The EUDIS Business Accelerator is specifically designed to support Start-ups & Scale-ups that are in their growth stage and are aiming to enter or strengthen their position within the European defence market. Applicants must meet several eligibility criteria to ensure they are well-suited for the accelerator and aligned with its goals.
The eligibility criteria are as follows:
- Geographic and control requirements: Companies must be established in an EU Member State or Norway. Furthermore, these companies should not be under the control of a non-associated third country or a non- associated third-country entity. However, a target group company established in the EU Member States or Norway that is controlled by non-associated third-country, or a non-associated third-country entity, might be eligible to participate if they already have guarantees approved by the EU Member State or Norway in which it is established.
- Company stage: Eligible companies must be either Start-ups or Scale-ups that are in their growth stage. Companies should have already developed a functioning prototype or product that is on the market, and they must have achieved some level of sales or pre-commercial success in either the commercial or defence market.
- Defence market focus: Companies must be aiming to enter the defence market or strengthen their existing position within the European defence ecosystem. This focus is essential as the accelerator activities are focused on training companies for success withing Europe’s defence industry.
- Relevance to the EUDIS Business Accelerator Technology Themes: The products, technologies, or services ocered by the companies must be relevant to the objectives of the EUDIS Business Accelerator themes. This ensures that the selected companies are strategically aligned with the programme’s goals and can maximally benefit from the accelerator activities.
- Location of infrastructure and resources: The infrastructure, facilities, assets, and resources of the participating companies, used for the purposes of the EUDIS Business Accelerator, must be located within the territory of an EU Member State or Norway.
Companies that meet these eligibility criteria will be considered for participation in the EUDIS Business Accelerator, provided they also meet the requirements of the ownership and control assessment after submitting their declaration of ownership.