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European Innovation Grants
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EIC Accelerator: Boosting Breakthrough Innovations

The EIC Accelerator is a flagship program designed to support industrial and technological SMEs with disruptive innovations. It offers funding covering up to 70% of project costs, with grants ranging from €500,000 to €2.5 million. This program is aimed at businesses with high-potential European and international projects that also have a significant societal impact.

Key Features:

🔹 Funding Type: Grants covering up to 70% of costs
🔹 Available Amounts: Between €500,000 and €2.5 million
🔹 Eligibility Criteria: Innovative projects with strong international expansion potential
🔹 Focus Areas: Disruptive innovations with technological and societal impact
🔹 Success Rate: In 2023, the success rate for EIC Accelerator projects was around 10%, highlighting the competitive nature of this funding

Horizon Europe: Funding for R&D and Innovation

The Horizon Europe program finances research and development (R&D) projects, covering up to 100% of costs for industrial and technological companies. It supports initiatives that strengthen European industrial competitiveness or address global challenges such as sustainability, inclusive societies, security, and digital transformation.

Why Choose Horizon Europe?

Funding Rate: Covers 70% to 100% of R&D expenses
Focus Areas: Sustainability, digital transformation, security, inclusive society, and more
Partnerships: Collaborative or individual projects with European stakeholders
Success Rate: 12% to 15% success rate in 2023, making it a competitive but achievable funding option

Additional European Innovation Grants

Several other European funding programs support a wide range of industries and initiatives.

European Regional Development Fund (ERDF)

Objective: Reduce development disparities between EU regions.

Key Funding Areas:

  • Infrastructure: Financing essential infrastructure projects
  • Business Support: Helping SMEs strengthen competitiveness and innovation
  • Research & Innovation: Supporting scientific and technological advancements

European Agricultural Fund for Rural Development (EAFRD)

Budget: €95.5 billion for 2021-2027

Key Actions Supported:

  • Agricultural Competitiveness: Financial aid for farm modernization
  • Rural Development: Initiatives for economic growth and social inclusion

Explore More Funding Opportunities
These are just a few examples of the many funding options available in the EU. To discover more grants tailored to your needs, book a consultation with our expert team today!

Why Choose AREAD for European Grant Applications?

Accessing European funding provides multiple benefits:

Increased visibility for your business
European commercial partnerships
Coverage of R&D, hiring, and investment costs
Enhanced expertise through large-scale international projects

However, securing these grants is highly competitive:
Complex application process in English
Highly selective calls for proposals
Limited success rates (only 12% of French applications were selected under Horizon Europe in 2023, compared to 17.5% under Horizon 2020)

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