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.

Ask for support

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

2-5%

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:

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

Prepare your funding application here:

Step 1: EISMEA IT Platform
Step 2: Funding & Tenders portal

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.