The Swiss Accelerator is a grant funding programme designed to accelerate the growth of highly innovative start-ups and SMEs based in Switzerland.
The Swiss Accelerator is looking for high potential, high risk and ambitious projects focused on developing, commercialising and scaling breakthrough technology.
Successful companies must have funding available to cover 30% of the project costs.
The Swiss Accelerator is a highly competitive 3-step process.
The short application can be submitted via the PrivaSphere transfer platform.
There is 1 cut-off date in 2022 for the short application, which expired on the 10th of May 2022.
The short application is evaluated by three independent Innosuisse-experts, selected based upon their experience and knowledge in project management, technology and innovation, investment and finance, and entrepreneurship and business.
Only proposals receiving a GO from all the experts are invited to prepare a full application (Step 2).
The full application can be submitted via the PrivaSphere transfer platform.
There is 1 cut-off date in 2022 for the full application, expected during the summer. Innosuisse will inform the selected companies of the final submission deadline in writing.
A due diligence of the application is performed by an external partner. Three independent experts evaluate the full application; applications receiving a GO on all the criteria are selected to the interview (Step 3).
Innosuisse will invite the selected applicants to pitch to a jury of experts and members of the Innosuisse Innovation Council. The online presentation should aim to introduce both the project and the team in person.
Interviews are expected to take place in autumn/winter.
Based on the presentation, jury members make a final assessment. The final decision on the application is made by the Innosuisse Innovation Council.
Swiss Accelerator projects will be evaluated against the following criteria, focusing on mature and ambitious projects:
The Swiss Accelerator is a transitory measure to support companies that currently have no access to the European Innovation Council (EIC) Accelerator funding programme. Depending on whether Switzerland will remain a non-associated third country in the EU's Horizon Europe framework programme or not; there will either be a Swiss Accelerator call, or highly innovative start-ups and SMEs based in Switzerland will regain access to the EIC Accelerator.
The maximum Innosuisse contribution to the total project costs is CHF 2.5m. There is no minimum funding; however, supported projects are expected to be ambitious and mature, requiring an average funding of CHF 2m (this should not be considered as a strict target, but is intended to give a sense of scale).
There is no minimum or maximum duration. However, the expected duration of projects is approximately 2-3 years.
The required maturity level is at least TRL5 or higher.
Yes, as long as the company can sustain financially and administratively at least 30% of each project costs.
Only the costs that are necessary and related to the development of the innovation (products or services) to its competitive market readiness are eligible. The costs of activities that do not contribute to the innovation reaching competitive market maturity are not eligible, e.g. customer acquisition, marketing, building up a branch office in new market, etc.