---
title: EIC Accelerator - June 2023 Results
description: Innovation funding and grants for SMEs and small mid-caps during 2021-2027. EU funding, EIC Accelerator, EIC Fund, Venture Capital.
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---

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## EIC Accelerator Results June 2023

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![Screenshot 2023-11-01 at 4.18.30 PM](https://landing.winnovart.com/hubfs/Screenshot%202023-11-01%20at%204.18.30%20PM.png "Screenshot 2023-11-01 at 4.18.30 PM")

 

  Source: Data published by the EIC

### Summary

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The results for the EIC Accelerator’s June 2023 cut-off:

- 47 companies have been selected for funding. 
- 68% of applicants have been selected to receive €296 million in the form of blended finance.
- The total requested budget by the 47 companies is €349 million. 
- The success rate for full applications was 8.52%
- Almost 11% per cent companies have a female CEO, CTO (Chief Technology Officer) or CSO (Chief Scientific Officer).

The overall success rate is 8.52% This is because the success rate for short proposals submission must be considered. However, there is no publicly available data for the number of short proposals submitted.

 

Read more: [EIC](https://landing.winnovart.com/eic-accelerator-statistics-and-insights)[Accelerator Statistics & Insights](https://landing.winnovart.com/eic-accelerator-statistics-and-insights), [EIC Accelerator Results March 2023](https://eic.ec.europa.eu/news/european-innovation-council-accelerator-new-group-deep-tech-start-ups-selected-get-funding-and-2023-06-19_en), [EIC Accelerator Results Jan 2022](https://landing.winnovart.com/eic-accelerator-january-2023-results)

 

### Winners by Funding Type and Country 

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23 companies have won blended funding, 22 have won grant-first funding and 6 have won grant-only funding.

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-03-53-26-8375-PM.png?width=870&height=560&name=image-png-Nov-01-2023-03-53-26-8375-PM.png)

Source: Data published by the EIC

The France was the country home to the most winners (10), followed by Germany (4) and the United Kingdom, Portugal and Belgium (3)

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-03-53-43-4773-PM.png?width=884&height=528&name=image-png-Nov-01-2023-03-53-43-4773-PM.png)

Source: Data published by the EIC

 

### Blended Finance Winners by Country 

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For the June 2023 cut-off, 33 companies have been awarded blended finance and no companies have been awarded equity-only investment. 36% of the winners are based in the France region and 15% are based Germany, around 12% are based in the Netherlands and Belgium

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-03-54-53-4182-PM.png?width=838&height=492&name=image-png-Nov-01-2023-03-54-53-4182-PM.png)

Source: Data published by the EIC

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-03-59-18-9054-PM.png?width=846&height=566&name=image-png-Nov-01-2023-03-59-18-9054-PM.png)

Source: Data published by the EIC

 

### Total Blended Finance

A total of €296 million was awarded for this call. The top 3 countries that have secured the most blended funding are France , Portugal and Germany

 

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-04-01-31-3409-PM.png?width=894&height=510&name=image-png-Nov-01-2023-04-01-31-3409-PM.png).

 

Source: Data published by the EIC

![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Nov-01-2023-04-01-51-5517-PM.png?width=804&height=528&name=image-png-Nov-01-2023-04-01-51-5517-PM.png)Source: Data published by the EIC

 

Read more: [EIC](https://landing.winnovart.com/eic-accelerator-statistics-and-insights)[Accelerator Statistics & Insights](https://landing.winnovart.com/eic-accelerator-statistics-and-insights), [EIC Accelerator Results March 2023](https://landing.winnovart.com/eic-accelerator-2023-results-march2023)[,](https://landing.winnovart.com/eic-accelerator-january-2023-results)[EIC Accelerator Results Jan 2023](https://landing.winnovart.com/eic-accelerator-january-2023-results)

 

### Resources

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1. EIC Cut-off Announcement: https://eic.ec.europa.eu/news/european-innovation-council-accelerator-strong-performance-engineering-and-tech-based-companies-2023-10-30\_en

 

[Learn more about the eic accelerator](https://landing.winnovart.com/eic-accelerator-overview-of-challenges-2023)

   

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