EIC Accelerator winners March 2022

For some people, the Olympic games is the most awaited competition. For some others, it’s all about football. But for some others, the EIC calls are the events of the year.

As the first call of this year was on March 23, 2022, results have been recently published:

• 74 companies have been funded by the EIC in the March 2022 call with a total of €382M,
• Germany, France and Finland are the top 3 countries,
• 51% of the approved projects requested blended finance.

2022 EIC Accelerator cut-off

 From over 1000 start-ups and SMEs, 74 disruptive companies have been selected by the European Commission in the March 2022 EIC Accelerator cut-off. Through grants and investments, companies will receive €382 million of funding and/or equity investments, depending on their needs, worth up to €17.5 million. The following chart summarizes the EIC winners March 2022 per application type:

In this first cut-off of 2022, the geographical focus spread to 18 countries. The top 3 countries with regards tothe number of selected companies are Germany (20%), France (16%) and Finland (8%), while Poland and Portugal (4%), Bulgaria (3%) and Estonia (1%) are the are the countries with the fewest applications accepted. 12% of the applications come from Horizon Europe widening countries that are upgrading their levels of research and innovation, in line with the objectives of the European Research Area.

Within the selected projects and companies that will receive the support of the EIC, we find some of them that focus on the healthcare area, such as Seven Sense, from Estonia, or I-CREATE, from Finland. Others focus on the environment and energy field, such as LAYER, France-based, or Seawei Project, from Denmark. Finally, we find Magrail (from Poland) which has a focus on mobility, and the German Mushlabs, with a focus on biotechnology applied to food.

The table below includes the full list of winners:

By Sara Gavidia