RMcH states: for those carrying out innovation projects within their companies activities the European innovation Council (EIC) can’t provide of 100% funding for the early stages of this innovation, provided they meet the criteria.

What’s an innovation project?

A project going beyond the state of the art, demonstrating a real breakthrough, but not going off into science fiction

The work of the project can be positioned on a maturity scale.

Technology Readiness Level. (TRL) the project will be able to progress from TRLX to TRLY and EIC can provide funding at each stage.

Refer to the EIC chart below, which demonstrates the initial stages, pathfinder, the transition, and then the accelerator stages and the funding available, sample.

If you think you have activities in this area, please make contact with us, today and we can assist.

Rothwell Mc Hugh Accountants
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