Applications that meet all the criteria but are not recommended for funding due to budget limitations will be awarded a Seal of Excellence to help them secure funding from other sources. Companies with a Seal of Excellence can also gain support from EIC Business Acceleration Services.
EIC Transition. The EIC Accelerator is a European Innovation Council (EIC) financial scheme. It funds innovative activities that go beyond the experimental proof of principle in laboratory to support both:
– the maturation and validation of your novel technology in the lab and in relevant application environments
– the development of a business case and (business) model towards the innovation’s future commercialisation.
Grants of up to €2.5 million and more are available to validate and demonstrate technology in application-relevant environments and develop market readiness.