--- title: EIC Accelerator - March 2023 Results description: Innovation funding and grants for SMEs and small mid-caps during 2021-2027. EU funding, EIC Accelerator, EIC Fund, Venture Capital. image: https://landing.winnovart.com/hubfs/EIC%20Accelerator%20banner%20300%20x%20175.png --- ![Winnovart](https://landing.winnovart.com/hs-fs/hubfs/logo/winnovart%20logo.jpg?width=300&height=54&name=winnovart%20logo.jpg "Winnovart") ![EIC Accelerator Extended Banner](https://landing.winnovart.com/hubfs/EIC%20banners/EIC%20Accelerator%20Extended%20Banner.png "EIC Accelerator Extended Banner") ## EIC Accelerator Results March 2023 --- ![EIC Accelearotor March 2023 cutoff](https://landing.winnovart.com/hs-fs/hubfs/Imported%20sitepage%20images/EIC%20Accelearotor%20March%202023%20cutoff.png?width=728&height=409&name=EIC%20Accelearotor%20March%202023%20cutoff.png)   Source: Data published by the EIC ### Summary --- The results for the EIC Accelerator’s March 2023 cut-off: - 51 companies have been selected for funding.  - 86% of applicants have been selected to receive €197 million in the form of blended finance. - The total requested budget by the 51 companies is €261 million.  - The success rate for full applications was 9.25% - Almost 30% per cent (15 of the 51 companies) have a female CEO, CTO (Chief Technology Officer) or CSO (Chief Scientific Officer). The overall success rate is 9.25% 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 January 2023,](https://landing.winnovart.com/eic-accelerator-january-2023-results)[EIC Accelerator Results October 2022](https://landing.winnovart.com/eic-accelerator-october-2022-results)   ### Winners by Funding Type and Country  --- 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-Jun-27-2023-10-47-34-2839-AM.png?width=750&height=451&name=image-png-Jun-27-2023-10-47-34-2839-AM.png) Source: Data published by the EIC The Netherlands was the country home to the most winners (8), followed by France(6) and the United Kingdom and Israel (5) ![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Jun-27-2023-04-07-37-3161-PM.png?width=750&height=474&name=image-png-Jun-27-2023-04-07-37-3161-PM.png) Source: Data published by the EIC   ### Blended Finance Winners by Country  --- For the March 2023 cut-off, 23 companies have been awarded blended finance and no companies have been awarded equity-only investment. 22% of the winners are based in the Israel region and 13% are based in Netherlands and France and Sweden, around 9% are based in Ireland and Germany and 4% are based in Portugal, Poland, Norway, Austria and Belgium ![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Jun-27-2023-04-12-17-8820-PM.png?width=750&height=521&name=image-png-Jun-27-2023-04-12-17-8820-PM.png) Source: Data published by the EIC ![](https://landing.winnovart.com/hubfs/image-png-Jun-27-2023-04-08-58-4593-PM.png) Source: Data published by the EIC   ### Total Blended Finance --- A total of €167 million was awarded for this call. The top 3 countries that have secured the most blended funding are Israel (30%), France (15%) and the Netherlands (10%). ![](https://landing.winnovart.com/hs-fs/hubfs/undefined-Jul-04-2023-02-27-52-1479-PM.png?width=750&height=437&name=undefined-Jul-04-2023-02-27-52-1479-PM.png) Source: Data published by the EIC ![](https://landing.winnovart.com/hs-fs/hubfs/image-png-Jun-27-2023-05-00-11-6392-PM.png?width=750&height=466&name=image-png-Jun-27-2023-05-00-11-6392-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 January 2023,](https://landing.winnovart.com/eic-accelerator-january-2023-results)[EIC Accelerator Results October 2022](https://landing.winnovart.com/eic-accelerator-october-2022-results)   ### Resources --- 1. EIC Cut-off Announcement: [https://eic.ec.europa.eu/news/european-innovation-council-accelerator-new-group-deep-tech-start-ups-selected-get-funding-and-2023-06-19\_en](https://eic.ec.europa.eu/news/european-innovation-council-accelerator-new-group-deep-tech-start-ups-selected-get-funding-and-2023-06-19_en)    [Learn more about the eic accelerator](https://landing.winnovart.com/eic-accelerator-overview-of-challenges-2023)     --- At Winnovart, it is part of our mission to bridge the gap between stakeholders of the grants-funding market-space across Europe. We believe in the potential of grants to create ecosystems that drive innovation, and growth and reduce disparities between the regions of Europe.  Our aim is to support innovative SMEs, private investors and funding agencies to become part of this ecosystem and make the most of it. Our presence in Western, Eastern and Northern Europe enables us to create international business cases for our clients, in the context of attractive funding programmes as well as beyond it, by opening up international development opportunities. For more updates on funding opportunities, please follow us on social media: [Facebook](https://www.facebook.com/winnovart/), [Linkedin](https://www.linkedin.com/company/winnovart/) or [Twitter](https://twitter.com/Winnovart). | For more details about Winnovart please check our [**website**](https://www.winnovart.com/). If you would like to be contacted by our experts please reply to **[office@winnovart.com](mailto:office@winnovart.com)** or [**contact us here**](https://share.hsforms.com/12eOIDF_JRbGTQ5Rv8YJnFA2cxgb) and we will get in touch very soon.  | | --- |