EIC says that just about 30 per cent (15 of the 51 firms) have a feminine CEO, CTO (Chief Know-how Officer) or CSO (Chief Scientific Officer).

The European Innovation Council (EIC) additionally introduced that almost all firms making use of for grant financing will obtain their funds inside the subsequent two to 3 months whereas funding choices might be made inside two months. 

Seal of Excellence

88 purposes, which efficiently met all the standards on the distant analysis stage and have been assessed positively by the EIC jury however not really helpful for funding, might be awarded a Seal of Excellence. 

EIC says this initiative will help these promising tasks in securing different funding sources, together with Restoration and Resilience Funds and European Regional Growth Funds. 

EIC Accelerator

The EIC Accelerator programme helps particular person Small and Medium Enterprises (SMEs), significantly startups and spin-out firms, to develop and scale ground-breaking improvements. 

The programme affords startups and SMEs grants of as much as €2.5M mixed with fairness investments via the EIC Fund starting from €0.5M to €15M. 

Along with monetary assist, all tasks profit from Enterprise Acceleration Providers. These providers present entry to main experience, corporates, traders and ecosystem actors.

“Corporations can submit their concepts to the EIC Accelerator at any time, that are evaluated inside roughly 4 weeks. For concepts assembly the EIC standards for excellence, impression and risk-level, firms are invited to organize full purposes to undergo one of many common deadlines,” says EIC. 

The following cut-off for EIC Accelerator full proposals is October 4, 2023.

8 firms from the Netherlands have been chosen for the accelerator programme. 

In line with the Netherlands Enterprise Company (RVO), the eight successful Dutch startups will increase €37M (€19M in subsidies and €18M in investments) in funding within the second spherical of 2023 of the European Innovation Council (EIC) Accelerator programme. 

“Because of this the Netherlands has the most important variety of winners in Europe,” says RVO. 

The successful startups from the Netherlands are:

GeNEWity 

HQ: Leiden

Really helpful finance kind: Grant First

GeNEWity develops groundbreaking remedy for the restoration of the thymus (often known as the thymus, an organ, ed.) and thus the adaptive immune system (that a part of the immune system that reacts after contact with a pathogen).

Magneto 

HQ: Delft

Really helpful finance kind: Grant First

Magneto‘s expertise affords an alternative choice to producers of home equipment for cooling and heating in addition to waste warmth to energy conversion. 

The Dutch firm says its different has zero greenhouse gasoline emissions, saves as much as 30 per cent of energy consumption to their shoppers and has decrease price of possession.

Morphotonics

HQ: Veldhoven

Really helpful finance kind: Grant First

Morphotonics is growing expertise to scale up waveguide manufacturing for Augmented Actuality (AR). The corporate’s creation was impressed by the Morpho butterfly’s nanotextured wings and light-weight science.

Mu-G Information Administration BV

HQ: Delft

Really helpful finance kind: Blended Finance

PATS permits greenhouse farmers to considerably scale back and eradicate flying insect pest populations. 

To fight pests, the corporate makes use of sound, gentle, and drones. These ‘fighters’ can be utilized in orchards.  

Orange Quantum Techniques

HQ: Den Bosch

Really helpful finance kind: Grant First

Orange Quantum Techniques delivers diagnostic techniques to create higher quantum chips. The corporate’s platform makes it potential to check a number of quantum chips concurrently and quicker.

Pamgene

HQ: Den Bosch

Really helpful finance kind: Blended Finance

Pamgene has developed new biomarker assays for personalised most cancers remedy.

Stentit 

HQ: Eindhoven

Really helpful finance kind: Blended Finance

Stentit has developed a stent of soluble nanofibers for the pure restore of blood vessels. 

Thirona 

HQ: Nijmegen

Really helpful finance kind: Grant First

Thirona is creating AI software program that analyses and quantifies CT scans, serving to pulmonologists decide the optimum remedy for his or her sufferers.