EIC selects 51 European startups for Accelerator programme; 8 are from the Netherlands

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The European Innovation Council (EIC) announced the selection of 51 companies to receive funding (combining equity and grant) under the EIC Accelerator programme. The companies were selected in a highly competitive process in which 139 companies were interviewed by juries of experienced investors and entrepreneurs. This was out of 551 full proposals submitted. The 51 selected companies will receive close to €260M in a combination of grants and equity investments, with the equity investments being made through the EIC Fund. The selected companies have a geographical spread spanning 17 countries, including three widening countries.

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$1M to $5M