--- title: EIC Fund - Valuation Methods & Forms of Investment description: Innovation funding and grants for SMEs and small mid-caps during 2021-2027. EU funding, EIC Accelerator, EIC Fund, Venture Capital. --- [Skip to content](https://www.winnovart.com/news/eic-fund-valuation-methods-forms-of-investment#main-content) [![](https://www.winnovart.com/hs-fs/hubfs/logo-new1.jpeg?width=286&height=75&name=logo-new1.jpeg)](https://winnovart.com) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) # EIC Fund - Valuation Methods & Forms of Investment [Demmis Necula](https://www.winnovart.com/news/author/demmis-necula) May 15, 2023 The European Innovation Council (EIC) Fund is the investment vehicle of the EIC Accelerator programme - the European Commission's flagship innovation funding programme. With a budget of €3 billion from 2021-2027, the EIC Fund is positioned to be one of Europe's largest deep-tech venture capitalists (VCs) during this period. Through the structure of the fund, a minimum of €3 billion of private funds will be invested alongside the EIC Fund during this period. The EIC aspires to crowd in a further €30bn-€50bn as one of its six strategic goals.   Valuation Methods In most cases, the EIC Fund will not be valuing companies which apply for funding via the EIC Accelerator programme. For the purpose of equity investment, the EIC Fund will generally adopt the valuation as set out by the private co-investor(s) since this would represent a market value.  A non-exhaustive list of valuations methods used by the private market can be found below: ![EIC Investment Guidelines Valuation Methods](https://www.winnovart.com/hs-fs/hubfs/EIC%20Investment%20Guidelines%20Valuation%20Methods.png?width=800&height=347&name=EIC%20Investment%20Guidelines%20Valuation%20Methods.png)   Possible Forms of Investment (Equity or Equity-type Investments) As stated in the Investment Guidelines document, "The financial instruments used by the EIC Fund will take, in priority, the form of equity or quasi-equity investments".  A list of standard equity and quasi-equity investments can be found below: ![EIC Investment Guidelines Possible Forms of Investment](https://www.winnovart.com/hs-fs/hubfs/EIC%20Investment%20Guidelines%20Possible%20Forms%20of%20Investment.png?width=800&height=167&name=EIC%20Investment%20Guidelines%20Possible%20Forms%20of%20Investment.png) Read more:  [https://landing.winnovart.com/eic-fund-valuation-methods-forms-of-investment](https://landing.winnovart.com/eic-fund-valuation-methods-forms-of-investment)  For ongoing updates about the EIC Fund, you can subscribe to our regular updates, [please get in touch with us](https://share.hsforms.com/1dbemDutMS7itxkKQ3pzEkw2cxgb), or follow us on [Facebook](https://www.facebook.com/winnovart/), [LinkedIn](https://www.linkedin.com/company/winnovart), [Twitter](https://twitter.com/winnovart).    Categories: [2020](https://www.winnovart.com/category/2020/), [EEA&Norway grants](https://www.winnovart.com/category/eeanorway-grants/), [HomePage](https://www.winnovart.com/category/homepage/), [News](https://www.winnovart.com/category/news/), [Winnovart Explainer](https://www.winnovart.com/category/winnovart-explainer/) | Tags: [blue growth croatia](https://www.winnovart.com/tag/blue-growth-croatia/), [business development and innovation croatia](https://www.winnovart.com/tag/business-development-and-innovation-croatia/), [business innovation projects croaitia](https://www.winnovart.com/tag/business-innovation-projects-croaitia/), [eeano croatia](https://www.winnovart.com/tag/eeano-croatia/), [funding for Croatian companies](https://www.winnovart.com/tag/funding-for-croatian-companies/), [green industry innovation croatia](https://www.winnovart.com/tag/green-industry-innovation-croatia/), [innovation croatia](https://www.winnovart.com/tag/innovation-croatia/), [innovation norway croatia](https://www.winnovart.com/tag/innovation-norway-croatia/), [winnovart explainer croatia](https://www.winnovart.com/tag/winnovart-explainer-croatia/) | [Permalink](https://www.winnovart.com/winnovart-explainer-eea-norway-grants-for-business-innovation-projects-in-croatia/) [News](https://www.winnovart.com/news/tag/news), [HomePage](https://www.winnovart.com/news/tag/homepage), [2023](https://www.winnovart.com/news/tag/2023), [Blended Finance](https://www.winnovart.com/news/tag/blended-finance), [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) ![EIC Fund - Updates & Insights](https://www.winnovart.com/hs-fs/hubfs/EIC%20Fund%20-%20Updates%20%26%20Insights.png?width=253&height=88&name=EIC%20Fund%20-%20Updates%20%26%20Insights.png) [![Facebook](https://www.winnovart.com/hubfs/social-media-icons/facebook-icon.png)](https://www.facebook.com/winnovart/) [![Twitter](https://www.winnovart.com/hubfs/social-media-icons/twitter-icon.png)](https://twitter.com/winnovart) [![LinkedIn](https://www.winnovart.com/hubfs/social-media-icons/linkedin-icon.png)](https://www.linkedin.com/company/winnovart) [Winnovart Surveys](https://www.winnovart.com/news/tag/surveys) [Subscribe to Winnovart's Newsletter](https://share.hsforms.com/16rADODCGRgKIED9KhD-HBA2cxgb) Check your funding readiness [Service options – Winnovart](https://www.winnovart.com/funding-highlights/eeanorway-grants/eeanorway-grants-news/eeanorway-bilateral-dimension/) [Contact us! \>\>](https://www.winnovart.com/contacts/) ### ARCHIVE [News & Updates 2021](https://www.winnovart.com/news/archive/2021) [News & Updates 2020](https://www.winnovart.com/news/archive/2020) [News & Updates 2019](https://www.winnovart.com/news/archive/2019) [News & Updates 2018](https://www.winnovart.com/news/archive/2018) [News & Updates 2017](https://www.winnovart.com/news/archive/2017) [News & Updates 2016](https://www.winnovart.com/news/archive/2016) [Go to Winnovart Surveys for fundraising intelligence](https://www.winnovart.com/news/tag/surveys) Copyright © 2010 - 2026 Winnovart [Disclaimer](https://www.winnovart.com/about-us/disclaimer)  |  [Privacy Policy](https://www.winnovart.com/privacy-policy2018/) [Follow us on Facebook](https://www.facebook.com/winnovart/) [Follow us on Twitter](https://twitter.com/winnovart) [Follow us on LinkedIn](https://www.linkedin.com/company/winnovart/)