EIC Accelerator (previoulsy known as Horizon 2020 SME Instrument) provides an excellent opportunity for small and medium sized companies to get financial support for product development and commercial uptake. Applying for the EIC Accelerator should be considered if your company:
If you ticked all the boxes, then this is an opportunity for you. The funding covers activities taking you from the prototype to a full commercial uptake.
The EIC Acelerator is offered in two forms: grant only or blended finance that provides optional investment in equity in addition to the grant.
€3 billion
7,500 projects
Companies can apply for a grant only funding if the envisioned activities concern primarily technical innovation defined as Technology Readiness Level (TRL) 6-8.
Funding rate of the grant only project is 70% with an own-financing of 30%. Project duration should be 1-2 years and the maximum grant is 2,5 million Euros.
Companies also have the option to apply for blended finance support where, in addition to the grant, additional investment in equity is provided. The grant will finance activities TRL 6-8. Activities above TRL 8 can only be financed through the equity part of the blended finance support. Applicants will be asked to indicate the amount requested for equity. The maximum investment in the form of equity is €15 million.
Consultants of Invent Baltics supported Keel24 and Sentab in preparing successful project proposals to Horizon 2020 SME Instrument Phase 2 funding programme. Keel24 and Sentab are the first Estonian firms that have been successful in the Phase 2 projects as coordinators.
Read more ›Invent Baltics consultants helped the Finnish company Paumax Oy /AINA Wireless, dedicated to developing innovative IP-based communication solutions, to prepare a successful project proposal to the European Commission Horizon 2020 research and innovation funding program.
Read more ›Invent Baltics consultants supported Finnish company Paptic Oy in preparing a successful SME Instrument Phase 2 project proposal to the European Commission Horizon 2020 research and innovation funding program.
Read more ›ZenRobotics Oy, a Finnish company, received €2 Million funding from the Horizon 2020 SME Instrument Phase 2, for developing its next generation robotic waste sorting system. The new generation utilizes advanced multi-sensor systems and machine learning technology for sorting commercial and industrial waste.
Read more ›Consultants of Invent Baltics supported Keel24 and Sentab in preparing successful project proposals to Horizon 2020 SME Instrument Phase 2 funding programme. Keel24 and Sentab are the first Estonian firms that have been successful in the Phase 2 projects as coordinators.
Read more ›Invent Baltics helped the Finnish company Uniq Bioresearch, active in developing a novel microencapsulation technology, to compose a successful project proposal to the European Commission Horizon 2020 research and innovation funding program.
Read more ›Invent Baltics helped Finnish company Bionova Oy to prepare a successful project proposal to the Horizon 2020 Research and Innovation funding programme.
Read more ›Invent Baltics helped UK company Monese Ltd to prepare a successful project proposal to the Horizon 2020 Research and Innovation funding programme.
Read more ›Icosagen Cell Factory, a spin-off company from the University of Tartu, received a prestigious SME grant within the framework of Horizon 2020, the EU Framework Programme for Research and Innovation, in which the European Commission hand-picks businesses to invest in and support.
Read more ›Invent Baltics assisted Advanced Sports Installations Europe AS (ASIE) in putting together successful project application for Horizon 2020 SME-Instrument. In cooperation with Invent Baltics, ASIE had previously completed SME-Instrument Phase 1 (50,000 € grant) for conducting comprehensive feasibility study, including freedom-to-operate analysis and market studies.
Read more ›Invent Baltics consultants supported Finnish company Alleco Oy in preparing a successful SME Instrument Phase 2 project proposal to the European Commission Horizon 2020 research and innovation funding program. The project with a total budget of €1.2 million was the highest scoring proposal under the Open Disruptive Innovation (ICT) topic.
Read more ›Invent Baltics consultants supported Finnish company Remote A Oy in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €1,7 million will receive support under the Horizon 2020 topic “Accelerating market introduction of ICT solutions for Health, Well-Being and Ageing Well“.
Read more ›Invent Baltics consultants supported the Finnish company Brighterwave Oy in preparing a successful SME Instrument Phase 2 project proposal to the European Commission Horizon 2020 research and innovation funding program.
Read more ›Invent Baltics consultants supported Finnish company Cloudstreet Oy in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €2.3 million will receive support under the Open Disruptive Innovation Scheme.
