Do you have a game changing, market creating innovation contributing to the goals of The European Green Deal and supporting the economic recovery from the COVID-19 crisis? Does your company aim to deliver a meaningful impact towards sustainable development?
If your answers to the above questions are ‘yes’, then the EIC Accelerator Green deal strategic challenge may be the right programme for you.
This EIC Accelerator challenge will fund transformative green innovations, which contribute to the goals enshrined in the European Green Deal strategy and the Recovery Plan for Europe.
Eligible applicants include single companies classified as a SME and established within a Member State or an Associated Country.
The UK is no longer an EU Member State; however the UK’s association has been agreed. On this basis UK companies are eligible to apply. However, UK applicants are only eligible to apply for an EIC Accelerator grant (i.e. up to €2.5M), they are not eligible to apply for the equity financing element of the competition.
Grant funding will reimburse eligible costs incurred for innovation activities, including demonstration of the technology in the relevant environment, prototyping and system level demonstration, R&D and testing required to meet regulatory and standardisation requirements, intellectual property management, and marketing approval (e.g. at least Technology
Readiness Levels 5/6 to 8). Eligible costs are reimbursed up to a maximum of 70%.
Projects should be 1 to 2 years in duration.
Unlike predecessor competitions delivered under the auspices of Horizon 2020, there are limitations on the number of times you can apply.
This EIC Accelerator challenge will contribute to the European Green Deal goals by nurturing and supporting the scale up of next generation low-carbon technologies and supporting European (and UK) companies willing to become global technology leaders able to transform the world. Game changing, breakthrough technologies combined with innovative business models, will be a key feature.
The Recovery plan underlined the need for decarbonising energy-intensive industries, boosting renewable energy production, making transport smarter and more sustainable, increasing energy efficiency in buildings and protecting and restoring biodiversity and natural ecosystems, inter alia, all while boosting resilience and economic competitiveness.
Your project must support the Green Deal implementation by significantly contributing to at least one of the following sustainability goals:
Within the Green Deal goals, specific priority is given to projects relating to key innovations for the green economic transition as identified in the Recovery Plan for Europe. At least 50% of the companies selected for the interview phase must have submitted proposals relating to one the following areas: