The EIC Accelerator supports start-ups, spinout companies and individual Small and Medium Enterprises (SMEs) in developing and scaling game-changing innovations. Sometimes, it will also help small mid-caps of up to 500 employees.
Myriad is Ireland’s leading specialist EIC Accelerator grant adviser. Our talented bid writing team boasts some of Europe's highest success rates.
We’ve created four simple sections to help you understand how the EIC accelerator works and whether your business could be eligible for funding.
The EIC Pathfinder and Accelerator are the two main funding instruments under the EIC.
The Pathfinder funds lower Technology Readiness Levels (TRLs), trans-disciplinary research-intensive projects in breakthrough areas of science through multi-beneficiary projects. The Accelerator funds mono-beneficiary and highly innovative projects at higher TRLs, which are viable but not bankable due to their level of risk.
The EIC Accelerator can inject a large amount of cash into your project, offering support with:
Additionally, companies selected for EIC funding can take advantage of various benefits as part of the EIC community. This includes mentoring and coaching opportunities and access to investors and corporates.
Any organisations that are based within an EU member state can apply for EIC Accelerator support.
As well as countries associated to the Horizon Europe programme. Your company will also be particularly welcomed if it is an SME or start-up that has a female CEO.
The EIC Accelerator provides blended finance (Innovation and Market Deployment Action), which consists of the following:
If you apply for EIC blended finance only, you can opt to receive the investment component only. Find out more in the EIC Work Programme 2022.
"Marc and his team assisted Hooke Bio in securing EIC Accelerator funding (blended finance). I doubt we would have successfully navigated the complicated EIC process and portal without Marc's in-depth knowledge of the portal's structure and strategic grant writing. He has fantastic attention to detail, is easily contactable and always very clear with his feedback. Marc's assistance does not end with notification of the funding; he continues to advise, assist and put us in contact with others in his vast network who have received similar funding."
Dr Finola Cliffe
Hooke Bio Ltd
"Marc and his team have been an excellent support to Luminate, advising on DTIF and EIC Accelerator grant submissions. They have an obvious understanding of the funding requirements and have supported us through all phases, from grant writing to interview preparation. I would highly recommend him for support on deeptech funding applications."
Aaron Hannon
Luminate Medical
“Marc and the Myriad team helped us apply for and secure an EIC Accelerator Grant. I would recommend Marc and the wider team to anyone applying for this or any other type of funding. He has an incredible talent for structuring and writing technical content such that it is both easy to understand and compelling and a knowledge of the process that is second to none. Consultants often have a sometimes-earned reputation for "give me your watch, and I'll tell you the time". Marc could not be more different to this. His optimism, proactivity, resilience and sense of humour kept us going through a challenging process from beginning to end. I lost count of the number of times he has said, "Don't worry, I'll do that". He's also a great bloke, and I look forward to having the opportunity to work with him again in future.”
Dominic Griffiths
Alesi Surgical
"Marc is the best in the grant funding business, with a stellar success rate at innovation funding mechanisms. He acts as a guide to enable the reviewer to be the hero - clarifying your message so the audience will listen - and his approach works. I've heard Marc described as a great grant writer and editor, but that description is an injustice to his deep expertise, effort, and skill. We've had a 100% success rate for all applications we've worked with Marc - notably EIC Accelerator grant-first (plus future equity) success in 2021."
Stephen Cox
Invera Medical
“Kite Medical had the pleasure of working with Marc on a recent grant application to the EIC Accelerator, which was successful. Marc became part of our team during this time and was a consistent calming influence. He is so knowledgeable about this process and works so efficiently that it significantly enhanced our experience. We would be more than happy to recommend Marc and his team at Myriad.”
Joan FitzPatrick
Kite Medical
"Lauren and the Myriad team helped us apply for and secure funding through the Disruptive Technologies Innovation Fund (DTIF). Lauren was instrumental in our success, providing CergenX and the other consortium members with clear guidance, advice, and writing expertise. I look forward to continuing this working relationship, and I would recommend Lauren and the wider team to anyone applying for this or any other funding of this type."
Jason Mowles
CergenX
"The Galenband team collaborated with Lauren through Myriad to prepare our grant submission. Throughout this process, Lauren demonstrated a wealth of knowledge, offering insights and clarity on the nuanced details of a grant application. This significantly expedited and streamlined the proposal and interview preparations. We look forward to continuing our collaboration with Lauren during the grant agreement process and sincerely appreciate the support received thus far."
Oisín McGrath
Galenband
"We worked with Lauren and Marc at Myriad for over a year in preparing our submission for the EIC Accelerator, and they were a pleasure to work with during that time. They helped us with every step from proposal writing to interview preparation and were key to our success in securing the approval for a Grant-First Award of €2.5m followed by €6m in equity. We continue to work with Lauren and Marc since their experience is invaluable in the ongoing management of our grant, and it frees me up as CEO to focus on driving the business, knowing that I am in their safe, guiding hands. I couldn't recommend Lauren, Marc and Myriad highly enough!"
Peter F Doyle
BioSimulytics
"We worked with Lauren and Marc at Myriad for over a year in preparing our submission for the EIC Accelerator, and they were a pleasure to work with during that time. They helped us with every step from proposal writing to interview preparation and were key to our success in securing the approval for a Grant-First Award of €2.5m followed by €6m in equity. We continue to work with Lauren and Marc since their experience is invaluable in the ongoing management of our grant, and it frees me up as CEO to focus on driving the business, knowing that I am in their safe, guiding hands. I couldn't recommend Lauren, Marc and Myriad highly enough!"
Mark Brassil
Smart Reactors Ireland and Cerefuze Medical Devices UK Ltd
"Working with Rehman on our EIC grant submission was more than a pleasure. He has much experience in grant writing. We were successful with his expert guidance and support. I enjoyed working with Rehman; he was knowledgeable and highly motivated approach. I highly recommend working with Rehman for his professional services and personality. Thanks for all your help, Rehman! You did a great Job!"
Shahar Shaked
BioProtect Ltd
“As a result of working with Myriad, we have secured grant funding on three separate occasions, and we're currently waiting for the results of another grant application we've made. We certainly think that with Myriad’s help, we've been able to produce a very strong application.”
Chris Stanford
Arden Biotech
”Once we met with Marc, it became apparent he understands precisely what the EU is looking for. Even though it was our grant, our proposal, and it was for our company, we could feel he was invested in it. He just had little ideas that really helped to make sure we got all the marks that were going."
Dr Kate Reddington
BioProbe Diagnostics
"Marc and the Myriad team are such pros; his work ethic and attention to detail, coupled with his strategy guidance, are so compelling, and his results speak for themselves; it can't be all down to luck.”
Tony Killarney
ONK Therapeutics
Applying for a grant is a time-consuming and resource-intensive process. With our grant bid writing service, we can work with you to prepare an application that gives your project the best chance of success.
Each grant competition has its own rules and requirements. You need to ensure that your innovation meets the competition scope and that you are eligible to apply. You can contact us for further guidance to determine whether you're applying for the correct competition.
Grant applications are usually examined by independent experts in the area of innovation identified in the application. The number of experts scoring the application depends on the grant awarding body.
Award-winning projects will involve breakthrough technologies and disruptive innovations that draw on unique strengths from Europe and provide global opportunities to scale up.
Myriad have an enviable track record with R&D grant applications. Using our grant application services can give you a significant competitive advantage over other grant applicants.
Our grant bid writers have secured over €300m for our clients in the last three years. We are also very proud to have secured some of the highest-scoring applications in Europe, with five of our projects scoring 15/15.
About Myriad AssociatesThe Fast Track scheme (known as ‘Fast Tracking’) comes under Horizon Europe. This means funding bodies managing other parts of the Horizon Europe programme can submit projects directly to the EIC Accelerator's complete application stage. However, this is subject to a review of the ongoing project.
At the moment, fast-tracking is done by the European Institute of Innovation and Technology (EIT) by a number of its Knowledge and Innovation Communities as well as by the EIC for the Pathfinder and Transition projects.
The Plug-in scheme is very different from the Fast Track scheme; however, there’s one difference: It only applies to proposals resulting from existing regional or national programmes. Bear in mind that the scheme is not yet up and running as the EIC is currently assessing relevant programmes - we will update this webpage in due course.
Generally, you’ll receive feedback about your EIC Accelerator application within four weeks. If your application meets the essential criteria for EIC Accelerator funding, you’ll then need to prepare a full application to submit to one of the periodic cut-off dates for Accelerator Open or Accelerator Challenge funding.
The European Innovation Council (EIC) is part of Pillar III Innovative Europe and supports European innovators in all fields of disruptive, market-creating innovations. It supports both research-intensive transdisciplinary projects (Pathfinder) and close-to-market mono-beneficiary projects (Accelerator).
It is crucial to keep the European point of view in mind and ensure that your project:
Each funding competition has its own timelines. For the EIC Accelerator, you can expect results from the initial short application stage (expression of interest) in 2-4 weeks following submission. Results are typically within five weeks of submission, with interviews nine weeks after the submission deadline.
The European Research Area (ERA) is a concept that seeks to establish a unified single area in which scientific knowledge, technology and researchers can circulate freely. ERA provides a framework for European policies geared towards removing barriers to mobility and putting the necessary conditions in place for scientists to move more easily, have better access to funding and concentrate on their research. A new ERA Communication is foreseen in 2020.
The EIC Pathfinder and Accelerator are the two main funding instruments under the EIC. The Pathfinder funds lower Technology Readiness Levels (TRLs), trans-disciplinary research-intensive projects in breakthrough areas of science through multi-beneficiary projects. The Accelerator funds mono-beneficiary and highly innovative projects at higher TRLs, which are viable but not bankable due to their level of risk.
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