Through the programme, we give you access to up to €25,500 grant funding, and business coaching with experienced professionals. You also benefit from a range of masterclasses, as well as workspace at ECCI’s vibrant Edinburgh hub (the Accelerator 1 programme for 2020 will be delivered entirely online due to the COVID-19 crisis).
Applications are currently closed for Accelerator Stage 1 and 2. Watch this space later in the year for another opportunity to apply.
The Accelerator stages
The coveted support programme, which launched at ECCI in June 2017, has kick-started more than 20 Scottish companies so far.
“Our Accelerator businesses are already reaping the rewards of the programme. Collectively, they’ve secured more than £1.75m worth of investments and won more than 50 awards.” ECCI’s Interim Executive Director, Ed Craig
Successful businesses can be moved through three programme stages, accessing support and funding at each one.
Stage 1: Fundamentals (5 weeks)
This first stage comes with up to €500 funding. Here, we help you find your market niche and unique selling points. We also help you figure out how to make money and scale up. A programme of expert support and events will guide you as you turn your invention into a solid business model. This programme will be delivered entirely online due to the COVID-19 crisis.
Stage 2: Validation (4 months)
Stage 2 is all about talking to customers to validate the business model. It helps you understand whether your business is solving real problems for your target audience. This stage comes with up to €5000 funding and is open to all businesses with a basic business model. As long as you have a motivated team behind your idea, including at least two founders. This programme will run between August and November 2020.
Stage 3: Delivery (6 months)
In Stage 3, which comes with access to up to €20,000 funding, we get your business ready for take-off. We support you to pilot your product or service and prepare you for negotiations. You’ll also be able to tap into a huge network of potential partners, investors and customers through this programme stage.
Here are some of the key Accelerator benefits at a glance:
Financial support: Get up to €30,000 funding to develop and launch your idea.
Professional development: 1-2-1 coaching, mentoring, masterclasses, events and peer-to-peer learning.
UK & international connections: Meet customers, partners and investors through a large international network.
Dynamic workspace: Free work and meetings space in our award-winning, low carbon Edinburgh hub.
"Climate-KIC helped us validate our product with industry professionals and hurdle the growing pains many start-ups face by giving us access to funding at a very crucial time in our growth." Sam Whitten, Founder, Hemp Eyewear
Who can apply?
You’ll need to tick the following boxes to be considered for our EIT Climate-KIC Accelerator programme:
- You’ve got a breakthrough idea for a new product or service that you think could have a big climate impact.
- You’ve already defined a basic business model.
- You’re a motivated, UK-based team, ideally with more than one person involved in the business.
- Your company (“legal entity”) is no older than two years. (If no legal entity has been established, you can create one in Stage 1 of the programme.)
- You’re committed to taking part in the programme activities, and comfortable working in an English-speaking environment.
Where ECCI's EIT Climate-KIC business support programmes include state aid, this is governed by the Universities (Scotland) Act 1889. If there is state aid present, the award will be made in compliance with Article 25 of the European Commission’s General Block Exemption Regulation.