The EIC Transition Instrument has a two-pronged approach: on the one hand, it supports research activities to validate and demonstrate advanced technologies within applications (TRL 4-6), and on the other, it supports the advancement of these technologies to market and the development of business plans for applications.
Individual applicants such as SMEs, spin-offs, start-ups, research organisations or universities, as well as small consortia consisting of a maximum of five partner organisations are all eligible to apply. Transition consortia also allow industrial partners, such as larger companies, in contrast to individual funding measures. An important restriction in the application process is that Transition applications must be based on results from previous Pathfinder or ERC Proof of Concept projects.
The timeline of the application phase includes an 8-9 week evaluation phase after the Call deadline, followed by a face-to-face interview, which is followed by another 2-3 week evaluation phase. The result of this process should therefore be communicated to the applicants after a total of 10-12 weeks. In the event of a positive outcome, the funding agreement is expected to be signed a total of 6 months after the Call deadline.
In addition to the planned funding of EUR 2.5 million, which can be increased in justified cases, Transition projects can apply for a one-time maximum of EUR 50,000 to implement portfolio activities. For such additional activities to be funded, they must not already have been described in the original Transition application. All the above funding options are complemented by the already free access of the consortia to business acceleration services and partnering events.
The goal at the end of EIC Transition projects is to increase Technology Readiness Levels (TRLs) for advanced technologies, with a view to moving beyond the “Proof of Principle” stage to feasible demonstrators and applications with at least TRL 5. The above-mentioned two-pronged project of the Transition funding instrument should consequently result in business plans as well as innovations that have reached investment maturity. Appropriate IPR protection of the project results must also be ensured.
Possibilities such as a follow-up application for the EIC Accelerator, activities in the field of licensing or activities for implementing other market development options are conceivable as further development paths for finalised Transition projects.