Read about the statistics, success rates and the list of awarded projects
The results of the first EIC Accelerator cut-off date, which closed in June have been recently published. This is the first fully-fledged EIC Accelerator call beloging to the new Horizon Europe programme and therefore the results and statistics are of utmost interest to drawing conclusions about the best strategies to follow in subsequent calls.
Although the information published by the EIC is scattered and limited, we have tried to gather as much data as possible. The statistics of the results of the first call materialise the so-many changes made on the application and evaluation processes in 2021. Data speak louder than words!
First, let’s look at the core metrics delivered by the EIC:
- 65 companies will receive funding
- 92% (60) out of the winning companies will receive investment
- €363 million will be allocated to these companies
- €227 million will be allocated in the form of investment component
- Winners represent a total of 16 countries, being the top countries France (18%), Germany (17%) and Netherlands (12%)
- 20% successful proposals from female CEOs.
On top of that, 24 Swiss companies also obtained a GO at Step 2 but were deemed ineligible given the unfruitful negotiations between the Swiss Government and the EU. These projects will be funded directly by the Swiss government but the grant agreements are still under preparation. We at Strata have some good news from our Swiss clients that we hope we’ll be able to publish soon!
Overview
The following charts illustrate the results:


Other key metrics
The following table includes additional key metrics that are extremely important to future applicants:
Metric | Value |
Average awarded grant | 2.09 M€ |
Average awarded investment | 3.78 M€ |
Open call Step 2 submissions | 375 |
Digital and Health challenge Step 2 submissions | 426 |
Green Deal Step 2 submissions | 203 |
Total Step 1 submissions | 2000 |
Step 1 Success rate | 68% |
Total Step 2 submissions | 801 |
Step 2 proposals that did not reach the deadline or were abandoned | 554 |
Step 2 abandon rate | 41% |
Step 2 Success rate (incl. Swiss applicants) | 19% |
Number of interviews | 130 |
Step 3 (interview) success rate | 50% |
Overall success rate (Step 1- Step 3) incl. abandoned proposals | 3.25% |
Overall success rate (Step 1- Step 3) without abandoned proposals | 6.46% |
Overall success rate (Step 1 – Step 3) for grant-only applications | 3.62% |
Overall success rate (Step 1 – Step 3) for blended-finance applications | 8.30% |
Annual budget allocated to the EIC Accelerator Open call (million eur) | 592.5 |
Annual budget allocated to the EIC Accelerator Challenge Driven calls (million eur) | 495.1 |
Share of the annual budget disbursed | 33.38% |
Success rate Step 2 + Step 3 Open call | 9.44% |
Success rate Step 2 + Step 3 Challenge Driven calls | 6.95% |
Disclaimer: A number of assumptions have been made where data was not available:
- The Step 1 success rate was extrapolated based on a partial data published through LinkedIn by EIC representatives.
- The Topic success rates were calculated assuming the budget distribution has been maintained and distributed homogenously among the applicants (45.52% of awarded companies through the Challenge Driven calls)
Conclusions
Some interesting and surprising conclusions:
- The average grant is increasing
- The Step 2 success rate is surprisingly high (19% of GOs among all submitted proposals)
- The Step 2 abandon rate is also very high (41% of the Step 1 GOs didn’t submit a Step 2 proposal). Undoubtedly, the very short timeframe available in June since the release of the EIC application platform and the extraordinarily long and cumbersome Step 2 application form have achieved their goal in limiting the number of submitted proposals.
- The success rate for blended finance applications more than doubles the one for grant-only applications. It is however difficult to understand if this is due to the lower readiness level of grant-only projects, the lower quality of grant-only proposals or a biased evaluation process that favours blended-finance over grant-only operations.
- Contrary to popular thinking, the success rate seems to be higher for the Open call than for the Challenge driven calls. This might be due to the fact that the Challenges were actually quite broad and attracted a higher number of applications.
Annex: Full list
The full list of funded companies is included below.
