EIC Accelerator Challenge: Technologies for ‘Fit for 55’
The EIC Accelerator Challenge: Technologies for ‘Fit for 55’ supports breakthrough innovations that accelerate Europe's green transition. This program provides blended finance to individual SMEs and small mid-caps across EU Member States and Associated Countries, focusing on critical technologies for decarbonisation, energy efficiency, and sustainable practices. It aims to foster innovations from TRL 5/6 up to full commercial application, driving economic competitiveness and job creation in Europe.
Who is Funded
This section outlines the eligibility criteria for applicants, the geographical scope of the program, and its overarching strategic objectives, primarily focusing on supporting innovative SMEs and natural persons contributing to Europe's green transition.
What is Funded
This section provides a detailed overview of the types of projects and thematic areas eligible for funding under the 'Fit for 55' challenge, emphasizing innovative solutions for decarbonisation, energy efficiency, and sustainable practices across various sectors. It also clarifies what costs are covered and the expected maturity level of supported projects.
Type and Scope of Funding
This section describes the financial instruments available, including blended finance (grant and investment components), and clarifies how these funds are allocated to support innovative projects in their various development stages. It also outlines the typical and maximum funding amounts and expected project durations.
Conditions and Requirements
This section outlines key rules, regulations, and specific conditions for applicants and beneficiaries, covering application terms, legal prerequisites, and other important provisions essential for participating in the EIC Accelerator Challenge.
Application Procedure
This section outlines the structured application process, from initial submission and required documents to evaluation criteria and the various stages of assessment, including interviews and due diligence. It clarifies how proposals are reviewed and decisions are made.
Legal Basis
This section identifies the foundational legal and official documents that authorize, establish, and govern the EIC Accelerator Challenge, ensuring transparency and adherence to EU financial regulations and programmatic guidelines.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
Grant component up to 2,500,000 €; Investment component has no explicit maximum.
Allocated Budget:
1,167,846,081 € (shared across all EIC Accelerator 2022 calls)
Open Until:
31.12.2022
Award Channel:
Framework Programme Call
Region:
EU Member States and Associated Countries. Applicants from non-associated third countries must establish or relocate an eligible company in an EU Member State or Associated Country.
Sectors:
Energy Production and Supply, Renewable Energy, Water and Waste Management, Transportation and Logistics, Information and Communication Technology, Green Technology, Environmental and Climate Protection, Agriculture and Agribusiness, Research and Development, Construction and Building Materials, Software Development
Application Type:
Single Applicant
Funding Stages:
Experimental Development, Prototyping, Pilot Testing, Product Development, Market Introduction, Scaling, Commercialization
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
European Innovation Council and SME Executive Agency (EISMEA)
Additional Partners:
European Investment Bank (EIB) - investment advisor to the EIC Fund, EIC Fund manager
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