One-Stop-Shop to EU Finance
Facilitating access to EU public finance for start-ups and scale-ups in the battery value chain
Important: The development of the One-Stop-Shop for EU Finance follows a lean product development approach, and we have now completed the pre-pilot phase. During this phase, we collaborated with several companies from the batteries value chain seeking support with EU financing. We are now evaluating the product-market fit and considering the potential for an extended offering. The results will be published on this website in Q4 2024.
Currently, we are not accepting new applications. If you would like to be notified when applications reopen, please email us at eba-oss@innoenergy.com.
If you are a start-up or scale-up playing an active role in contributing to or building a competitive, sustainable and resilient domestic European battery value chain, we want to see you scale fast.
To secure Europe’s position as a hotspot for battery investment, greater speed and simplicity in access to EU public funds is needed. EIT InnoEnergy, under the framework of the European Battery Alliance, presents the One-Stop-Shop service to EU public finance.
SIMPLICITY
We simplify the labyrinth of EU financing programme options for start-ups and scale-ups active in the European battery value chain.
SPEED
We decrease the time-to-financial transaction to scale business operations faster.
SEAMLESSNESS
We aim to make EU public financing available continuously along the lifecycle of a company or project, and ensure complementarity with private financing.
With this service, we aim to facilitate access to EU public finance for start-ups and scale-ups in the battery industry by providing guidance in getting investor ready and navigating the following EU funding programmes:
- EIC Accelerator
- Innovation Fund
- selected offering of the European Investment Bank (Advisory and Venture Debt)
- the European Bank for Reconstruction and Development
How the service works
Through the One-Stop-Shop service, you will:
♦ Learn how EU financing programmes work
Get an introduction to successful fundraising and how EU public money works; benefit from insights into the most relevant EU financing offers for batteries.
♦ Benefit from an industry fitness check
A team of industry experts in the European battery value chain will evaluate your company or project and offer an assessment on:
- Your positioning within the European battery value chain, membership for the European Battery Alliance;
- Your eligibility for the most relevant financing offer from the EU;
- Your business case potential.
♦ Get access to dedicated tools
Receive an investor mapping and gap analysis, and tailored material and guidance to prepare for public investor introduction.
♦ Be evaluated for access further investment opportunities with EIT InnoEnergy
If you have a stand-out business case, you will be connected to InnoEnergy’s investment team to discuss direct investment opportunities with InnoEnergy, one of the most active climate tech investors worldwide.
Your application journey
We will reduce time and effort spent on your side in navigating EU financing programmes, avoiding heavy upfront documentation. Assessment of your investor readiness and first steps to investor introduction will take only 4 weeks from the monthly cut-off date. Please note that due to the summer holiday season, the lead time to review applications may be temporarily longer.
Please take a moment to reflect on whether you fit the scope for the One-Stop-Shop service.
- Are you part of the European battery value chain as defined by the European Battery Alliance? Check the definition here.
- Are you a start-up or scale-up with less than 249 Full Time Equivalents on payroll?
- Are you aware that our service is offered only on the following EU public financing programmes? a) EIC Accelerator, b) Innovation Fund, c) selected offering of the European Investment Bank (Advisory and Venture Debt), d) the European Bank for Reconstruction and Development.
If you answered yes to the above, you can proceed to the next step.
Share key data on your company or project and your latest pitch or company deck with us. In addition, tell us why you think you are a good case to benefit from the One-Stop-Shop service. You will receive confirmation from our team on whether your application is eligible to pass to step 2.
Following your application, we will provide access to dedicated online training materials on fundraising, how EU money programmes work and insights into the most relevant EU instruments.
You will be asked to carry out self-assessments during the course, update your deck, provide data for investor mapping and fill in a short questionnaire to prepare for the next step.
Following our fitness check and internal evaluation on your application, the EBA250 team will invite you for a bilateral meeting of 30 minutes for mutual Q&A. The EBA250 team will then assess internally your investor readiness and share the results.
If you have a stand-out business case, you’ll be connected to InnoEnergy’s investment team to discuss direct investment opportunities with InnoEnergy, one of the most active climate tech investors worldwide.
Step 0. Perform a quick self-assessment for eligibility
Please take a moment to reflect on whether you fit the scope for the One-Stop-Shop service.
