Blended Finance

€435 million in the form of grants, equity investments or blended finance were awarded to firms in the energy sector between 2014-2022. 600+ energy projects were funded by Europe's flagship EIC Accelerator programme (formerly known as SME instrument under Horizon 2020). The EIC Accelerator programme helps high-risk, innovative SMEs and start-ups willing to develop and commercialise new products,...

€565 million in the form of grants, equity investments or blended finance were awarded to German firms between 2014-2022. Over 400 German 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...

€185 million in the form of grants, equity investments or blended finance were awarded to Norwegian firms between 2014-2022. Nearly 150 Norwegian 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...

€250+ million in the form of grants, equity investments or blended finance were awarded to Italian firms between 2014-2022. 700+ Italian 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...

€293 million in the form of grants, equity investments or blended finance were awarded to Finnish firms between 2014-2022. 176 Finnish 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...

€15 million in the form of grants, equity investments or blended finance were awarded to Greek firms between 2014-2022. 33 Greek 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,...

€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...

Between 2014-2022, over 150 Irish companies have been successful in applying for funding from Europe's flagship EIC Accelerator programme (previously called SME instrument under Horizon 2020). €223 million have been awarded in the form of grants, equity investments or a combination of the two: blended finance.The EIC Accelerator programme helps high-risk, innovative SMEs and start-ups willing to...

At Winnovart, we are currently researching the impact of blended funding programmes on the European innovation & investment ecosystem. We believe that blended funding (mixing grants & equity investments) is the most interesting development in the European grants-funding ecosystem for many years, promising to reshape its future.The EIC Fund is one of the largest blended-funding programmes in...

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...