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EIT Cross-KIC Strategic Access to Finance

Project description

Paving the way for sustainable ventures

In a dynamic landscape where innovation fuels progress, groundbreaking ideas often encounter a formidable adversary: lack of financial support. Start-ups and scaleups, brimming with potential to reshape industries, frequently face obstacles in accessing the funds they need to flourish. This is stifling the growth of promising ventures. With this in mind, the EU-funded EIT_XKIC_A2F project spearheads collaboration between the European Institute of Innovation and Technology, European Innovation Council, European Investment Fund and European Investment Bank, aiming to dismantle the funding barriers and empower initiatives supported by the Knowledge and Innovation Community (KIC) with the resources they require to thrive. By fostering synergies across these institutions, the project aims to fortify the financial sustainability of KICs while diversifying revenue streams through returns on investment and equity.

Objective

Developing synergies of the EIT community with EIC and EIF to facilitate investments (Access to Finance) for the KICs supported ventures (startups/scaleups) & innovation projects, and that also contribute to the KICs’ financial sustainability and diversification of revenues from RoI mechanisms/Equity.

Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIT-KIC - HORIZON EIT KIC Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIT-2023-2025-KIC

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Coordinator

EIT MANUFACTURING ASBL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 289 910,00
Address
NANO-INNOV, AVENUE DE LA VAUVE 8
91120 PALAISEAU
France

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Region
Ile-de-France Ile-de-France Essonne
Activity type
Other
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 289 910,00

Participants (8)

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