations from any area. Companies must apply for funding independently, it is not possible to implement the project in a consortium. What funding can you count on? As part of the competition, you can apply for the so-called blended finance consisting of two components: non-repayable subsidy (grant) - a maximum of EUR . million for further development of the product/process/service, i.e. financing research and development work up to a maximum of TRL level inclusive; the grant can finance up to % of the project's eligible costs; capital investment - usually in the form of direct equity or quasi-equity.