Out of 969 companies that submitted a full proposal, 347 were interviewed by juries of experienced investors and entrepreneurs. The jury then selected the 68 best companies to receive funding.
Almost all of the selected companies (96 percent) will receive the full blended finance option, which combines grants and equity investments. The equity investments will come from the EIC Fund.
The selected companies are from 17 different countries, including 5 proposals from widening countries. Additionally, 21 percent of the companies chosen are led by women.
The March cut-off saw an increase in companies participating in the 'Plug In' scheme, allowing funding bodies managing certified national/regional programs to directly submit projects from their portfolio to the full application stage of the EIC Accelerator.
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