Project description
Accelerating innovation with EIC Booster Grants
Europe’s most innovative ideas often struggle to secure the resources needed to transition from groundbreaking research to real-world solutions. EIC awardees, particularly those involved in Pathfinder and Transition projects, face challenges in accessing tailored financial support for their innovation journeys. This funding gap hampers not only individual projects, but also the broader European innovation ecosystem. To address this, the EIC-funded BOOST Project streamlines access to EIC Booster Grants to at least 100 EIC awardees on a first-come, first-served basis. With a compact, agile consortium and a strong focus on efficient governance, BOOST ensures impactful, data-driven support while allocating up to 83 % of its budget directly to innovators.
Objective
BOOST Project aims to ease the access of EIC Awardees (mainly EIC Pathfinder and EIC Transition projects as well as related third parties) to the EIC Booster Grants.
BOOST Project will distribute EIC Booster Grants (lump-sum grants to finance innovation and portfolio activities) to at least 100 invited EIC Awardees. The Booster grant projects will receive up to €50,000 following a first-come, first-served schema. BOOST Project will also provide the EIC and EISMEA with data relevant to assessing the impact of such support.
BOOST Project will do this by guaranteeing efficient and EC-rules compliant governance, adequate integration of EIC Booster grants within the EIC community support and EIC/EISMEA portfolio management activities, and gathering operative and impact data that will support evidence-based decision-making by the EIC and EISMEA.
To ensure effective task execution and maximize available resources, BOOST Project utilizes a compact and agile consortium. This allows up to 83% of the total budget to be allocated to EIC awardees. The consortium includes SPL, entity specialised in cascade funding, as Call for proposals manager, MWCB, especialised in tech transfer, as Booster grant projects manager, EurA PT as monitoring and impact manager, all of them coordinated by FBA as Project Coordinator and FSTP Manager. This streamlined consortium will rely on a high-quality, curated database of over 820 experts (who regularly collaborate with the partners) to support the evaluation and assessment of Booster grant projects. All this ensuring a seamless connection with EIC procedures and practices, as all partners are actively involved in EIC projects.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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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.
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.
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-CSA - HORIZON Coordination and Support Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2024-BOOSTER
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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.
02-676 WARSZAWA
Poland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.