Eleven startups from the Netherlands have been selected for funding by the European Innovation Council (EIC) out of 1211 proposals. These companies will receive up to €161M in grants and €226M in equity, with a notable 79% benefiting from blended finance options. The funding highlights strong support for SMEs, particularly those led by women. The EIC Accelerator program aims to assist startups in developing their innovations effectively, with a structured path to funding and support through schemes like the 'Plug In'.
The European Innovation Council has selected eleven startups from the Netherlands for significant funding awards, showcasing their innovation amid 1211 submissions.
Collectively, the selected companies will receive up to €161M in grants and approximately €226M in equity, highlighting substantial financial support for innovation.
79% of the awarded startups will benefit from blended finance options, combining grants and equity, while 21% are led by women, reflecting diversity.
The EIC Accelerator supports individual SMEs, particularly startups, to scale their ground-breaking innovations, with grants up to €2.5M and equity investments.
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