- Are you part of the European battery value chain as defined by the European Battery Alliance? Check the definition here.
- Are you a start-up or scale-up with less than 249 Full Time Equivalents on payroll?
- Are you aware that our service is offered only on the following EU public financing programmes? a) EIC Accelerator, b) Innovation Fund, c) selected offering of the European Investment Bank (Advisory and Venture Debt), d) the European Bank for Reconstruction and Development.
If you answered yes to the above, you can proceed to the next step.
Step 1. Submit your application
Share key data on your company or project and your latest pitch or company deck with us. In addition, tell us why you think you are a good case to benefit from the One-Stop-Shop service. You will receive confirmation from our team on whether your application is eligible to pass to step 2.
Step 2. Access dedicated service materials
Following your application, we will provide access to dedicated online training materials on fundraising, how EU money programmes work and insights into the most relevant EU instruments.
You will be asked to carry out self-assessments during the course, update your deck, provide data for investor mapping and fill in a short questionnaire to prepare for the next step.
Step 3. Receive feedback from EBA250
Following our fitness check and internal evaluation on your application, the EBA250 team will invite you for a bilateral meeting of 30 minutes for mutual Q&A. The EBA250 team will then assess internally your investor readiness and share the results.
Step 4. Access further opportunities with EIT InnoEnergy
If you have a stand-out business case, you’ll be connected to InnoEnergy’s investment team to discuss direct investment opportunities with InnoEnergy, one of the most active climate tech investors worldwide.
Important: The development of the One-Stop-Shop for EU Finance follows a lean product development approach, and we have now completed the pre-pilot phase. During this phase, we collaborated with several companies from the batteries value chain seeking support with EU financing. We are now evaluating the product-market fit and considering the potential for an extended offering. The results will be published on this website in Q4 2024.
Currently, we are not accepting new applications. If you would like to be notified when applications reopen, please email us at eba-oss@innoenergy.com.
Frequently Asked Questions
The One-Stop-Shop service does not invest directly. It is an advisory service which assesses your investor readiness for investor introductions. If you have a stand-out business case, you will be recommended for investment opportunities to InnoEnergy.
We provide guidance in developing your own investor material. We do not develop investor material for you.
The current focus of the One-Stop-Shop is the most relevant EU investment instruments for financing companies active in the European battery value chain.
No. Industry experts in the European battery value chain will evaluate your company or project. If you’re deemed a fit, you’ll be invited to join as a member of the European Battery Alliance.
Our initial scope is the most relevant financing instruments under EU direct management (EIC Accelerator grants, Innovation Fund grants and competitive bidding) and indirect management (EIB advisory services, EIB venture debt, EIC equity, EBRD grants and debt-financing).
Please take a moment to reflect on whether you fit the scope for the One-Stop-Shop service.
- Are you part of the European battery value chain as defined by the European Battery Alliance? Check the definition here.
- Are you a start-up or scale-up with less than 249 Full Time Equivalents on payroll?
- Are you aware that our service is focused on the following EU public financing programmes?
a) EIC Accelerator,
b) Innovation Fund,
c) selected offering of the European Investment Bank (Advisory and Venture Debt),
d) the European Bank for Reconstruction and Development.
For now, the service is only available for start-ups or scale-ups with less than 249 staff on payroll. As the service grows and adapts over time, we would like to open the service to larger companies too.
Yes. Our objective is to support the entire European battery value chain in scaling faster.
Yes.
Once we have received your input from the online training material, we aim to reach assessment of your investor readiness with you within 4 weeks. We process applications in monthly batches. The clock starts ticking from this monthly cut-off. Should you be at risk of missing an important application deadline, we will seek to prioritise your application outside of the regular scheme.
Please note that due to the summer holiday season, the lead time to review applications will be temporarily longer.
Yes, if there have been significant developments in your organisation which may change your application. Please indicate in your application if you have already applied and outline your reasons for re-applying.
The development of the One-Stop-Shop for EU Finance follows a lean product development approach, and we have now completed the pre-pilot phase. During this phase, we collaborated with several companies from the batteries value chain seeking support with EU financing. We are now evaluating the product-market fit and considering the potential for an extended offering. The results will be published on this website in Q4 2024.
Currently, we are not accepting new applications. If you would like to be notified when applications reopen, please email us at eba-oss@innoenergy.com.