31/10/23 (Agence Europe) – On Monday 30 October, the European Innovation Council (EIC) announced that, following the third selection of its Accelerator for 2023 in June, a further 47 companies from 15 countries had been selected to receive EIC funding. Together, these companies will receive almost €350 million in funding. This funding will be a combination of grants and equity. Of the companies selected, 68% will benefit from blended financing: a combination of grants and equity investments. Equity investments will be made through the EIC Fund. Six hundred and forty-eight complete proposals were submitted and 140 companies were interviewed by juries made up of investors and entrepreneurs. The EIC points out that this selection showed a strong performance by engineering and technology companies, which accounted for 25% of the companies selected. Link to the selection: https://aeur.eu/f/9c9 (Original version in French by Émilie Vanderhulst)