Permanently Open Call for financial support to startups: Accelerate

EIT Manufacturing Accelerate is a permanently open Call with the 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.

Tailored internationalisation and financing support services are provided to startups and scaleups from across Europe to support their product development and go to market capabilities.

Through Accelerate, EIT Manufacturing aims to tackle critical industrial challenges identified across following thematic areas:

  • Digitalisation and Automation
  • Net Zero Industry
  • Renewable Energy and
  • Circular Economy.

And any of the following priority technologies, products and/or solutions:

Industrial AI, Robotics, Additive Manufacturing, Advanced Materials, Critical Components, Electronics, Semiconductors, Photonics, Quantum Computing, Renewables, Energy Storage, Carbon Capture.

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. By fostering an inclusive environment, we believe that diverse perspectives lead to innovative solutions and stronger collaborations.

Who can apply?

The Accelerate programme 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 products/services/solutions for manufacturing customers, and have a business-to-business (B2B) business model
  • Have an innovative product/service contributing to at least one of the EIT Manufacturing Strategic Objectives (SOs), thematic areas, and priority technologies, products and/or solutions
  • Have relevant business and technical expertise available in the team
  • Demonstrate sound Business Planning

This Call is open to private businesses (legal entities) with at least 2 team members and with headquarters in any Member State (MS) of the European Union (EU), and in any country associated with Horizon Europe programme.

The total maximum EIT funding allocated to this call is 8.800,000 EUR.

The available financial support (also known as “sub-grant”) is starting from 50,000 EUR and can be up to 500,000 EUR per company to pursue activities which are in line with the overall EIT Manufacturing Strategic Objectives and based on the project plan, budget, and the investment terms.

For more information, participate in one of our Info sessions

Registration for Accelerate Call Info-Sessions

Register for one of our info sessions on: 18 June, 25 June and 16 July 2024 at 2 pm CEST.

Important dates

Applicants are invited to send their applications at any time and before any of these cut-off dates:

  • 1st Cut-off date:  27 July 2024, 17:00 CEST
  • 2nd Cut-off date: 10 September 2024, 17:00 CEST
  • 3rd Cut-off date: 18 October 2024, 17:00 CEST
  • 4th Cut-off date: 16 December 2024, 17:00 CEST

Important!

In case of allocating the full available budget to applicants in the 1st, 2nd or 3rd cut-off date, EIT Manufacturing reserves the right to close the Call and not provide funding in the rest of the cut-off dates.

Results communication

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:

1st Cut-off

  • Eligibility and admissibility check: August 2024
  • Evaluation of proposals:  August 2024
  • Communication of results: September 2024
  • Due Diligence: August – September 2024
  • Communication of results: September-November 2024

2nd Cut-off

  • Eligibility and admissibility check: September 2024
  • Evaluation of proposals:  September 2024
  • Communication of results: September 2024
  • Due Diligence: September – October 2024
  • Communication of results: November 2024

3rd Cut-off

  • Eligibility and admissibility check: October 2024
  • Evaluation of proposals:  October 2024
  • Communication of results: October 2024
  • Due Diligence: October – December 2024
  • Communication of results: November 2024 – January 2025

4th Cut-off

  • Eligibility and admissibility check: December 2024
  • Evaluation of proposals:  December 2024 – January 2025
  • Communication of results: January 2025
  • Due Diligence: January – March 2025
  • Communication of results: March – April 2025