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EIC Accelerator: 71 companies selected in october 2024 cut-off

Published on | 1 year ago

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EIC

The European Innovation Council (EIC) selected 71 cutting edge companies for funding, combining grants and equity, following the last 2024 EIC Accelerator cut-off in October. They have been selected among 1211 submitted proposals, out of which 431 have been invited to the jury interviews.

21% of the selected companies are led by women (as CEO, CSO or CTO), while there is a geographical spread spanning 16 countries. 

Four of the selected companies have benefitted from the ‘Plug In’ scheme. The scheme allows funding bodies managing certified national/regional programmes to submit projects from their portfolio directly to the full application stage of the EIC Accelerator. 

A further 330 applications that were assessed positively by the EIC jury, but for which there was insufficient funding available, will be awarded a Seal of Excellence. This recognition helps these companies to find alternative funding sources, including from the Recovery and Resilience Funds and European Regional Development Funds.

3 Belgian organisations will receive blended financing.

More details available here.

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