EIC Accelerator: an opportunity for environmental SMEs

13/04/2020. The EIC Accelerator call is part of the European Innovation Council (EIC) pilot project supporting leading innovators, entrepreneurs and small businesses with funding opportunities and acceleration services. The aim of the programme is to bring to the European market new innovative products, services and business models that can drive economic growth.

  • Pilot environmental projects will be funded at a rate of 70% with up to
  • The aim of this specific project of the European Innovation Council Accelerator is to contribute to the implementation of the Green Deal objectives

Environmental pilot projects that pass the second phase and meet the requirements will receive a grant ranging from EUR 0.5 to 2.5 million,  70% non-refundable. The deadline for submission will be 19 May at 5 p.m.

The second phase of the EIC Accelerator call for proposals triples the budget

“The European Innovation Council’s call is a unique opportunity for companies that have services or products within the environment. It is the first time that the European Commission has carried out a programme of this kind within the framework of the Horizon 2020 in the line for European SMEs”, said Adrián Noheda, EU Project Manager of the Finnova Foundation, who highlighted that this year the second phase of the EIC Accelerator call triples the budget that it usually has for each call. Specifically, the total budget is 303,000,000 euros. This funding reveals the European Commission’s commitment to the Green Deal. In addition, this year there may be an investment of 15 million euros in risk capital by the European Union.

Projects must contribute to the objectives of the ODS

The aim of this specific programme of the European Innovation Council Accelerator is to contribute to the implementation of the Green Deal objectives, as well as to encourage impact investment by supporting the development and market implementation of innovations that can tilt our socio-economic systems onto a more sustainable path.

Projects must support the implementation of the Green Deal by contributing significantly to one of the Sustainability Objectives (SO) such as eliminating pollution; sustainable mobility or clean energy, among others. Some examples of companies that have been successful in their projects thanks to the European calls are the company APSU from the Canary Islands, which received a seal of excellence from the European Commission for Horizon 2020, since they developed the APSU Microwave Reactor, which serves to eliminate the bacteria that accumulate in wastewater. Or the BunPlanet company, who created software to reduce water losses, received two seals of excellence in 2015 and 2016 from the European Commission.

EUvsCrisis: April 24,25 and 26

The European Commission’s Directorate-General for Innovation, in close collaboration with the EU Member States, will be organising a Pan-European Hackathon on 24, 25 and 26 April. The aim is to connect civil society, innovators, partners, innovators, companies and universities from all over Europe in order to develop innovative solutions to overcome the challenges related to the coronavirus.

More details in this video: https://www.youtube.com/watch?v=1ZJn-kdkAAk

The Finnova Foundation and its Startups Europe Awards programme are official partners of the European Union and those interested in making suggestions or proposing challenges can send them by filling in the following form: http://covid19.finnova.eu


-For any other question: info@finnova.eu

General Director of the Finnova Foundation:
Juan Manuel Revuelta juanmarevuelta@finnova.eu /Tel: 0032 475 97 4277

-Press officer: Lola Bordás cmo@finnova.eu, Tel: +34 619 11 02 66


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