Read more ›Invent Baltics consultants supported Finnish company Minima Processor Oy in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €2,4 million will receive support under the Horizon 2020 topic “Information and Communication Technologies“.
Read more ›Consultants at Invent Baltics supported Estonian company Optofluid Technologies OÜ (OFT) in preparing a successful SME Instrument Phase 2 project proposal. The project will receive a grant of €2.8 million under the Horizon 2020 topic “Personalized Health and Care“.
Read more ›Invent Baltics consultants supported Estonian company MikroMasch Eesti OÜ in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €1,8 million will receive support under the Horizon 2020 topic “Secure, Clean and Efficient Energy“.
Read more ›Invent Baltics consultants supported Finnish company Spectral Engines Oy in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €3,3 million will receive support under the Horizon 2020 topic “Open Disruptive Innovation Scheme“.
Read more ›Invent Baltics consultants supported Finnish company Nukute Oy in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €2,5 million will receive support under the Horizon 2020 topic “Open Disruptive Innovation Scheme“.
Read more ›Invent Baltics consultants supported Cybernetica AS in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €1,83 million will receive support under the Horizon 2020 topic “Open Disruptive Innovation Scheme“.
Read more ›Invent Baltics consultants supported Irish company Axonista in preparing a successful SME Instrument Phase 2 project proposal. The project with a total budget of €2,4 million will receive support under the Horizon 2020 topic “Open Disruptive Innovation Scheme“.
Read more ›Filtra Group has developed an innovative industrial dust extraction technology that complies with the current air quality regulations and enables 80% cost-cutting compared to technology used at industrial plants at the moment
Read more ›Varjo Technologies Oy is the first company in the world to build a VR/AR/MR headset capable of human eye resolution.
Read more ›Iristick develops innovative assisted reality enhanced eyewear for industrial applications. The smart glasses feel just like regular glasses: comfortable, light, balanced and stable
Read more ›Grundium has created a disruptive technology that enables to launch the world´s first portable and low-cost digital scanning microscope for clinical and research use.
Read more ›Virtual Solutions has developed software that makes robotic process automation accessible for the mass market.
Read more ›1oT has developed an IoT connectivity platform that allows IoT device makers to get global data coverage for all of their devices. The truly universal platform is able to serve more than 95% of IoT device makers that need wide-area coverage and reduce their data cost up to 50%.
Read more ›720° is a unique sensor-based solution that improves the productivity and well-being of office workers by analysing Indoor Environmental Quality (IEQ) in real time and automatically taking measures to ensure optimised working conditions. It helps its customers to turn office buildings into an employee productivity management tool.
Read more ›Sulapac has created the most sustainable packaging solution in the world. It is 100% biodegradable and contains 0% microplastics. Sulapac® has all the benefits of plastic, but without the waste problem. The renewable wood-based material has a low carbon footprint, yet it is similar to plastic in terms of price, formability and functionality
Read more ›BioMensio multi-drug testing platform is the first palm-sized and highly accurate device to detect drug intoxication from saliva. The patented bio-sensing technology enables to simultaneously measure a person’s intoxication from virtually any widely used narcotics, in an easy-to-administrate test that provides results in just 1-2 minutes.
Read more ›Global EcoProcess Services Oy (EPSE) has developed, patented and tested a simple new technology that enables to remove metals from industrial wastewater completely. After the process only purified water and solid metals are remaining. Both are reusable in manufacturing as valuable raw materials.
Read more ›Infinited Fiber Company (IFC) has developed low-cost process for producing cellulose based fiber from textiles waste. The fiber product – called Infinited Fiber – is sustainable, affordable, and available in unlimited quantities. Unlike viscose and polyester, Infinited Fiber has the touch and feel of cotton, which is preferred by consumers. It is the only fiber that meets the industry needs
Read more ›FocalSpec revolutionary 3D imaging sensors offer laboratory level measurement accuracy for detecting microscopic imperfections on battery electrodes at the speed of manufacturing lines (moving 3 meters per second). Our technology enables carrying out submicron-level analysis of shapes, profiles, textures, thicknesses, dimensions, roughness, etc. No other industrial measurement solution, including laser, is able to combine such speed and precision.
Read more ›