Company Name | Proposal Acronym | Short description | Recommended Financing Type | Website | Country |
Perseus Biomics BVBA | Perseus MAP | Microbiome Abundance Profiling: Precision microbiome profiling for insights into human health & research | Full blended | https://www.perseusbiomics.com/ | Belgium |
VEOWARE | SATAGILITY-GO2MARKET | Innovative next-generation space actuator technology enabling satellites to manoeuvre 10 times faster to boost their effectiveness | Full blended | https://www.veoware.space | Belgium |
SUNRISE | SUNRISE Tx | Affordable light solution for treating sleep apnea | Full blended | https://uk.sunrise-sleep.com/ | Belgium |
SPECTRO INLETS APS | UBISpec | Ubiquitous in-line mass spectroscopy for industrial process monitoring and optimisation with sustainable impacts | Grant only | https://spectroinlets.com/ | Denmark |
Kaffe Bueno | KB-BIOREFINERY | A biorefinery for upcycling coffee waste into sustainable, healthy, high-value ingredients | Grant first | https://www.kaffebueno.com/ | Denmark |
SPARROW QUANTUM AS | QTOOL | Single-Photon Light Sources for Quantum Technologies | Full blended | https://sparrowquantum.com/ | Denmark |
Inprother Aps | CancERVacc | Targeting Cancer with ERV Vaccines | Full blended | https://www.inprother.com/ | Denmark |
Hoba Therapeutics ApS | Sense21 | HB-086 and HB-097 for treatment of chronic sensory neuronal disorders – neuropathic pain and hearing loss | Grant first | www.hobatherapeutics.com | Denmark |
MultiCharge OU | ACT | Ampher unique controller technology that enables using the full available grid capacity and allows charging up to 6x more EVs simultaneously with the same grid connection | Full blended | Estonia | |
Risutec | Forest Maker | New-generation integrated automated planter platform | Full blended | https://www.risutec.fi/ | Finland |
MINIMA PROCESSOR OY | MINIMA EDA | Ultra-low energy computing technology to make intelligent wireless devices energy efficient | Full blended | https://minimaprocessor.com/ | Finland |
GlucoModicum Oy | PREVENTDIABETES | The world’s first needle-free continuous glucose monitor to prevent and manage diabetes at scale | Full blended | https://glucomodicum.com/ | Finland |
LACTIPS | ECOLACTIPACK | A material to unlock plastic-free paper packaging for food | Full blended | https://www.lactips.com/ | France |
SABI AGRI | SWARM | Cultivate crops with a fleet of electric agroecological robots that preserve the soils | Grant first | www.sabi-agri.com | France |
SquareMind | SWAN | SWAN: Blitzscaling the early detection of skin cancer | Grant first | https://squaremind.io/ | France |
SAS UPMEM | ENERGIA/PIM | Accelerating datacentre performance through memory chips to efficiently manage the big data age | Grant first | https://www.upmem.com/ | France |
EVerZom | ACROBAT | Toward democratisation of extracellular vesicles-based therapies | Grant first | http://everzom.com/ | France |
Qubit Pharmaceuticals | ATLAS | Next generation HPC/QC in silico drug discovery platform leveraging the latest advances in high-performance and quantum computing | Full blended | https://qubit-pharmaceuticals.com/ | France |
ALICE & BOB | CatQubit | Universal quantum computers with self-correcting cat-qubit technology | Full blended | https://alice-bob.com/ | France |
Synovance | NextGen Dyes | Efficient bio-production of next generation dyes for sustainable fashion | Full blended | https://synovance.com/ | France |
AENITIS TECHNOLOGIES | ACI2021 | Reliable and durable composite bonding & fastening solutions | Equity only | www.aenitis.fr | France |
COLD PAD | C_CLAW_C_HAWK | C-CLAW – The revolutionary Non-intrusive mechanical Fastener that facilitates life extension of existing infrastructures | Full blended | https://www.cold-pad.com/ | France |
