Madrid,
19
April
2021
|
16:36
Europe/Amsterdam

EIC Has Launched its 1st Calls

Summary

EIC has been launched in April and there are several open calls.

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EIC will support through an “Integrated, agile support across the full innovation spectrum from early-stage research to start-up and scale-up”.

The funding and support are organised into three main funding schemes:

  • EIC Pathfinder for advanced research to develop the scientific basis to underpin breakthrough technologies.
  • EIC Transition to validate technologies and develop business plans for specific applications
  • EIC Accelerator to support companies (SMEs, start-ups, spin-outs, and in exceptional cases small mid-caps) to bring their innovations to market and scale-up.

Linkages between these funding schemes will be maximised through proactive management and new approaches, such as additional grants to ongoing Pathfinder projects, a Marketplace to connect preliminary and final research results with entrepreneurs and investors, and the Fast Track scheme from Pathfinder and Transition to enter the Accelerator.

EIC Funding Schemes
Figure 1: EIC Funding Schemes based on TRL and BRL concepts (source: CDTI- EIC Infoday 24/03/2021)
MRL
This information has been taken from Access to EIC project, Deliverable 4.1 “Toolbox for research-output-based businesses”

What is the Business Readiness Level?

The TRL level, as commonly used in H2020, can be used to define whether a technology is ready for commercialisation or not, but it does not adequately capture how "ready" the technology-based company is to go to market...

To read more, click here.

 

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