EIC Accelerator (grant, blended finance, equity-only) (Verified)
- Kind
- Equity or blended finance
- What it is for
- The Accelerator supports market-creating innovation by single beneficiaries, mainly through blended finance, with grant-only and equity-only support under conditions. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(1))
- It helps SMEs, start-ups, spin-offs and in some cases small mid-caps bring innovations to market and scale up. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Overview, p. 7)
- Designed by
- The EIC Board advises the Commission on the work programme and on the balance of grants, equity and other financing in the Accelerator; the Commission adopts it under the examination procedure. (Council Decision (EU) 2021/764 establishing the Specific Programme implementing Horizon Europe, Articles 12(1)(b)-(c) and 13(2)(c))
- Implemented by
- EISMEA manages the grant component. The investment component is entrusted to the EIB under indirect management, and the EIC Fund makes investments following EIB due diligence. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Glossary, pp. 19 and 21; Indirect management of the investment component, p. 89)
- Who can apply or take part
- The beneficiary must be a start-up or SME, or in exceptional cases a small mid-cap, in a Member State or associated country; natural persons or entities may apply on its behalf. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(2))
- Single start-ups and SMEs, individuals intending to launch one, and in some cases small mid-caps (under 499 employees) may apply. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Overview table, p. 10; Section V, p. 73)
- Funding rate or co-funding
- The grant or reimbursable-advance component may not exceed 70% of total eligible costs. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(9))
- Grant-component costs are reimbursed up to 70% within the EUR 2 499 999 ceiling, and the beneficiary funds the remaining 30% itself. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Section V, pp. 75-76)
- Typical size
- Grant component below EUR 2.5 million (lump sum); investment component EUR 1 million to EUR 10 million, usually direct equity or quasi-equity. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Overview table, p. 10; Section V, pp. 75-76)
- The 2026 Accelerator has EUR 634 million in total (EUR 414 million Open, EUR 220 million Challenges), with EUR 380 million for investment components managed by the EIC Fund. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Section V, p. 74)
- Grant-only support is available once per beneficiary for the whole programme, capped at EUR 2.5 million. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(1), second subparagraph (c))
- Maturity (TRL)
- Accelerator grants fund innovation activities from TRL 6 to 8; the minimum TRL has been 6 since 2025. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Overview table, p. 10; Section V, pp. 76-77; footnote 68, p. 50)
- The EIC Accelerator web page also states TRL 6-8. (EIC Accelerator, Who can apply / eligibility)
- Who owns the results
- The Agency may object to transfers of ownership or licensing of results under grant agreement conditions, and for dual-use activities it may also object to non-exclusive licensing. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Section V, p. 77)
- The EIC Fund ensures supported companies keep most of their value, including IP, in the EU or Associated Countries, and may apply safeguards case by case. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Section V, p. 76)
- Accelerator IP rules sit in the contract and/or investment agreement. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Footnote 14, p. 15)
- Time to grant or contract
- Short applications are batched monthly with results in about 4-6 weeks; full-application panel results come about 8-9 weeks after batching. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Section V How do you apply, pp. 78-80)
- The EIC page gives indicative times: step 1 about 4-6 weeks, step 2 8-9 weeks after batching, jury results 2-3 weeks after interviews, and investment decision 2-6 months. (EIC Accelerator, Application process / timeline)
- Legal basis
- The legal basis is Horizon Europe Regulation Article 48 (The Accelerator) and Article 46 (Horizon Europe and EIC blended finance); the EIC has an indicative EUR 8 752 000 000 for 2021-2027. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Articles 46, 48 and 12(2)(c)(i) (original 2021 text read))
- The 2026 work programme widens Accelerator support to dual-use innovation under Article 48(2) as amended by Regulation (EU) 2025/2653. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Overview, p. 8; Main changes, p. 11)
- Work programme, committee or other step needed
- A single Commission award decision covers all forms of support under EIC blended finance. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(3))
- The Commission may reject a proposal retained by experts for justified reasons, and must inform the Programme Committee; increases in support need EIC Board advice and are reported to the Committee. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 48(8) and 48(12))
- Conditions and limits
- In AI, quantum, semiconductors and biotechnology, specific economic-security safeguards are written into EIC Fund investment agreements. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, V.1 EIC Accelerator Open, p. 91; Economic security, pp. 16-17)
- Grant-only Accelerator actions in the critical raw materials Challenge exclude entities controlled from non-eligible third countries. (European Innovation Council (EIC) Work Programme 2026, Annex to C(2026) 4080, Economic security, p. 16)
- At least 70% of the EIC budget must go to SMEs, including start-ups. (Regulation (EU) 2021/695 establishing Horizon Europe, laying down its rules for participation and dissemination, Article 9(2))
- Quantum examples
- There is a quantum-specific Accelerator Challenge in 2024, HORIZON-EIC-2024-ACCELERATORCHALLENGES-03B 'Emerging quantum technology components'; for example QUQUP (QuiX Quantum Universal Quantum Processor), grant EUR 2 470 125, 2024-2026. (CORDIS: QUQUP - QuiX Quantum Universal Quantum Processor, CORDIS project 101187962 (call title from CORDIS programme data))
- DISQO (scalable germanium quantum processors), HORIZON-EIC-2025-ACCELERATOR-02-OPEN, grant EUR 2 499 875, 2025-2027. (CORDIS: DISQO - Scalable germanium quantum processors, CORDIS project 101248173)
- The 17 February 2026 Accelerator round (61 companies, EUR 467 million requested) names QuantaMap (project NAUTILUS) for quantum metrology and defect inspection of quantum chips. (61 start-ups and SMEs secure EIC support in latest round of the EIC Accelerator (17 February 2026), News item, examples of selected companies)
- The 2023 Accelerator Challenge 'Emerging semiconductor or quantum technology components' is HORIZON-EIC-2023-ACCELERATORCHALLENGES-05 in CORDIS. (CORDIS project search (JSON): Horizon Europe projects with 'quantum' in the title, with programme/call codes, CORDIS programme code list)
- Who to contact
- European Innovation Council and SMEs Executive Agency (EISMEA); EIC Fund for the investment component
- Next steps
- Single start-ups and SMEs apply (short application, then full application and interview).
- Point companies to the EIC Business Acceleration Services and national contact points.
- Verification
- Verified. I read Section V of the EIC Work Programme 2026 (pp. 72-91), the economic-security introduction, the EIC Accelerator page, the February 2026 EIC news item and Article 48 of Regulation 2021/695. The regulation text read is the original 2021 version, not the version consolidated with the 2025/2653 dual-use amendments.