GANYMED ROBOTICS | Ganymed | Next-generation surgical robotics to set a new standard of care in orthopaedic surgery | Full blended | https://www.linkedin.com/company/ganymed-robotics/about/ | France |
OLEDCOMM SAS | SATELLIFE | Disruptive communication system based on LiFi technology for spacecrafts and aerospace infrastructure | Full blended | https://www.oledcomm.net/ | France |
Orbem GmbH | Orbem Genus | The Orbem Genus: AI-powered imaging technology for fast, accurate, and contactless object classification & analytics | Grant only | www.orbem.ai | Germany |
Seqana | Seqana | Breakthrough satellite-based SaaS (Software as a Service) solution | Grant first | https://seqana.com/ | Germany |
NEBUMA GmbH | KRAFTBLOCK | Scalable, modular, high temperature, cost-efficient thermal energy and power storage and conversion system made of upcycled industrial by-products | Grant only | https://kraftblock.com/de/ | Germany |
STABL Energy GmbH | SMART BATTERY | Increasing the efficiency, sustainability and lifecycles of battery systems through advanced module-level power electronics | Full blended | www.stabl.com | Germany |
ITHERA MEDICAL GMBH | FRONTIER | From research optoacoustic novelty to imaging established in routine diagnostics | Full blended | www.ithera-medical.com | Germany |
traceless materials GmbH | MaEtra | Market Entry traceless materials | Full blended | https://www.traceless.eu | Germany |
Smartlane GmbH | LogisticsBrain | Self-learning AI-based transport optimization software as a service for the most complex logis-tics scenarios in real-time enabling double-digit cost-, CO2- and tyre wear savings | Grant only | https://smartlane.de/de/ | Germany |
RadonTec GmbH | AlphaSensor | Making protection from cancer-causing radon available to everyone with a unique radon sensor: small, fast, reliable, connected, affordable | Grant first | https://radontec.de/ | Germany |
GrOwnValve GmbH | GrownValve | A prosthetic heart valve for adults and children, made from the patient’s own tissue, a replacement heart valve that lasts a lifetime | Full blended | https://www.grownvalve.com/ | Germany |
nyris GmbH | Nyris | Transforming industrial part replacement and after sales through visual search and synthetic images | Full blended | https://nyris.io/ | Germany |
PROSION GmbH | ProM | The ProM platform: New ways to drug the undruggable | Grant first | https://prosion.io/ | Germany |
AVeta Medical | AVeta | Hormone-free solution for vaginal atrophy | Grant first | https://avetamedical.com/ | Ireland |
Akara Robotics Limited | AVRICS | Akara Violet Robotic Infection Control System | Grant first | https://www.akara.ai/ | Ireland |
CRANNMED LTD | EmboSure | Disruptive, drug free treatment of knee osteoarthritis using novel materials and minimally invasive catheter delivery | Grant first | www.crannmed.com | Ireland |
Contego Sports Ltd | NProSend | Development and commercialisation of a next generation sports head guard, embedded with clinically validated sensors, for the detection of sports induced brain injuries | Grant first | https://www.n-pro.com/ | Ireland |
PROVERUM MEDICAL | ProVee II | Simple, safe and effective treatment solutions for benign prostatic hyperplasia (BPH), that can be provided in the doctor’s office. | Equity only | https://www.proverummedical.com/ | Ireland |
CorNeat Vision Ltd. | RESEE | A Revolutionary Artificial Cornea and Surgical Procedure | Grant only | https://www.corneat.com/ | Israel |
Innoventric Ltd | Trillium | A transcatheter functional valve replacement for tricuspid valve insufficiency | Full blended | https://www.innoventric.com/ | Israel |
Wi-Charge Ltd | WI-CHARGE | Wi-Charge is developing a paradigm-shift in wireless power systems that overcomes current limitations, allowing charging devices over the air with a range of 10 meters and available power that is 100X more than batteries | Equity only | www.wi-charge.com | Israel |
