Permanently Open Call for financial support to start-ups: Accelerate 2023
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The EIT Manufacturing Accelerate programme has a primary objective to support, scale and accelerate industry startups into impactful players in the European manufacturing ecosystem. Accelerate programme supports and grants financing to startups and scaleups with innovative solutions and technologies, that address critical challenges in the manufacturing sector, and are helping the European manufacturing sector to become more efficient, resilient, green, and globally competitive.
EIT Manufacturing aims to build European industry startups that show high growth and impact and addresses all range of technologies and business models, incremental improvement, and disruption. Furthermore, EIT Manufacturing encourages inclusive and gender-balanced teams to apply for this funding.
The purpose of this call is to support startups with innovative product/service that address at least one of the following four EIT Manufacturing focus areas (flagships).
The Accelerate 2023 Call is open to startups with solutions at Technology Readiness Level (TRL) 6 or higher, that are currently fundraising or preferably already in an ongoing funding round with the following characteristics:
- Developing new product/services/solutions serving the manufacturing sector.
- Significantly improving an existing product/services/solutions for expansion into a new industry sector or a new geographic area.
- Innovative product/service contributing to at least one of the EIT Manufacturing Focus Areas (flagships). Ideas demonstrating commercial prospects and track-record.
- Management and technical expertise available.
The Call for Applications is open for-profit private businesses established in the Member States (MS) of the European Union (EU), and/or in Third countries associated to Horizon Europe with at least 2 team members.
Note: Specific conditions apply for startups established in the United Kingdom, and exceptionally in Switzerland.
The total maximum EIT funding allocated to this call is 4,000,000 EUR.
The available financial support (also known as “sub-grant”) is up to 500,000 EUR per company to pursue activities which are in line with the overall EIT Manufacturing objectives and based on submitted project budget by the applicant.
Applicants are invited to send their applications at any time and before any of these cut-off dates:
- First cut-off date: September 1st, 2023, 12:00 pm CET
- Second cut-off date: October 2nd, 2023, 12:00 pm CET
- Third cut-off date: November 6th, 2023, 12:00 pm CET
- Fourth cut-off date: December 1st, 2023, 12:00 pm CET
All applications and supporting documents and material must be submitted using the Submission Management Platform “Submittable”.
Communication of results
Applicants that have submitted their applications at any time and before any of these cut-off dates, should consider the following revised timeline for receiving the results from due diligence and evaluation for each cut-off date respectively:
2nd Cut-off date: October 2nd, 2023, 12:00 pm CET
- Due Diligence: October – January 2024
- Communication of results: November 2023 – February 2024
3rd Cut-off date: November 6th, 2023, 12:00 pm CET
- Due Diligence: November 2023 – January 2024
- Communication of results: December 2023 – February 2024
4th Cut-off date: December 1st, 2023, 12:00 pm CET
- Evaluation of applications: December 2023 – January 2024
- Communication of results: January – February 2024
- Due Diligence: January – March 2024
- Communication of results: March – April 2024