The EIC Fund was launched under the pilot phase of the EIC to invest in companies selected under the EIC pilot Accelerator. The equity investments, ranging from €0.5 to €15 million per company, complement the grant financing of up to €2.5 million, which has already been provided through the EIC Accelerator. Under Horizon Europe, the EIC Fund has taken so far 35 investment decisions. They amount to a total equity investment of around €190 million. In other words, the EIC Fund provides equity from €0.5m to €15m to breakthrough innovation companies selected for EIC Accelerator blended finance support (grant and equity).
Under Horizon Europe, so far 313 companies have been selected for support under the EIC Accelerator.
Are you a private investor seeking to invest in future breakthrough innovation, together with the European Innovation Council (EIC)?
The EIC Fund provides a single point of access to an aggregated (Europe wide) deal flow of relevant investment opportunities.The EIC Fund offers companies for co-investment which
Co-investing in companies carefully selected by the European Innovation Council (EIC) is a great investment opportunity as well as an opportunity to support breakthrough, market-creating innovations across Europe and beyond. Under the pilot phase of the EIC Accelerator, a total of 293 start-ups and SMEs were selected to receive a grant and/or a direct equity investment to support their scale-up.
Source: European Commission, 2023