EIC ACCELERATOR

On the one hand, necessary work steps towards a product that is ready to conquer the market funded:

• Construction of demonstrators and testing with customers
• Clinical studies, work on obtaining approvals
• Up-scaling, miniaturization, revision of design and construction
• Adaptation to different market requirements in different EU countries

On the other hand, activities are also supported to develop a commercialisation and financing strategy with regard to market introduction:

• Development of sales structures and a sales team, establishment of sales partners
• Development of a price model
• Development of a marketing and communication strategy and associated measures
• Detailing the Business Plan
• Evaluation of the financing requirements and approach of potential investors

• The funding amounts to 0.5 to 2.5 million €. At the beginning of the project you will receive pre-financing of up to 55% of the funding amount, a further 30% after your interim report and the remaining amount after your final report.
• In addition, you will receive coaching and mentoring measures of up to 12 days.
• Admission to the Business Acceleration Services is also part of the sponsorship.

These are structured as follows:

   Personnel costs (person months x gross salary)
+ Travel expenses (to customers, trade fairs, partners, ...)
+ Materials (e.g. for production, tests, marketing, certifications, training, ...)
+ Equipment (depreciation during the project)
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= direct project costs

+ Overhead rate (surcharge of 25% of the direct project costs)
+ External services (costs for external service providers)
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= Total project costs

Funding: 70% of the total project costs