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Up to €17.5 million in financing for innovative companies

Up to €17.5 million in financing for innovative companies under the European Innovation Council, to support rapid growth of breakthrough, market-creating ideas

From today, innovative companies can apply for up to €17.5 million in combined grant and equity financing to scale-up quickly and effectively through the EIC ‘Accelerator’ pilot, increasing support for ground-breaking concepts that could shape new markets or disrupt existing ones in Europe and worldwide. This comes following the announcement in March by the Juncker Commission of a €2 billion Enhanced EIC pilot, to turn Europe's scientific discoveries into businesses that can scale up faster.