Winnovart News

EIC Fund - Performance in Denmark

Written by Demmis Necula | May 22, 2023

€212 million in the form of grants, equity investments or blended finance were awarded to Danish firms between 2014-2022. Over 200 Danish firms succeeded in applying for funding from Europe's flagship EIC Accelerator programme (previously called SME instrument under Horizon 2020).

The EIC Accelerator programme helps high-risk, innovative SMEs and start-ups willing to develop and commercialise new products, business models, and services. These developments could potentially drive economic growth and influence new markets or disrupt existing European or global markets. The EIC Accelerator programme opens funding and investment opportunities worth over €1.13 billion. 

EIC Funding Impact in Denmark


Between 2014-2022, over 200 companies have been successful in applying for funding from Europe's flagship EIC Accelerator programme (previously called SME instrument under Horizon 2020). €212 million have been awarded in the form of grants, equity investments or a combination of the two: blended finance. 

Danish firms represent 3.8% of the successful applicants to this programme. 4.2% of the total funding awarded has been won by  Danish firms. 

Read more: https://landing.winnovart.com/eic-fund-performance-in-denmark

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