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European Grants

 

Our team of consultants have extensive experience developing applications throughout a range of European Grants – Horizon Europe, Eureka – Eurostars and, in particular, EIC Accelerator

EIC Accelerator

 

The EIC Accelerator provides financial support to high-risk/high impact innovations with the potential to create new markets, transform existing ones and contribute to societal challenges.

Build on scientific discovery, radical thinking or technological breakthroughs (‘deep tech’). The innovation activities need to be currently at Technology Readiness Level (TRL) 6 or above.

 

This grant is designed to support the most promising and innovative projects and is managed by the European Innovation Council.

 

 ✅  It is an instrument for the market launch of innovative new products, services and business models that have the potential to stimulate growth.

 

 ✅  It provides funding for the latest developments right up to their market launch.

 

If you are a UK SME you can apply for a grant (only) up to €2.5m to cover a maximum of 70% of your total eligible costs. If you are a European Member State you can apply for blended finance (grant and equity) and or investment up to €10m.

 

Our customers say…

The process of claiming R&D tax relief with ABGi was painless and the outcome exceeded our expectations.Their Technical Analysts’ knowledge is fantastic, they fully understood our engineering business and products, with minimal input from our staff. Everyone at Cajero is really busy running the business, ABGi appreciated this, accommodating the time pressures from our side and kept our work to a minimum.

Alex Harding, CEO
Cajero Limited

We were not aware of any R&D incentives that could be applicable to our company. However after our accountants introduced us to ABGi, we were impressed from day one! The understanding achieved by their analysts of our processes really was significant; few professional bodies we have encountered had their level of engineering expertise, thus giving us the confidence to move forward with a claim.

Jon Pitt, Financial Director
L.M.g. Solutions Ltd

Like with many companies, we are constantly busy and at the start of our journey with ABGI, we weren’t sure if the effort would be worth the benefit. Luckily this wasn’t a feeling that lasted for long, as it was surprisingly straightforward and not as much paperwork as first expected.  We were totally stunned at the amount claimed, we really couldn’t believe it. The tax benefit has since allowed us to reinvest the money, buy new machinery and hire 2 new people.

Rod Wah, Managing Director
Beverston Engineering

Let’s get started

 

For a free consultation and analysis of the potential returns you might expect from your projects, contact the ABGi UK Team.