Post by parvej64 on Oct 26, 2023 4:39:45 GMT
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 photo retouching 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 (from EUR . to EUR million, in justified cases and after meeting the conditions specified in the competition documentation, also above this amount) in order to introduce innovations to the market or increase the scale of operations; the investment component is used to finance activities above. Some details need to be made only SMEs can apply for a non-repayable grant, SMEs can only benefit from subsidies grant only formula - up to of eligible costs.
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 photo retouching 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 (from EUR . to EUR million, in justified cases and after meeting the conditions specified in the competition documentation, also above this amount) in order to introduce innovations to the market or increase the scale of operations; the investment component is used to finance activities above. Some details need to be made only SMEs can apply for a non-repayable grant, SMEs can only benefit from subsidies grant only formula - up to of eligible costs.