Le Gouvernement du Grand-Duché du Luxembourg
EIC Accelerator

Scale up your innovation

Apply for funding to scale up your deeptech, game-changing innovations that are capable of creating new markets or disrupting existing ones.

Are you looking for substantial funding to scale up a groundbreaking innovation?

The European Commission’s EIC Accelerator programme supports startups and small and medium-sized companies (SMEs) with highly innovative products, services or business models that have the ambition to scale up. 

It primarily focuses on deeptech innovations based on scientific discovery or technological breakthrough, and targets those needing significant funding over a long period which are too risky for private investment alone. The EIC Accelerator offers blended finance combining grants and equity. 

We can: 

  • help you determine whether the EIC Accelerator is suitable for your company and innovation 
  • guide you in setting up your project
  • explain how to best fill out the grant application 
  • provide training on pitching 
  • advise on legal and financial matters

Key figures

Up to €2.5 million 
  • of grant funding covering up to 70% of eligible costs
Up to €15 million
  • of equity funding supporting scaling-up activities
success rate in the EU
€7.5 million 
total funding (grant and equity) obtained by Luxembourg companies 
in 2022

Key benefits

This type of Horizon Europe funding offers the following advantages:

  • Substantial funding for your final R&D stages (grant) and market scaleup (equity)
  • Access to “patient capital” with a long-term approach to return on investment
  • Opportunity to reduce the risk for private investments in your company

Who can benefit?

The EIC Accelerator targets startups and SMEs (including spinouts), individuals intending to create a company and, in exceptional cases, small mid-caps with less than 499 employees. We can support Luxembourg-based applicants. The application process takes place in three main steps:

  1. Short application (continuously open). If successful, you will be invited to step 2
  2. Full application (with specific deadlines each year). If successful, you will be invited to step 3
  3. Face-to-face interview with the EIC jury. If successful, you will receive funding

 Prepare your funding application here:

Contact us

Optimise your Horizon Europe participation

Feel free to contact us for further information and support. 

We are also available to discuss how this funding measure and others would best fit into your long-term strategy.

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