--- title: EIC Accelerator - January 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 January 2023 --- ![2023-01-11-Cut-off](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/2023-01-11-Cut-off.png?width=750&height=422&name=2023-01-11-Cut-off.png)   ### Summary --- The results for the EIC Accelerator’s January 2023 cut-off: - 32 companies have been selected for funding.  - 53% of applicants have been selected to receive €159 million in the form of blended finance. - The total requested budget by the 32 companies is €196 million.  - The success rate for full applications was 6.7%.  - This first cut-off in 2023 did not include the EIC Accelerator Challenges. The overall success rate is slightly lower than 6.7%. 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 October 2022](https://landing.winnovart.com/eic-accelerator-october-2022-results), [EIC Accelerator Results June 2022](https://landing.winnovart.com/eic-accelerator-june-2022-results)   ### Winners by Funding Type and Country  --- 17 companies have won blended funding, 3 have won grant-only funding and 12 have won grant-first funding. ![jan-23-dis](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-dis.png?width=750&height=535&name=jan-23-dis.png)Source: Data published by the EIC The Netherlands was the country home to the most winners (7), followed by Sweden, Denmark and Ireland (3).  ![jan-23-bar-dis](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-bar-dis.png?width=750&height=535&name=jan-23-bar-dis.png)Source: Data published by the EIC   ### Blended Finance Winners by Country  --- For the January 2023 cut-off, 17 companies have been awarded blended finance and no companies have been awarded equity-only investment. 29% of the winners are based in the France & Benelux region and another 29% are based in the Nordics. 12% of the winners are based in the CEE region.  ![jan-23-bar](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-bar.png?width=750&height=535&name=jan-23-bar.png)Source: Data published by the EIC ![jan-23-pie](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-pie.png?width=750&height=535&name=jan-23-pie.png)Source: Data published by the EIC   ### Total Blended Finance --- A total of €159 million was awarded for this call. The top 3 countries that have secured the most blended funding are the Netherlands (28%), France (11%) and Ireland (11%).  ![jan-23-column](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-column.png?width=750&height=530&name=jan-23-column.png)Source: Data published by the EIC ![jan-23-share](https://landing.winnovart.com/hs-fs/hubfs/EIC%20Accelerator%20Statistics%20(Charts)/jan-23-share.png?width=750&height=530&name=jan-23-share.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 October 2022](https://landing.winnovart.com/eic-accelerator-october-2022-results), [EIC Accelerator Results June 2022](https://landing.winnovart.com/eic-accelerator-june-2022-results)   ### Resources --- 1. EIC Cut-off Announcement: [https://eic.ec.europa.eu/news/european-innovation-council-new-group-deep-tech-start-ups-receive-accelerator-investments-increase-2023-03-29\_en](https://eic.ec.europa.eu/news/european-innovation-council-new-group-deep-tech-start-ups-receive-accelerator-investments-increase-2023-03-29_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.  | | --- |