09 Feb The EIC Accelerator Report
The EIC Accelerator 2022 & Cumulative data report
Dear Reader and data aficionado welcome back to our monthly newsletter! This issue will be shorter than usual as its main goal is to promote the release of the EIC Accelerator data-driven report. In this report, we present the some of the 2022 results and the cumulative data taking into account 2021 and 2022.
2022 and Cumulative FAs > F2F interviews > Winners
In 2022, more than 3,000 full applications were sent while 739 companies were invited to the F2F interview resulting in 227 of them being deemed eligible for funding. The FA > W success rate went down from 9% in 2021 to 7% in 2022. In the image below the overall cumulative data.
Considering the two years combined, 5,000 full applications were submitted confirming the popularity of this funding scheme. 21% or 1,082 of the companies were invited to the F2F interview resulting in 391 of them being awarded funding. The overall success rate from FA > W is now at 8%
Country Ranking by # of companies | 2022 & Cumulative
In 2022, Germany overtook France in becoming the overall leader with 36 companies selected for funding. Yet another strong performance from the NL, while the UK did way better than in 2021. Greece, Slovenia and Luxembourg saw their first winners in the EIC Accelerator. The ranking based on cumulative data in the image below.
France is still the overall leader in the EIC Accelerator followed by Germany and the Netherlands. The three best performers are showing consistency in each cut-off highlighting the excellence in their innovation ecosystems.
Country Ranking by amount raised | 2022 & Table recap
In 2022, even if it dropped to the second place in the # of successful companies ranking – France still retains its first place in the total amount of funding raised from the EIC Accelerator. Germany and the Netherlands confirmed their strong 2022 performance alongside Finland able to secure more than €100mn for its 21 winners. The comprehensive table below presents the cumulative data broken down by # of successful companies, the total amount awarded, the average raised per company and all the data re the funding types.
The Full Report
To request the report, please fill in the form on our website EIC Accelerator Report. I hope you will enjoy the report and find it useful. Until next time, take care of yourself and your loved ones.