ZYGOFIX LTD | zLOCK | The first true minimally-invasive spinal fusion system | Full blended | http://zygofix.com/ | Israel |
enGenome srl | eVai | A novel bioinformatics SaaS platform to identify and classify the pathogenicity of single genomic variants and oligogenic variant combinations for the diagnosis and treatment of genetic diseases | Grant first | www.engenome.com | Italy |
VOISEED S.R.L. | ETTS | A ground-breaking Expressive Text-To-Speech platform to create emotionally resonant virtual voices | Full blended | http://voiseed.com/ | Italy |
UAB INOVATYVI MEDICINA | SER | Smart, sensory, tele-operated robotic system Sentante that for the first time ever enables fully robotic endovascular interventions | Grant first | www.sentante.com | Lithuania |
Orbisk BV | Binspector | Cutting-edge food waste solution for restaurants | Grant first | https://orbisk.com/ | Netherlands |
PLANT-E BV | Plant-e | Plant-powered energy harvesting system for IoT solutions | Grant first | https://www.plant-e.com/en/ | Netherlands |
SENSIUS B.V. | HyperCollar4D | Radical improvement of cancer treatment without additional negative side effects | Full blended | https://www.sensius.biz/ | Netherlands |
Blue Heart Energy B.V. | BHE | A new high-performance and environmentally clean engine for heat pumps, using thermo-acoustics technology | Grant first | https://www.blueheartenergy.com | Netherlands |
HARDT BV | Hyperloop for sustainable freight transport | Hyperloop, for smarter, faster, greener and better transportation starting with freight | Full blended | hardt.global | Netherlands |
MicroSure BV | MEETMUSA | Accelerating the impact of microsurgery by upscaling production of the world’s first microsurgical robot | Grant first | https://microsure.nl | Netherlands |
DELMIC CRYO BV | MIMAS Workflow | Unlocking the potential of cryo-electron tomography by simplification of the sample preparation workflow | Equity only | www.delmic.com | Netherlands |
VarmX BV | StopBleeding | The first effective and safe reversal agent to stop or prevent life-threatening bleeding in patients taking the emerging generation of anticoagulants. | Full blended | https://www.varmx.com/ | Netherlands |
N2 APPLIED AS | SmartNitroFarm Scale-up | Renewable fertiliser from air | Equity only | www.n2applied.com | Norway |
Bluegrove AS | Bluegrove Welfare Shield | Sustainable seafood production | Grant first | https://bluegrove.com/ | Norway |
Arboreabiofoods LDA | Biosolar Leaf | Disrupting the food ingredient and protein markets: a breakthrough technology for large-scale microalgae cultivation. | Grant first | http://arborea.io/ | Portugal |
RUBYNANOMED, UNIPESSOAL LDA | BRIGHT | Best-in-class cancer dIagnostic chip for patient stratification. | Full blended | https://www.rubynanomed.com/ | Portugal |
GLYCANOSTICS SRO | ProSCAN | Prostate cancer diagnostics using a non-invasive test based on innovative glycan-based scanning | Grant first | https://www.glycanostics.com/about-glycanostics | Slovakia |
FOLLOWHEALTH SL | HumanITcare | Revolutionising remote care of chronic disease patients – an interoperable and smart monitoring platform | Full blended | https://humanitcare.com/ | Spain |
BOUND 4 BLUE SL | bound4blue | Advanced sails to reduce environmental impact and OPEX of maritime transport | Full blended | https://bound4blue.com/en/ | Spain |
ROKA FURADADA SL | SMART UV | Smart Ultraviolet Radiation Filters | Grant first | https://www.rokafuradada.com/ | Spain |
Kasi Technologies AB | NESS New Electrified Supercharging System | NESS Dual Hybrid Systems’ cost-effective CO2 solutions to increased vehicle electrification and efficiency | Grant first | http://www.kasi-tech.com/ | Sweden |
Intelligent Implants Sweden AB | SmartFuse | SmartFuse: Game-changer to create a new gold-standard for spinal fusion surgery with wirelessly technology | Full blended | https://www.intelligentimplants.co/ | Sweden |