EIC Accelerator

EIC Accelerator

Button
AI enriched?
EHC: Comments

For the EIC Accelerator (the Open Accelerator), the EHC is probably not “deep tech” focused enough. It’s targeted at TRL 5-9.

EHC: when?
People
Budget

Total funding per project can reach up to €17.5 million.

EHC fit

The European Innovation Council (EIC) Accelerator is a funding program under Horizon Europe that supports start-ups and SMEs with innovative, game-changing products, services, or business models that can create new markets or disrupt existing ones. The program offers substantial funding, including non-dilutive grants and dilutive equity investments, to help these companies scale up and reach market deployment. To support the development of the European Housing Cooperative (EHC), the EIC Accelerator could provide financial support through its blended finance model, which combines grants and equity investments. The EHC's innovative approach to affordable, community-led, and sustainable housing projects aligns with the EIC's objectives of supporting high-impact innovations with the potential to create new markets or revolutionize existing ones. Specifically, the EHC could benefit from the EIC Accelerator Open, which is open to proposals in any field of technology. The EIC Accelerator Challenges, with a budget of €300 million in 2024, might also be suitable if the EHC's project matches any of the pre-defined topics. Similar projects that have received funding in the past include those focused on sustainable energy, urban development, and social innovation. The EIC Accelerator has supported companies like those in the renewable energy sector, which aligns with the EHC's goal of sustainable housing projects. In addition to financial support, the EIC Accelerator provides access to Business Acceleration Services (BAS), including coaching, mentoring, and partnering opportunities. These services can help the EHC leverage investments, access global partners, and tap into the innovation ecosystem and peer networks. Overall, the EIC Accelerator offers a comprehensive support package that can help the EHC achieve its ambitious goals of creating a pan-European housing cooperative that addresses the housing crisis across Europe.

Last edited
Jul 2, 2024 3:53 PM